The iPod was Apple’s only successful new non-Mac product in fifteen years. At times it accounted for more than 50 percent of Apple’s revenue. It was hugely popular and still growing fast. It defined the company for millions of non-Mac customers. But we decided to eat our own. We had to make the iPhone, even though we knew it could, probably would, kill the iPod. It was an enormous risk. But with any disruption, the competition only wallows in Denial and Anger for so long. Eventually they reach Acceptance, and if they’ve got any life left in them, they’ll start working furiously to catch up to
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