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Yes, certainly. I would say that for a long time Apple was an excellent example of that, maybe even still today if your metrics are market share (instead of pr
by cryptoz 11y ago
Yes, certainly.
I would say that for a long time Apple was an excellent example of that, maybe even still today if your metrics are market share (instead of profit/revenue). Most of Apple's products are follower products - as in, they enter a maturing space where much of the market research and hard technological work has already been done. Once they enter the market with a better product that is released after the early entrants, and it turns out to be a better product, they eat up all the revenue in the space.
- brandnewlow 11y agoI was watching the the iPhone launch video last night and what you're saying is very apropos. Apple was able to piggyback on the failures of existing smartphones to tell a powerful product story: https://www.youtube.com/watch?v=9hUIxyE2Ns8 https://www.youtube.com/watch?v=9hUIxyE2Ns8
- mikeash 11y agoThis is why I'm so surprised that they released a watch. The smart watch market was tiny and extremely immature. To jump in when they did is very different from their previous winning formula. It will be interesting to see how it works out.