One of the oldest tricks in the tech product launch book is pre-announcing a product well in advance of actual launch. This tactic is used to freeze potential customers from buying competing products. Apple recently utilized this tactic with the launch of the iPhone. In announcing the iPhone six months in advance of launch, customers of competing products (e.g. Treo, Blackberry Pearl) may put off a purchase and wait until the iPhone hits the market. Appleās tactic also has a benefit to Cingular as wireless customers may be more inclined to hold off on switching away from Cingular or more rapidly leave a competitor (e.g. Verizon).
This got me thinking...when all these companies (e.g. Nokia, Motorola, Sprint, etc) start missing their Q1 and Q2 Wall Street estimates, will they blame the iPhone. Public companies like to point the finger at uncontrollable factors (e.g. price of oil, natural disaster, etc) that caused them to miss their estimates. I wonder how many are going to point to Steve Jobs as causing their anti-halo Apple effect.
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Q1 and Q2 misses due to the iPhone
Comments
Re: Q1 and Q2 misses due to the iPhone
by
Michael Dearing
on Tue 20 Feb 2007 11:52 AM PST | Permanent Link
This is an excellent observation. I have found myself not only holding off upgrading my smartphone but also getting cranky with the interface. In addition to the direct commercial impact you describe, I also think the slick early announcements can, and particularly in Apple's case, raise the bar on design and interface expectations even when the only interaction with the new product is indirectly through media coverage and pr hype.
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