Sources: The Verge, Bloomberg
quote: Apple had 1 big hit with the Ipod.
quote: ...the iPod was always the least successful product line Apple had...it was never objectively big for Apple in terms of revenue...
quote: Apple invents a lot
quote: Apple hasn't invented the underlying technology
quote: So they gave an Ipod Toutch a GSM chip and called it a Iphone. Later when sales started to slump a bit they made it bigger and called it an Ipad.
quote: why on earth would this be a big hit?
quote: Because it's from Apple, and millions of insecure 'hipsters' need more self-affirmation.
quote: I can't imagine what sort of person really uses a word like 'hipsters', it's so archaic, why not use the more up to date 'hepcat'
quote: According to Bloomberg, the global watch industry will generate over $60 billion in sales in 2013, where gross margins are about 60 percent.
quote: Watches have basically been obsoleted as time keeping instruments, but have re-surged as jewelry.