Quote du jour

Steve Jobs in an interview with USA Today on whether he fears the new iPod Touch will cannibalize iPhone sales:

“If anybody is going to cannibalize us, I want it to be us. I don’t want it to be a competitor.”

This ought to be the ongoing mantra of every local media company in America. It’s a textbook disruptive innovation response. When IBM, for example, got into the PC business, it helped cannibalize its mainframe business, which was already being attacked from without.

(hat tip to PaidContent)

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