Apple introduced the iPhone and all hell broke loose:
Going Private writes, “Suddenly, rather than needing a network provider to subsidize the hardware costs because consumers won’t even pay $100 for a chunk of Nokia fertilizer, $600$500 out of your own pocket doesn’t seem crazy for a phone. It was only crazy back when you thought you were just buying a phone. Or, should I say, what passed for a phone.”
“If Apple follows the experiment to its logical conclusion, we should see them buying a wireless provider one of these days. Or building one. Flat fee for (true) unlimited data couldn’t be far behind,” Going Private writes. “Could it?”
Going Private writes, “Why do I love Apple, despite all peer pressure and conventional wisdom? They understand that superior products kill three porter birds with one stone.
They eliminate substitutes, increase development costs (and therefore reduce new entry threats) and decrease supplier power. Locking consumers into a closed system only gets you one, and pisses your revenue source off at the same time.”
Going Private writes, “Why do I love Apple? They intend to make money because of my desires, not despite them.”
Excellent full article – highly recommended – here.
[Thanks to MacDailyNews Reader “Captain Insano” for the heads up.]