D&M holdings, owner of Rio, the first portable MP3 music player, has closed its operations. Rio sold to the early adopters in the MP3 player market, now dominated by the iPod.
My wife bought me a Creative Nomad MP3 player in 2000, I think before the iPods came on the scene. In Chasm Group terminology, this would have been the "visionary" period. For this category, I wish I was in the "early majority". My kids are. They're asking for iPods. For my youngest, he's not sure what it is, but if his friends want one, he does too. Sounds like Chasm "Tornado" thinking?
iPod wasn't the first. But they have best user experience, marketing, and "whole product solution" with the iTunes store.
Any take-aways for your business?