Friday, June 04, 2010

Ma Bell -- Kills App World -- Creative Destruction

AT&T (T) finally came to its senses and stopped giving away unlimited data usage. They could see the financial pain coming and stopped the self abuse. As a marketing ploy to acquire initial market share they were brilliant. The financial guys reminded the board that they are a dividend paying stock.

Marketplace commentary, from app world, that complains users will become nervous about usage, are signs of weakness about the various product offerings. If your app has a compelling proposition it will attract users. If you are a junk app eating up broadband you deserve to die.
AT&T just helped to weak app die sooner. Creative destruction rules today.

Disclosure: No position in any stocks mentioned in this post.