11. Ar·go·naut (är gə-nôt )
n.
1. Greek Mythology One who sailed with Jason on the
Argo in search of the Golden Fleece.
2. also argonaut A person who is engaged in a
dangerous but rewarding quest; an adventurer.
27. “We (our industries) are protected by high entry barriers.”
Wireless industry believed they are protected by high entry barriers:
1. OS so:ware assets (Symbian, Blackberry OS)
2. An exisEng working ecosystem with carriers in a licensed, telco regulated
environment which is hard to enter
3. OEM built relaEonship with operator customers over decade
4. Scale advantage of the incumber players: world-class logisEcs and high volume
manufacturing (Nokia is “13Hz company” – 13 devices/s)
5. Global sales channels that took resources and Eme to create
6. Consumer brand advantage due to product volumes
7. Large R&D investments to drive differenEaEong cu]ng edge technology (Nokia
alone spent $40B in 20 yrs)