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I love reading paragraphs like this: The global market for AR products will surge 80 percent to $165 billion by 2024, according to researcher Global Market Ins

by CPLX 10y ago

I love reading paragraphs like this: The global market for AR products will surge 80 percent to $165 billion by 2024, according to researcher Global Market Insights. But Apple really has no choice, says Gene Munster, a founding partner at Loup Ventures who covered the company for many years as an analyst. Over time, Munster says, AR devices will replace the iPhone. Oh, OK. Glad we've got all that sorted.

colmvp 10y ago
It's 2017, and e-books didn't replaces paper books, tablets didn't replace textbooks or laptops, gamers still use their PCs (it's not dead!), and consoles are still a thing despite the popularity of mobile games.
- arcanus 10y ago
  Someone please explain to reporters that the universe isn't zero sum.
- seanmcdirmid 10y ago
  It's 2017, e-books have hugely affected the paper book market, tablets have hugely affected the textbook and laptop markets. PCs are no longer a growing as a market and are actually shrinking a bit. Consoles aren't as lucrative as they used to be because of the popularity of mobile gaming. Anyone in this industry who doesn't try to look ahead will be caught with their pants down. The byline: > CEO Tim Cook is betting on augmented reality, a cousin of VR that he believes will keep his company on top and may even supplant the iPhone. This is a completely reasonable statement in that context, it isn't as strong as Munster's quote above, but it probably wasn't meant to be that strong anyways.
  - CPLX 10y ago
    Gene Munster, of course, is uniquely talented at predicting what Apple is going to do: https://9to5mac.com/2011/10/24/analysts-apple-prototyping-television-set-for-a-2012-launch-but-it-wont-come-cheap/ https://9to5mac.com/2011/10/24/analysts-apple-prototyping-te... https://9to5mac.com/2015/05/19/munster-apple-television-retraction/ https://9to5mac.com/2015/05/19/munster-apple-television-retr...
- psyc 10y ago
  That's kind of equivocating on "replace". The old tech hasn't been eliminated, but for many people it has been replaced. That is, it's been displaced.
kbart 10y ago
I wonder where all these "billions of billions" IoT devices from the last "next big thing" went as had been forecasted for ~5 years now.
- azinman2 10y ago
  Gone with the watch. That's what happens when random analysts and the media hop onto a "trend" before it even exists or has proven itself.
tempodox 10y ago
At least they don't have to read the entrails of animals, like the ancient folks did. I guess, we can call that progress.

by CPLX 10y ago

colmvp 10y ago

It's 2017, and e-books didn't replaces paper books, tablets didn't replace textbooks or laptops, gamers still use their PCs (it's not dead!), and consoles are still a thing despite the popularity of mobile games.

arcanus 10y ago
Someone please explain to reporters that the universe isn't zero sum.
seanmcdirmid 10y ago
It's 2017, e-books have hugely affected the paper book market, tablets have hugely affected the textbook and laptop markets. PCs are no longer a growing as a market and are actually shrinking a bit. Consoles aren't as lucrative as they used to be because of the popularity of mobile gaming. Anyone in this industry who doesn't try to look ahead will be caught with their pants down. The byline: > CEO Tim Cook is betting on augmented reality, a cousin of VR that he believes will keep his company on top and may even supplant the iPhone. This is a completely reasonable statement in that context, it isn't as strong as Munster's quote above, but it probably wasn't meant to be that strong anyways.
- CPLX 10y ago
  Gene Munster, of course, is uniquely talented at predicting what Apple is going to do: https://9to5mac.com/2011/10/24/analysts-apple-prototyping-television-set-for-a-2012-launch-but-it-wont-come-cheap/ https://9to5mac.com/2011/10/24/analysts-apple-prototyping-te... https://9to5mac.com/2015/05/19/munster-apple-television-retraction/ https://9to5mac.com/2015/05/19/munster-apple-television-retr...
psyc 10y ago
That's kind of equivocating on "replace". The old tech hasn't been eliminated, but for many people it has been replaced. That is, it's been displaced.

kbart 10y ago

I wonder where all these "billions of billions" IoT devices from the last "next big thing" went as had been forecasted for ~5 years now.

azinman2 10y ago
Gone with the watch. That's what happens when random analysts and the media hop onto a "trend" before it even exists or has proven itself.

tempodox 10y ago

At least they don't have to read the entrails of animals, like the ancient folks did. I guess, we can call that progress.