29
Aug
2006
Bloomberg: Toshiba Corp. shares rose after Microsoft announced that the Japanese giant would be producing its Zune digital music player that will compete with Apple’s iPod.
Microsoft is working with Toshiba to get the device in stores for the Christmas selling season.
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Apple has sold more than 58.9 million iPods since their introduction in October 2001, including 8.11 million units in the quarter ended July 1.
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