As the world's largest retailer (and company), Wal-Mart commands a significant amount of respect. In fact, I think the company is the most important retailer to any company in any industry, let alone Apple and the tech industry.
But Friday's announcement that the iPhone will be coming to Wal-Mart store shelves on Sunday has changed the face of the cell phone industry. In effect, it means that Apple, one of the most important hardware companies in the space, will see its popular mobile phone be made available to millions of more customers. It also means that Research In Motion and every other company in the market that's trying desperately to compete with Apple simply won't be able to do it.
That the iPhone's availability at Wal-Mart will lead to Apple's domination in the mobile phone market probably sounds a bit radical, doesn't it? I can understand that. But when you consider Wal-Mart's size and importance, along with its decision to ignore devices from every Apple competitor, I think it's abundantly clear that the opportunities for success for RIM, Google, and the rest are severely diminished.… Read more