" ... but people are clearly waking up to the fact that they don't need all this complex shit."

Telephones used to be complex, in that they needed many people to complete calls, then they got bone simple.

But then they got complex in a different way. I don't think you can buy a phone today that just gives you a dial tone and basic DTMF buttons.

Mobile phones are worse (so to speak). But as best can see there are increasing numbers of people using their mobile as their only phone.

There's a market for feature-less devices (check out Reader's Digest for their ads for phones and such; basic behavior and a few Big Button options for the AARP crowd).

But it seems there's a larger market for at least all sorts of complexity.