A terabyte iPod - and other Apple predictions

CNN/Money covers the recent Apple predictions made by Gene Munster at Piper Jaffray. Munster recently wrote in a research note that "within five years, Apple could release an iPod with one terabyte of storage -- that's almost 17 times the maximum amount of iPod storage Apple currently offers."

Munster envisioned the "one terabyte iPod as a portable, "coffee table" media center that would allow users to store hundreds of movies and thousands of photos and songs," and thought "Apple could feasibly release a $500, one terabyte iPod in the next five years." Muster also predicted an Apple iPhone and MVNO service within the next two years.