A prominent success story of the Share Economy is Apple's iPhone App Store. It has enabled droves of developers to share their work with iPhone users while getting rewarded for it. But why did it take a newcomer like Apple to implement this simple but powerful business model? A recent Reuters story nails it:
"As much as iPhone and App Store is a success for Apple, it's a humiliating defeat for the rest of the mobile industry," said Bengt Nordstrom, chief executive of telecoms consultant Northstream."Twenty years of efforts from operators and vendors to create mobile applications that customers like is overtaken in a heartbeat by someone that has never done it before," Nordstrom said.
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