Apple has been known, in recent years, for innovating devices, that change the landscape of whole markets. Well, they have done it again. Today Steve Jobs announced the “iPhone”, which is the new “widescreen” video iPod, amazing cell phone and “Mobile Internet Communicator” all in one. Not only that, but it runs desktop apps and OS X, and uses a multi touch, touch screen technology. I just about peed myself with excitement (YES, i am a dork, but if you read this site, you know that). It really is a BEAUTIFUL and amazing peice of technology. There are only two downsides to it - for the time being, (2 years, possibly more) it is ONLY through Cingular, which apparently has been bought by AT&T, and the battery life is only 5 hours when using it as a video viewer, and 16 hours when listening to music.

Regardless, Apple has done it again. This is going to be HUGE for Apple. They aim to take just 1% of the cell phone market which, if they are succesful means about $5.5 billion of Gross sales on a completely new revenue stream. And all indicators point to them being 100% successful. Just imagine if they are only HALF as successful in this market as they have been in the iPod market, their revenue will go through the roof! Today alone, as I write this, their stock has gone up 8%. And I fully expect analyists to put their 12 month price forecast up quite a bit.

As I have said before, Apple will take over the world.

For more info on the iPhone, click here or here

This entry was posted on Tuesday, January 9th, 2007 at 2:27 pm and is filed under Technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.