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worker201:
http://tech.fortune.cnn.com/2010/06/25/77-of-iphone-4-sales-were-upgrades/?section=magazines_fortune

77% of iPhone 4G sales were upgrades by previous iPhone owners.  Doesn't seem like a very stable market.

Lead Head:
Yikes, that is quite a  large percentage. It could (and probably is) working for them though, like constant repeat customers for a restaurant. Solid business that you don't really  have to worry about going away.

piratePenguin:
related: http://tech.fortune.cnn.com/2010/06/24/what-the-iphone-means-to-apple/

worker201:
It seems pretty obvious where their business is headed.  I think devices like the iPad are the future of consumer computing - not just because they're cheap and useful devices that can be greatly extended with web services, but also because the platform and the development environment can be controlled.  And a controlled environment is usually a safer and more reliable environment.  The lack of freedom that Linux users will bristle against will hardly be noticed, because the devices are so goddamn cool.

piratePenguin:
related: http://battellemedia.com/archives/2010/06/steve_jobs_at_d_a_master.php

Btw, you're utterly correct. Devices LIKE the iPad, the iPhone are the future of consumer computing. Nothing else to say.

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