The rise, fall, and rise of portable MP3 players

This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more on the collapse and the resurgence of the portable media player, follow Terrence O’Brien. The Stepback arrives in our subscribers’ inboxes on Sunday at 8AM ET. Opt in for The Stepback here. We are spoiled for choice, musically. Most of us walk around with access to hundreds of millions of songs in our pockets. But it wasn’t until 1998 that portable digital music was even a thing. Before that we lugged booklets full of CDs on the bus or stashed a handful of cassettes in our backpacks. With the advent of the MP3 player in the 2000s we were soon able to carry massive libraries of music everywhere we went — over 1,000 albums’ worth depending on the file format and the size of your MP3 player. The MPMan F10 is generally considered to be the first commercial MP3 player. It was roughly the size of a deck of cards…