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by dkrich 5415 days ago
How about iTunes? The App store? The iPad? I can go build some shit product and ship it first, but without a reliable customer base, there is no market. So yes, I think it is fair to say Apple has created new markets. Prior to 2007 the Motorola Razr was the most popular phone on the market. Enough said.
1 comments

There was an existing market for MP3 players, smart phones and tablet PC's. Apple didn't create them. It expanded them and introduced the products to the masses.
"It expanded them and introduced the products to the masses."

And how is this not creating new markets? I think you are confusing markets with ideas. IBM wasn't the first to come up with the idea of the computer, but it certainly created new markets for it. Absent actually producing the product that is sold in the market, an idea (or a poorly implemented version of it) isn't much good.

Semantics. I would classify them as new market segments.