iPhone opening new market opportunities

One of the things most people assume is that the iPhone is a luxury device and while that was true initially based on both the cost of the hardware and the data plan you are required to add, things appear to be evolving. According to a recent Comscore study:

“These data indicate that lower-income mobile subscribers are increasingly turning to their mobile devices to access the Internet, e-mail and their music collections,” said comScore’s Mark Donovan. “Smartphones, and the iPhone in particular, are appealing to a new demographic and satisfying demand for a single device for communication and entertainment, even as consumers weather the economy by cutting back on gadgets.” Comscore via Moconews.net

While in markets like India and China people tend to have fewer options for connectivity and digital entertainment, in this case people are proactively cutting back to cut costs as the mobile / portable experience is quite good. Apple continues to show that the user experience is THE key factor over just features and specs. A great deal can be achieved within their toolbox that suits a very mass audience. I hope others are paying attention …