Just got done watching the much ballyhooed iPhone (5) 4s roll out. I have to admit, I’ve been patiently waiting for the iPhone 5 and the iPhone 4s has me yawning a bit. I mean, I’ll probably still update from my crufty old iPhone 3… the camera looks good and the world phone part is great, but true to its name it really is just an incremental update.
I think the biggest news from this whole event and what the market seems to be totally missing is that Apple is giving away (with contract) the iPhone 3GS for FREE. Tim Cook pointed out that the true opportunity for Apple is that they only make up 5% of the total mobile phone market. The HUGE opportunity really lies at the low end. I mean compare the iPhone to any other free (with contract) phone on the market. The opportunity for app and music sales to this market segment is GINORMOUS.
