Last week we wrote on what the future of the Pod lineup will look like once the iPad mini entered the Apple product portfolio.  We stated there is very little room for a device in the $200-$300 price range to maintain a strong presence especially with strong competition in the price range.  Today, Analyst Ming-Chi Kuo of KGI securities says the iPod Touch “has entered the final stage of its product life cycle.”

Kuo states that the $299 price has very little room to compete or complement other apple products and eventually will have very little resources devoted to future releases.  Which could mean a fate much like the iPod Classic, which hasn’t seen an update in years.

I will stick to my earlier analysis that the iPod Touch will morph into a less expensive device.

[via AppleInsider]