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The Economist on Apple, the iPhone, and Innovation

portscan writes "This week's Economist has a special report on Apple, Inc. and innovation. 'The fourth lesson from Apple is to "fail wisely". The Macintosh was born from the wreckage of the Lisa, an earlier product that flopped; the iPhone is a response to the failure of Apple's original music phone, produced in conjunction with Motorola. Both times, Apple learned from its mistakes and tried again. Its recent computers have been based on technology developed at NeXT, a company Mr Jobs set up in the 1980s that appeared to have failed and was then acquired by Apple. The wider lesson is not to stigmatize failure but to tolerate it and learn from it: Europe's inability to create a rival to Silicon Valley owes much to its tougher bankruptcy laws.' There is also an article on the business of the iPhone and the future of the company. "

2 of 171 comments (clear)

  1. Mac wasn't born from the Lisa blunder by Anonymous Coward · · Score: 4, Informative

    The Macintosh was born from the wreckage of the Lisa, an earlier product that flopped

    Not quite, they were developed at the same time. The Lisa project began in 1978 and released in 1983. The Macintosh, 1979, released 1984.
  2. Not sure why they brought the ROKR into this by raitchison · · Score: 5, Informative

    The Motorla ROKR was designed to fail with the arbitrary 100 song capacity limit.

    The last thing apple wanted was a successful ROKR that might have cannibalized sales from the iPOD and the Apple branded music phone that everybody knew would come out eventually.

    If the ROKR were an Apple product, you could make a case that Apple "failed", in this case Apple succeeded, they held off the market until they could debut their own device that makes them money.