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Strange use of the word "saturated". They sold 4 million in the first weekend. Everyone wants an iPhone; the only thing holding them back are price and connecti
by warmfuzzykitten 15y ago
Strange use of the word "saturated". They sold 4 million in the first weekend. Everyone wants an iPhone; the only thing holding them back are price and connectivity. Therefore, the iPhone market is the phone market. Apple currently has 4% of that market. (When he introduced the iPhone, Steve Jobs said even 1% of that market would be huge. It has exceeded his ambitions 4x.) That leaves 96% of the market, which is still growing, to expand into. So, saturated? I think not.
- stonemetal 15y agoHow many of those were upgrades vs new customers? They may "only" have 4% of the cell phone market in general but they have a much larger percentage of the smart phone market. By saturated I meant that anyone who wants one has one. You can get them free with contract, so they have already completed the race to the bottom. iPhone's future mostly consists of replacement rate, and the gradual death of dumb phones.