More on the iPhone

10 Jan

Posted by Andy Brudtkuhl under Gadgets, General, Technology, Video

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Apple Inc.’s stock jumped 8% on yesterday’s announcement. Is it me or is that a huge jump after a product announcment? It closed at a record high for Apple Inc., while shares of other cell phone makers dropped. Oh, yeah they changed their name from Apple Computer too, since they don’t want to corner their brand. They want to be a consumer electronics company now (as if they hadn’t already accomplished that).

Many people are writing how this new product will cannabilize their current market for MP3 players. I disagree - it’s a versioning tactic. They are also extending their market reach. I can’t envision any adverse effects on their current product line.

You may not of heard about the other major announcement by Apple since the iPhone has taken over the tech news wire. Apple TV is Apple’s response to the Living Room War. They want to bring iTunes and digital content to your living room. I’m not too excited about this. For the money - go buy an XBOX 360. It does the same and much, much more. (Especially once you buy Vista).

If you aren’t buying the hype quite yet, check out the iPhone video I found via Megite Video.