Her Name Was Rio

H&M Holdings, the current makers of one of the world's first MP3 players - the Rio, has announced it is leaving the business citing "intense competition". It's a tough space to compete in, especially when you consider Apple's iPod has a 70% market share.

Most people think the Rio Diamond (pictured) was the first MP3 player. Wrong. That distinction actually belongs to Saehan's MPMan which was released a couple of months earlier than the Rio in Asia.