On the market less than six months, Apple's iPod shuffle has grabbed a 58% share of the flash-based digital media player market, up from 43% in February, the company chief...

On the market less than six months, Apple’s iPod shuffle has grabbed a 58% share of the flash-based digital media player market, up from 43% in February, the company chief financial officer, Peter Oppenheimer, reported in an interview to Merrill Lynch analyst Steven Milunovich in a recent interview.

In regard to competition from phones, Apple believes that iPod will remain the best way to manage and listen to music with MP3 capability in handsets more complementary than a replacement. "The negatives of music on a handset include a worse user interface and limited battery life," Oppenheimer said although he didn’t foresee problems working with cellular carriers to employ iPod features in mobile phones.

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