Re:87% of American teens own an iPhone; 88% expect an iPhone...
by elif on Wednesday October 12, 2022 @05:39PM
(#33183807)
87% of the children*
I wouldn't call Finding Nemo or it's current equivalent mass market even though I have no doubt 87% of children have seen <<insert cultural movie I probably am missing by a generation or two>>.
Re:87% of American teens own an iPhone; 88% expect an iPhone...
by jacobr1 on Wednesday October 12, 2022 @06:09PM
(#33184264)
Why not? A "mass-market" paperback book means unit sales on the order of 100k/year
What level of market penetration would you expect? I would argue that most popular products still have a target vertical.
Re:87% of American teens own an iPhone; 88% expect an iPhone...
by colinmhayes on Wednesday October 12, 2022 @06:25PM
(#33184473)
You don't think finding nemo is mass market?
Re:87% of American teens own an iPhone; 88% expect an iPhone...
by elif on Wednesday October 12, 2022 @07:45PM
(#33185300)
I would call 'people under 10' to be a targeted market. And it seems Wikipedia agrees:
"The mass market differs from the niche market in that the former focuses on consumers with a wide variety of backgrounds with no identifiable preferences"
Re:87% of American teens own an iPhone; 88% expect an iPhone...
by ghaff on Wednesday October 12, 2022 @08:00PM
(#33185429)
"Machrone's Law" as I recall had a $5K price point. And, yes, it held until probably sometime in the 2000s. Yes, PCs were pretty expensive if you consider the PC you "wanted" was probably close to $10K in today's dollars.
Edit: Back in the '90s, PC Magazine had a saying, "the PC you want costs $3,000". This figure was fairly stable despite the improvement in PCs' performance over the decade.
By this standard, and considering that as well as a PC it's a phone, a camera, an atlas and an encyclopedia, a TV and a music player, the iPhone doesn't seem too much like a luxury.