Presenting a stationary target is enough to doom any consumer electronics product. For example, what would have happened if Apple had stopped evolving the iPhone after version 1? You’d have no app store, no 3G. Today we’d be talking about iPhone as a cute idea that was fated to be crushed by commodity competition from Android.

Just the way we’re talking about Flip.

Mobile Opportunity: The Real Lesson of Cisco’s Billion-Dollar Flip Debacle