Business Quote by Sangeet Paul Choudary
““The iPhone’s app store introduced business development on steroids. Nokia, BlackBerry, and traditional carriers sourced their apps contractually, whereas the iPhone created an open platform, allowing anyone to create apps for””
About This Quote
The iPhone’s open app platform transformed business development, enabling anyone to create and distribute apps.
In simple terms: Open platforms democratize innovation.
Key Takeaway
Leverage open ecosystems for growth.
Themes
technology
innovation
platforms
Mood
analytical
optimistic
Type
business
technological
When to use this quote
- startup launch
- software development
- market entry
Key Concepts
economics
entrepreneurship
Questions to Reflect On
- How can you benefit from open ecosystems?
- What risks do open platforms pose?
A Different Perspective
Open platforms can increase competition.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)