
Apple is known for many things these days. The iPod is still hugely successful, but no longer on the tip of everyone’s tongue like the iPhone and iPad are. Those two devices have each created and led a new resurgence of the mobile device market, both for smart phones and Tablets. The iTunes music store is the world’s largest retailer of music; the App Store is an unrivaled success, with over 300,000 apps, having paid over $1 Billion dollars out to developers and the Mac computer lineup is out-pacing the overall PC sales 2:1. This has put Apple on the books as the Largest Tech company by market cap, beating Microsoft in total value as well as in total revenue for their last quarter, posting $20 Billion in sales.
So we have a company who has forced the Music Industry to change their distribution model, they have upended the mobile phone carriers and handset manufacturers, they have created the successful model for mobile phone app distribution that all others are trying to emulate. The real question is what’s next? What is the next big opportunity for apple? Continue Reading »