With brisk sales of iPod, soon to hit
three hundred million worldwide, making it the best-selling digital audio
player series in history, and equally impressive
sales of iPhone, Apple is riding high. This kind of cute `must-have' electronic gadgets
used to be Sony's game - the Japanese inventor of Walkman and Minidisc was
synonymous with electronic gadgets that were cute, portable, and of high quality. While one
man, former CEO of Sony, Akio Morita, carried the company he co-founded to
world prominence in electronics, now, another man, the CEO and co-Founder of Apple, Steve
Jobs, had come from a different direction to challenge the king of electronics.
Though a direct comparison of late Morita with Steve Jobs may not be proper,
an examination of how Apple reemerged from the brink of extinction with the
second-coming of its former CEO, to dominate the music player industry once dominated
by Sony could have enormous significance from a strategy perspective. |