Bad Apple Prediction

“There’s no chance that the iPhone is going to get any significant market share. No chance. It’s a $500 subsidized item. They may make a lot of money. But if you actually take a look at the 1.3 billion phones that get sold, I’d prefer to have our software in 60% or 70% or 80% of them, than I would to have 2% or 3%, which is what Apple might get.”
-Steve Balmer, CEO of Microsoft, April 2007
Over 100 million iPhones later and 25% market share, I think it’s pretty obvious Balmer missed the mark. Sometimes people are just wrong. It’s one reason I never like to listen to detractors, it is always hard to actually do things, and yet so easy to tell someone they can’t.

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