Apple's iPod has been called "one of the greatest consumer electronics hits of all time." iPods have been sold in huge numbers, and Apple captures a large share of the music player market. This success has attracted many large, resourceful competitors. The iPod is in the ________ stage of the product life cycle.
A) introduction
B) product development
C) maturity
D) decline
E) adoption

Question

Quizplus · Accepted Answer

The iPod has been in the market for several years and has captured a significant share of the music player market. As such, it is in the maturity stage of the product life cycle. While newer versions of the iPod continue to be developed, the overall market for music players has matured, and the iPod no longer experiences the rapid growth that is typical of the introduction and product development stages.

Apple's IPod Has Been Called "One of the Greatest Consumer