When Apple first introduced its first iPhone, it combined the phone, music player, and internet communications device. Furthermore, applications have been developed for people to have access to video games, books, movies, and social networks. As a result, the iPhone created an industry that has become a threat to many other industries. What is this phenomenon known as?

a. product differentiation

b. customer myopia

c. backward integration

d. industry convergence

When Apple frst introduced its tirst iphone, it combined the phone, musie player, and internet communications device. Furthermore, applications have been develaped for peopie to heve acolss to video games, books, movies, and social notworks. As a resut, the IPhone created an industry that has become a threat to mary cher industries. What is this phenomenon known as? a. product diferentiation b. customer myopia c. backward integration d. industry eomergence