1. It has reached the million units mark in 74 days. According to AppleInsider: “One million iPhones in 74 days -- it took almost two years to achieve this milestone with iPod,” said Apple chief executive Steve Jobs. “We can’t wait to get this revolutionary product into the hands of even more customers this holiday season.” The race is on towards 10 million by 2008 end. Aggressive pricing will surely help.
2. The early buyers (the fanatics like me) will get a $100 credit (details here). This is unusual but Steve Jobs decided wisely not to alienate his loyal ardent enthusiasts!
3. iTunes will provide functionality to convert songs into ringtones and that should appeal to the users seeking value from the convergence of devices and applications. Moreover, iTunes Wi-Fi music store will be launched soon (bypassing the mobile operators network to access music).
4. Will we see a 3G iPhone soon? Strong indications are coming from Germany that it may happen before the end of 2007--the question is will it be in USA or elsewhere?
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Apple is in the midst of the kind of challenges that we expect to face when competing under fast-changing conditions, where success depends not just on the focal company's actions but how it orchestrates a network of alliances and partnerships.
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