1. It takes time to develop the supply chain, product design and so forth;
2. Apple completely caught the industry with its pants down, creating a market where previously there was none where the consensus seemed to be that tablets were niche products;
3. Apple's competitors are constantly chasing last year's Apple product. It's why it's a huge mistake (IMHO) for competitors to draw attention to the iPad: at some point very shortly there will be a newer better iPad and suddenly they won't want to make those comparisons anymore (at least not for awhile);
4. These companies generally have absolutely no understanding of the markets they're entering. It's what I call the Cargo Cult School of Product Management; and
5. Whereas Apple went all-in with the iPad into unknown waters, every other suppliers seems to not believe in their product. It's a typical business strategy: test the waters, don't overcommit.
The problem is that Apple's "overcommitment" helped bring the price down.
"These companies generally have absolutely no understanding of the markets they're entering. It's what I call the Cargo Cult School of Product Management; "
Yea, I mentioned the myth that a MBA can manage everything before.
1. It takes time to develop the supply chain, product design and so forth;
2. Apple completely caught the industry with its pants down, creating a market where previously there was none where the consensus seemed to be that tablets were niche products;
3. Apple's competitors are constantly chasing last year's Apple product. It's why it's a huge mistake (IMHO) for competitors to draw attention to the iPad: at some point very shortly there will be a newer better iPad and suddenly they won't want to make those comparisons anymore (at least not for awhile);
4. These companies generally have absolutely no understanding of the markets they're entering. It's what I call the Cargo Cult School of Product Management; and
5. Whereas Apple went all-in with the iPad into unknown waters, every other suppliers seems to not believe in their product. It's a typical business strategy: test the waters, don't overcommit.
The problem is that Apple's "overcommitment" helped bring the price down.