Five years ago today, a little device was released that completely revolutionized not just the mobile industry, but the broadband industry as well. Via Zach Epstein of Boy Genius Reports:
The advent of the iPhone era has forced changes in a stagnant smartphone industry that would never have gotten to this point without a serious push. Smartphones are now slim and sleek instead of huge and bulky. Touchscreens are now commonplace, drastically improving the overall user experience across all mobile platforms. Apps are now a booming economy, and are neatly organized in on-device portals instead of being available mainly through poorly-managed websites that made finding the software one needs a daunting task.
Epstein goes on to note that at the time the iPhone was announced, RIM — makers of the Blackberry, then the top dog in the smartphone market — scoffed at the device. Unfortunately for RIM, just yesterday the company announced its first net quarterly loss in eight years. Pretty amazing how fast fortunes change in the technology world.