“On June 29, Apple celebrates the 10th anniversary of the iPhone, a device all but culturally synonymous with the word smartphone,” Tim Bajarin writes for TIME Magazine. “Before its release, the hype for an Apple-devised phone was off the scale. It even garnered the nickname the ‘Jesus phone’ — or better still, ‘jPhone’ — as some felt it would be miraculous. At the time, none of us believed it could live up to the hype. To our surprise, the iPhone turned out to be a game-changer, a powerful new technology that went on to impact the lives of hundreds of millions of people around the world, changing the way they communicated, worked, learned and played.”
“But the most surprising thing about the iPhone is the impact it’s had on five major industries,” Bajarin writes. “The first industry it upended was the PC market, where Apple’s stroke of genius was to put one in your pocket… The second industry the iPhone impacted was Telecom companies like AT&T and Verizon. Before the iPhone, most of the original telco business models were around voice. Today’s telecom providers are data communications companies whose business models have been completely transformed.”
“The third industry the iPhone turned on its head was the movie and TV business,” Bajarin writes. “The fourth industry the iPhone impacted has been the gaming industry… The iPhone has also impacted the health industry.”
Much more in the full article here.
MacDailyNews Take: Transformational.
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There was a feeling like an electric shot when Steve held up the first iPhone. I’ll never forget it.
And provoked an stagnation on the development of new Macs?
Seems it also has some small impact on photography and camera manufacturers
Six industries: News, which may be most important of all given its linchpin role in the oversight of democracy.
True enough, the pre-announcement hype was enormous. Leading up to the announcement, many armchair designers came out with what were thought to be radical designs that Apple might use.
But as Steve gave his iPhone demo it became apparent that the real iPhone was far more ambitious than even the most radical and daring of pre-announcement mockups. Steve took us all surprise! But from then on it was crystal clear to us that the iPhone represented the future of all smartphones.
Even so, the cretins still came out of the woodwork proclaiming how much better the Nokia 95 was and that we were just a bunch of Apple fanbois. I wonder where those visionless yobs are today?
Still flippin’ their phones? 😀
That day I immediately called the stock broker and told him to buy AAPL. I believe it was $50/share. I was holding a Palm Treo and knew the world had changed.
Back on June 29th, AAPL was about $122 a share. Or if you mean back in January, the low I recall was about $84. I bought 585 shs @ $85.12 on Jan 26.
My recollection was the stock was in the $100 range as you indicate. I had a sell limit of something like $80. I think the trading of AAPL was paused during the keynote.
But somehow, the stock market was able to dip (a significant and unnatural dip) low enough to “steal” my shares and then immediately bump back up. Since then I have recognized that the stock market and brokers are crooks and do nothing but insider trading.
However, I am not dumb enough to stay out of the market. AAPL, and the stock market has been good to me in spite of some of my stupid strategies/investments.
And then Monkey Boy Ballmer came out with, “And we have the Motorola Q, a very capable phone,” or something like that. “It can co email, it can do internet, and it can do photos;” MDN showed that silly video.
The contrast between Jobs’ inspiring description of the iPhone and Ballmer’s pedestrian, geeky observation about his Windows Mobile was absolutely striking.