AGL 39.58 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 131.22 Increased By ▲ 2.16 (1.67%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.47 Increased By ▲ 0.65 (1.59%)
DGKC 82.09 Increased By ▲ 1.13 (1.4%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 72.87 Decreased By ▼ -1.56 (-2.1%)
FFL 12.26 Increased By ▲ 0.52 (4.43%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.51 Increased By ▲ 0.76 (5.53%)
KEL 5.19 Decreased By ▼ -0.12 (-2.26%)
KOSM 7.61 Decreased By ▼ -0.11 (-1.42%)
MLCF 38.90 Increased By ▲ 0.30 (0.78%)
NBP 64.01 Increased By ▲ 0.50 (0.79%)
OGDC 192.82 Decreased By ▼ -1.87 (-0.96%)
PAEL 25.68 Decreased By ▼ -0.03 (-0.12%)
PIBTL 7.34 Decreased By ▼ -0.05 (-0.68%)
PPL 154.07 Decreased By ▼ -1.38 (-0.89%)
PRL 25.83 Increased By ▲ 0.04 (0.16%)
PTC 17.81 Increased By ▲ 0.31 (1.77%)
SEARL 82.30 Increased By ▲ 3.65 (4.64%)
TELE 7.76 Decreased By ▼ -0.10 (-1.27%)
TOMCL 33.46 Decreased By ▼ -0.27 (-0.8%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.62 Increased By ▲ 0.35 (2.15%)
TRG 57.40 Decreased By ▼ -0.82 (-1.41%)
UNITY 27.51 Increased By ▲ 0.02 (0.07%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,504 Increased By 59.3 (0.57%)
BR30 31,226 Increased By 36.9 (0.12%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)

Sony Corp said on Thursday it would sell advanced Walkman portable music players later this year, aiming to move out of Apple Computer Inc's shadow in a market the Japanese company created a quarter of a century ago.
The announcement comes hours after Apple unveiled the pencil-thin "iPod nano" digital player and a long-anticipated mobile phone that plays music in a bid to extend its domination of the market.
"Our previous models have been well accepted by customers in Japan and the United Kingdom. But we are not at all satisfied with where we are now," said Koichiro Tsujino, co-President of Connect, a Sony unit which makes portable music players and offers online music distribution services.
"I understand a certain company made an announcement earlier today. We will accelerate our challenge with these new models," he told a news conference.
Sony, which created the portable music market 26 years ago with its now-legendary cassette-playing Walkmans, has lost out to Apple in the portable digital era as it focused on its mainstay CD and Mini Disc players.
Sony will offer two hard disk-based music players - one with a storage capacity of 20 gigabytes (GB) and the other with 6 GB - and three flash memory-based players that will keep the existing models' perfume bottle appearance.
The 6 GB model is Sony's first hard-disk player with a small capacity. Apple's iPod nano comes in 2 GB and 4 GB capacities.
Sony's new models will add the ability to automatically select and play the songs a user listens to most, and also to pick songs released in a certain year - a function Sony calls the "time machine shuffle".
The new models will go on sale in Japan on November 19 and Sony, which introduced the first Walkman in July 1979, aims to launch them overseas by the end of the year.
The 20 GB hard-disk model, capable of storing up to 13,000 songs, is expected to retail at around 35,000 yen ($318) in Japan, Sony said.
Sony aims to sell a total of 4.5 million hard disk and flash memory portable music players in the year to next March, up from 850,000 units a year earlier.
Apple has sold about 22 million iPods worldwide since their introduction in October 2001, making it by far the most widely used player in a market that research firm In-Stat expects to nearly quadruple to 104 million units a year by 2009.

Copyright Reuters, 2005

Comments

Comments are closed.