"The main reason CD is still around I suspect and has not been replaced has more to do with it being a very good solution than it does with our digital audio technology cannot cut it even these days."
This is totally wrong. The reason for no new formats is that there has been adverse consumer reaction to updating technology. Few fewer CD's have ever been sold than originally thought probable in the original business plan for CD. Consumers are resistant to go and buy their whole music collection again.
We audiophiles are a very very minute population in the scheme of the music market.
Now of course IPOD's and computers have leapt into the fray.
The market has simply moved on.
This is totally wrong. The reason for no new formats is that there has been adverse consumer reaction to updating technology. Few fewer CD's have ever been sold than originally thought probable in the original business plan for CD. Consumers are resistant to go and buy their whole music collection again.
We audiophiles are a very very minute population in the scheme of the music market.
Now of course IPOD's and computers have leapt into the fray.
The market has simply moved on.