I keep this clip open in a browser tab so I can go back to it from time-to-time: https://www.youtube.com/watch?v=X3NASGb5m8s
It's the same basic message from Jobs, but this time about Xerox.
It's the same basic message from Jobs, but this time about Xerox.
With how Apple has avoided ever becoming a monopoly in pretty much any area, and instead tries to just take the top most profitable customers, it really meshes well with this idea of not becoming a monopoly and having the company rot.
Edit: looks like this might be from Triumph of the Nerds, a series released on PBS in 1996. So before Jobs' return to Apple and Apple's turn around.
I think they are only the majority in tablets, right? And tablets seem to be, oddly enough, a bit stagnant.
Of course, this could be overthinking a plate of beans, maybe Apple just aims for a high price point and high profit margin. But if you did want to take most of the current profits, and most of the future profits, you'd ensure you got enough feedback to not become a monopoly. You'd aim to take only the high profit margin customers and intentionally ignore the lower profit margin customers to let some form of competition continue to push on you.
Thanks for sharing!
From what I understand, their network was overengineered and they generally put out a very high quality product, and didn't need to do a lot of marketing.
And considering the landfills that are filled with things that replaced "expensive" goods like a Bell phone—maybe the tradeoff isn't worth it?
I doubt any consumers then had heard about 'economic externalities' (in fact, I'm not sure enough have heard about it now).