Sony, a firm once synonymous with portable music, has ceded its market dominances to Apple because: Ot attempted to straddle the twin markets of online music retail and electronic music players, and could not capitalize on either, its technology offerings were too futuristic and out of sync with the waves of computing to appeal to customers. it failed to take advantage of opportunities presented by Moore's Law. it did not provide tracks from Sony Music artists to the Apple iTunes store. its music players contradicted the price/performance phenomenon predicted by Moore's Law.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Sony, a firm once synonymous with portable music, has ceded its market dominance
to Apple because
it attempted to straddle the twin markets of online music retail and electronic
music players, and could not capitalize on either,
its technology offerings were too futuristic and out of sync with the waves of
computing to appeal to customers.
it failed to take advantage of opportunities presented by Moore's Law.
it did not provide tracks from Sony Music artists to the Apple iTunes store.
its music players contradicted the price/performance phenomenon predicted by
Moore's Law.
Transcribed Image Text:Sony, a firm once synonymous with portable music, has ceded its market dominance to Apple because it attempted to straddle the twin markets of online music retail and electronic music players, and could not capitalize on either, its technology offerings were too futuristic and out of sync with the waves of computing to appeal to customers. it failed to take advantage of opportunities presented by Moore's Law. it did not provide tracks from Sony Music artists to the Apple iTunes store. its music players contradicted the price/performance phenomenon predicted by Moore's Law.
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