> Once IBM gains control of a market sector, they almost always stop innovation. They prevent innovation from happening.
It's funny because Apple is now in that same situation. Apple isn't exactly known for innovation anymore (as much as they would like to lead you to believe in their keynotes).
>(as much as they would like to lead you to believe in their keynotes)
This is not unique to Apple. When a business has market dominance through regulation, lockin or high entry cost, they usually spin it as being simply because they provide the absolute latest and best service.
It's especially easy to see among internet providers that provide stoneage speeds, as they will brag about their amazing cutting edge internet service.
One may say "no shit sherlock" to that, but there is a lot of potential advertisement that wouldn't be equally deceptive in that context. They could advertise themselves as "tried and true" or "the enduring provider you can rely on".
> They could advertise themselves as "tried and true" or "the enduring provider you can rely on".
The problem with that is that consumers nowadays are far more focused on "cutting edge" and "latest and greatest". Not much is made to last anymore (especially in the consumer electronics industry) and most people seem fine with that. I know buying a smartphone isn't the same as buying services from an ISP, but I think the same principle applies. Faster speeds are more important to consumers than "tried and true" services and so if ISPs want to maximize the effectiveness of advertisement, that's what they'll do.
In the worst case scenario, "tried and true" and "the enduring provider you can rely on" would turn consumers away from your service because they would make your ISP seem old and boring (again, not something that's bad per se, but bad going by the preferences of the average consumer).
Innovation doesn't mean what you seem to think it means.
"The term innovation can be defined as something original and, as a consequence, new, that "breaks into" the market or society."
Making technologies acessible and useful to people, where previously they were the domain of specialists and geeks, is pretty much definitive of Apple's entire business model and core competency from 1997 to the present day.
It's funny because Apple is now in that same situation. Apple isn't exactly known for innovation anymore (as much as they would like to lead you to believe in their keynotes).