“Apple’s out-sized plans in the smartwatch market—and speculation it is ready to plunge into car and head gear technology—has the distinct feel of a blueprint for world domination,” Jon Swartz writes for USA Today. “And, in classic Apple fashion, it is showing patience and discipline in learning from the missteps of others as it relentlessly climbs toward $1 trillion in market value.”
“Apple has shown a remarkable knack in letting others create buzz in a market — say phones or tablets — only to swoop in and catch a sizable chunk of revenue in that market,” Swartz writes. “The strategy comes straight out of the Steve Jobs playbook of coming to market with a clearly differentiated product that does two or three things better than its competitors.”
Swartz writes, “I once asked Steve Jobs if he was familiar with Tucker: The Man and His Dream (1988), a Francis Ford Coppola movie starting Jeff Bridges as Preston Tucker, a maverick car designer who revolutionized safety features and a sleek look — only to be crushed by the Big Three automakers, who later co-opted his ideas. ‘No,’ a smiling Jobs said, leaning forward. ‘But it sounds like a great movie.'”
Read more in the full article here.