7 Disruptive Innovations that Turned Markets Upside Down


Bangalore: Some innovations make a grand entry into the market but they are unable to gain much popularity. But there are few who bombard the market with its presence. These items are best in their category and don’t have much competition in the market. Being monopolist they are able to generate lot of revenue too. Here is the list of 7 disruptive innovations that turned their markets upside down.

Apple

Apple iPad when launched in the market had a great response from the customers. It is a line of tablet computers which acted as the platform for audio-visual media like books, periodicals, movies, music, games, apps and web content. It runs which the same operating system that is used by the iPod and iPhone.  But it only uses the programs that are approved by Apple and that are distributed by Apple App Stores. It is controlled by multitouch display that uses stylus as well as onscreen keyboard. In 2011, it was able to grab 73 percent tablet computing market share in the United States and during the fourth quarter it sold out 15.4 million iPads. Instead of being expensive it has still the leading tablet pack therefore it is a niche product for the tablet industry.