The WSJ has recently reported about Amazon’s plans to offer an Amazon-branded iPod competitor and digital music download store. Erstwhile Dot Com apologist Henry Blodget thinks it is a ‘me-too’ strategy arriving a bit too late.



First, Amazon’s entry into this business is shockingly and annoyingly late. As with the Netflix DVD business,

Second, lots of cool Music players and music download services lead by iTunes are already covering most of the market.

Third, there are pitiful margins in the highly competitive hardware business.



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