Does anyone pay for mobile ring tones anymore? A few years ago it was usually the first thing I tried to do when I got a new mobile. Now I can change my ring tone in seconds and choose from my own music catalogue.
Does anyone still rent DVDs? We’ve moved from watching films in a cinema, to watching them at home, to being able to choose from a catalogue of movies and TV programs and stream them on demand. Each step has been about increasing consumer choice and providing more options about what, how and when we choose to consume. The music industry has followed a similar journey of increased consumer choice. Successful IT companies don’t deliver new features; successful IT companies give customers more choices. The iPhone would have been just another expensive phone were it not for the explosion in choice driven by the App Store.
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