Microsoft to release iPod rival this year

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( InfoWorld ) - Microsoft confirmed on Friday that it will ship a rival to Apple Computer's wildly successful iPod and iTunes digital music combination this year. Under a new brand, called "Zune," Microsoft will deliver "a family of hardware and software products" that will "bring together technology and community to allow consumers to explore and discover music together, it said. The

iPod adds shine to Apple profit
SAN FRANCISCO (AP) -- Apple Computer Inc easily topped Wall Street's income forecast for the spring quarter with a nearly 48 percent profit increase driven largely by the continued popularity of its industry-leading iPod music player. Company shares rose more than 8 percent in late-session trading.

IPod keeps on giving: Apple profit up 48%
Apple Computer Wednesday posted a 48% increase in quarterly net income as it sold more iPod digital music players and Intel-powered Macintosh computers.

Microsoft Planning iPod Challenger
Microsoft announced Friday plans to release a new mp3 player to take on Apple's iPod juggernaut under the name 'Zune.'