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This situation seems very different to me. Apple didn't publicly raise a billion and a half dollars of funding on the promise of the phone during the time you m
by mustacheemperor 10y ago
This situation seems very different to me. Apple didn't publicly raise a billion and a half dollars of funding on the promise of the phone during the time you mention, and it's been nearly 3 years since the hype started around the Google investments with almost nothing to show. Apple had already made the iPod and was well established. Smartphones already existed, just not as well executed. Magic Leap is promising a vast advancement of the state of the art in multiple fields.
- moomin 10y agoI'd say the big difference is that Apple weren't "inventing" the whole thing. It would have been perfectly possible for Nokia to have built something similar, but they didn't for what seemed to them solid commercial reasons. Apple's big contribution was smashing into a broken market that didn't serve its consumers.