Seeking to cash in on one of their few untapped market segments, Microsoft has announced plans to release a digital music & video player, to rival Apple's iPod, by Christmas. According to a USA Today article, "The new player, which Microsoft has been touting to record companies in the last few weeks, will let users download music and videos over the air, according to one source, a feature which would give it an edge over the iPod."
If I were a gambling man, I'd put some serious green down in order to bet that Apple will release a new iPod with similar (if not better) wireless capability by the end of the year.
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