Apple's iPod has been called 'one of the greatest consumer electronics hits of all time'.Since it was first marketed in 2001,more than 120 million iPods have been sold,and the iPod captures more than 70 per cent 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 on the market for over 20 years, and with over 120 million units sold, it has certainly reached maturity. It has also faced competition from other companies, indicating that it is no longer in the introduction or product development stages. However, its market share is still dominant, indicating that it has not yet entered the decline stage.

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