Roger McNamee, founding partner of the investment firm Elevation Partners, the same firm that decided to pay $100 million to lift its stake in Palm from 25% to 39% made some serious prediction in an interview with Bloomberg.
McNamee calls no less than the death of the iPhone on June 29, 2009. Wow, this guy has huge balls to say something like that on television…
June 29, 2009, is the two-year anniversary of the first shipment of the iPhone. Not one of those people will still be using an iPhone a month later. Think about it — if you bought the first iPhone, you bought it because you wanted the coolest product on the market. Your two-year contract has just expired. Look around. Tell me what they’re going to buy.
Question is, will you switch to Sprint for the Palm Pre when it comes out?