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Apple has hit a nerve with the iPhone. Not only several billion dollars in additional market cap happened within hours of the announcement as the stock leapt in value, but the meme trackers (Techmeme, Megite, Tailrank) exploded with blog conversations about this device as did the mainstream press. I haven’t seen this level of conversation on these trackers ever before which is both interesting and potentially troubling to Apple…but maybe worth the publicity?
The conversation has shifted….dramatically….and the device has only been in the hands of laughingly few people! The concern is over the closed nature of the device itself (only Apple will approve which apps are loaded on the iPhone), the demands to take down a faux iPhone user interface skin for Windows Mobile and Palm, the iPhone trademark issue (Cisco allegedly has one) and whether it’s actually worth $500.
All of this just makes me chuckle. Even if Apple used all of its cash on hand (more than $9B as of 9/30/06) they couldn’t buy this kind of publicity! Long masters of event marketing, Steve Jobs has often been held up as a model for how to launch products (BusinessWeek, April 2006).
In my view, ONE sentence in that BusinessWeek article above is what EVERYONE is missing: “Steve Jobs does not sell bits of metal; he sells an experience.” THAT is the whole point to everything discussed above: the closed nature to the iPhone; the demands to take down the interface; the trademark issue. It’s all about the experience.

Steve’s Social Stuff