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.
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.
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