Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I just read where over 50% of the cell phones sold in the USA are now made by Apple.
One of the reasons Apple is doing so well is that their phones now have a very long useful life. Apple is also very good at monetizing the older phones via subscription services like Apple Music.
So GM is going risk losing over 50% of the American new car market? Does this make sense? I wonder if anybody has managed to calculate the risk/reward ratio for this decision? I would be interested in how they made the decision.
https://9to5mac.com/2022/09/02/iphone-us-market-share/
One of the reasons Apple is doing so well is that their phones now have a very long useful life. Apple is also very good at monetizing the older phones via subscription services like Apple Music.
So GM is going risk losing over 50% of the American new car market? Does this make sense? I wonder if anybody has managed to calculate the risk/reward ratio for this decision? I would be interested in how they made the decision.
https://9to5mac.com/2022/09/02/iphone-us-market-share/
https://www.wsj.com/articles/apple-iphone-smartphone-market-dominant-android-7914e6b0?page=1
The iPhone’s staying power is linked in no small part to Apple supporting software upgrades for devices that came out as early as 2017. As a result, these phones have a considerable afterlife, cycling through second and even third owners before being cast aside.
And with network carriers offering discounts on new phones when people trade in an old one, another parallel with the auto market, there are ample devices available for bargain hunters.
The impact of this is huge, and making a big winner out of Apple. It now seems likely that the overwhelming majority of smartphones in use in the U.S. will eventually be iPhones—the result of a steady climb in its share of the U.S. market.
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