Could This Be The Next Great Monopoly
Below is a MRR and PLR article in category Internet Business -> subcategory Web Hosting.
Could This Be the Next Big Monopoly?
Apple recently unveiled the highly anticipated iPhone, a groundbreaking handheld device that combines an MP3 player, video/movie player, internet access, and cell phone. It's clear from the launch that this device is set to be a major success. But at what cost?
Despite a price tag of $500 to $600, thousands of eager customers lined up across the country to be among the first to own one. Some enthusiasts even waited for days, reminiscent of a Hollywood premiere or a once-in-a-lifetime concert.
Excitement peaked when the doors opened, but for many, it was short-lived once they discovered they needed to sign up for a service plan with AT&T. Although some customers attempted to use their existing SIM cards from other carriers, they quickly learned that AT&T is the exclusive carrier for the iPhone.
Additionally, activating the iPhone requires setting up an Apple iTunes account, whether you want one or not. To date, over half a million iPhones have been sold, with around 50% of new customers switching to AT&T. This shift means more users for AT&T and fewer for other carriers.
A monopoly occurs when a single seller dominates a market with many buyers, allowing them to set prices as they see fit. Currently, it seems that Apple and AT&T have cornered the market for the coolest new device. No other carrier supports the iPhone, and few comparable devices exist. However, this may not last long.
Verizon is not standing idle. They plan to compete with the iPhone by releasing a lineup of new PDA smartphones. The LG KE850, which resembles the iPhone with its touchscreen, is on the horizon, though it lacks built-in storage. Nonetheless, it offers many similar features.
Samsung has upgraded their i730 to the i760, featuring a horizontal slider design. Additionally, Samsung's upcoming F700 will boast a layout similar to the iPhone, with a horizontal slide-out keyboard and a unique operating system. While its functionality is uncertain, it likely won't match the software support provided by Windows Mobile.
For now, Apple and AT&T might have a monopoly, but it won't be long before other providers and manufacturers unveil their latest innovations. What new features could they possibly introduce? We'll just have to wait and see.
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