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  • iPhone/iPod touch Fastest Growing Consumer Tech Ever


    In a presentation at the Web 2.0 Summit in San Francisco, Mary Meeker, the Managing Director of financial services firm Morgan Stanley, noted that the combined growth of the iPhone and iPod touch has outstripped that of every other consumer electronics platform including the Wii and Playstation Por.

    True, it's a bit like comparing apples and oranges (no pun intended), since the Wii is a gaming platform, and the iPhone is... well... a phone, in addition to being a multi-purpose mobile computing system. However, her slideshow, as reported by TechCrunch, does make a compelling case that the iPhone (which she somewhat confusingly referred to as the iTouch) has made an unprecedented impact in the mobile electronics market in the two years since it was first introduced.

    Another statistic that comes as little surprise to iPhone owners is the rate of growth in data usage on AT&T's network since the iPhone was launched: a nearly fifty-fold increase, or as her chart depicted it, "4,932%":



    What we've experienced as the network trembling to its knees is this dramatic scaling up in demand. Though many have criticized AT&T's poor planning for the increased load on their network caused by millions of iPhones, seeing a statistic like this definitely puts the issue in perspective.

    Along the same lines, IndustryGamers noted a report by market research firm DFC Intelligence that indicated sales of devices like the Wii and PSP have largely leveled out. DFC analyst David Cole remarks:
    "The dedicated portable game systems from companies like Nintendo and Sony are still expected to lead the market, but it appears growth for these devices has peaked. The platforms from Apple are expected to be responsible for the bulk of market growth over the next few years."
    The report predicted that sales for games on the iPhone/iPod Touch will make up 24% of all games sold for mobile devices by 2014.

    image via TechCrunch
    This article was originally published in forum thread: iPhone/iPod touch Fastest Growing Consumer Tech Ever started by Paul Daniel Ash View original post