Apple's iPod has been called "one of the greatest consumer electronics hits of all time." More than 120 million iPods have been sold,and the iPod captures more than 70 percent 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)maturity
B)decline
C)product development
D)adoption
E)introduction

Question

Quizplus · Accepted Answer

The iPod has been on the market for over a decade and has already achieved a high level of market saturation, with a dominant market share of over 70 percent. This suggests that it is likely in the maturity stage of the product life cycle, where sales growth slows down and competition intensifies. Additionally, the mention of competitors in the statement further supports this assessment.

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