Why Edison lost the record business

Wednesday 30 April 2003

Michael Tsai draws a parallel between Apple’s online music biz and Edison’s attempt to sell records.

I think getting the big players on board is a necessary first step to getting the concept accepted. It reminds me of Don Norman’s story about how Edison’s phonograph lost.

The Edison story is good, and shows how the old genius made the same business mistakes as plenty of other geeks: he put too much faith in technical superiority.

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