Bloomberg in 2007 after the release of the iPhone: "Apple will sell a couple of devices to its fans, but definitely will not make a revolution in the market"

Many of Habr's users have often come across criticism of their start-ups and ideas, and they probably know how hard it is sometimes to return to faith in themselves and continue to move on. This fascinating article from Bloomberg shows once again that most analysts and critics often look only in the past, not in the future.

The figure shows a graph of the stock price of Apple since the publication of the article, and under the cut are a couple of quotes from the article itself.

“IPhone is nothing more than an expensive toy designed for a pair of freak gadgets. In other words, the revolution in the iPhone industry will last. ”

“The iPhone will not affect the core structure of the industry and will not solve many of the challenges and problems of the mobile technology industry,” Charles Golvin, analyst at Forrester Research Inc.

“The mobile phone industry is very dependent on interaction with large operators. Phones are often sold immediately with contracts (the operator finances sales in order to recoup money at expensive rates in the future). Until now, Apple has not shown itself to work with networks from the good side. If anyone could do it, it would be Microsoft Corp. ”
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“Even if you look from any other side - it is a shame and a shame. The mobile phone industry has become an extremely convenient alliance for network operators and a handful of small manufacturers. There must be a radically fresh look to merge into this business.

This could produce some extremely new startup. How about an inexhaustible phone battery? Well, or at least that he weighed not 3 times heavier than the phone itself? That would be a breakthrough.

And Apple didn't do that. She, of course, will sell a couple of devices to her fans, but she’s definitely not happy with the revolution. ”

The article itself can be found here .