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By Bob Warfield on February 11, 2011
According to Michael Porter, markets have three winning strategies: - Best: Build the best product in the market. - Low Cost Provider: Compete on Price. - Niche: Service a niche that is under-served by the other two strategies. All markets have niches of one kind or another. Can you guess which of the three smartphone […]
By Vinnie Mirchandani on February 11, 2011
A quote from Chapter 1 of my book “Steve Jobs is explaining one major reason for the iPhone ’ s success —Apple ’ s ability to integrate hardware and software engineering: “ We realized that almost all — maybe all — of future consumer electronics, the primary technology was going to be software. And we […]