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Shift of preferences - Teens spend more on devices than apparels.

Added over 2 years ago | As appeared first on asymco.com | Author: Horace Dediu
If software can be injected into an industry's product it will bend to the will of the software writers. This theory expands on Marc Andreessen's observation that "software is eating the world". The evidence is that software, coupled with microprocessors, sensors, batteries and networking becomes applicable to an increasingly larger set of problems to be solved[]. Software has "eaten" large portions of entertainment (e.g. Pixar, iTunes, video games), telecommunications (iPhone, Android, Messa...
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