A leading industry analyst has declared that “Apple is basically fucked” after Apple’s 2010 fourth quarter results revealed that iPod sales had declined by 11 percent.

With the ubiquitous music player the only important product Apple makes, the leading analyst dismissed Apple’s record $20.4 billion revenue and $4.31 billion profit as “a blip” and said “it’s not like we just make shit up as we go along, you know,” adding: “If I were you, I wouldn’t even bother to sell your Apple shares, because the company really is that fucked—by the time you try, it’ll be too late.”

Another leading industry analyst agreed, pointing out that Apple was “closed”, “not open”, “somewhat shut” and “blinkered”, again pointing to the disastrous 11 percent decline in iPod sales as the “final proof that Apple is done”. Writing off the 27 percent jump in Mac sales and 91 increase in iPhone sales (to 14.1 million), he added: “Look, the iPod is where it’s at, and it’s clear Apple is losing that battle. I predict that within the year, Apple will be lucky to sell whatever’s left of its battered reputation to Acer for ten bucks and change.”

Yet another leading analyst chimed in: “It’s unlikely that Apple will survive the year. The drop in iPod sales will really hit Apple, and the tiny number of iPad sales—just over four million—won’t be enough to help the iPod maker struggle into 2011.”