Bottomline:
The innovations in iPhone 3G S are downright absurd, and will help expand Apple's marketshare further in the growing smartphone market segment. iPhone has been a category killer with innovative features and iPhone apps store, and now with a starting price of only $99 for the base iPhone, Apple will penetrate the market even deeper and faster. Finally, there is an iPhone for every budget. The question is whether Apple can keep up the margins with such competitive pricing. If the economy rebounds in late 2009, Apple iPhone will have a huge last quarter - traditionally the best quarter in Apple's financial performance. iPhone 3G and iPhone 3G S will stall the new Palm Pre and Nokia's N97. Can it also stall Blackberry? The only thing missing from today's announcement was the absence of Steve Jobs.
Update: June, 2010
Keep applications open in the background. Organize your apps with folders. Shop for books in the iBookstore. The 8GB iPhone 3GS takes advantage of all the great features of iOS 4. And it starts at an amazing new price — just $99.*
Selected references:Apple's Innovation Strategy
Leading eBook on Creativity and Innovation in Business
Creativity and Innovation Best Practices
Creativity and Innovation Case Studies
The Innovation Index
Top 50 innovative companies in the world