Why Apple TV is a threat to Xbox's position in the living room

[Windows Central]

When asked about his initial reaction to the iPhone, former Microsoft CEO, Steve Ballmer, laughed. He mocked its lack of a keyboard, the $500 price tag, and he boasted about the millions of phones Microsoft was selling.
The incumbent was confident. Overconfident. Oh, how the mighty have fallen.

Individuals and multibillion-dollar firms can learn from past mistakes. Experience is a brutal teacher. Yet if the chastisement of past failures is endured there is sometimes a chance at a do-over. One must simply recognize the opportunity.

Full story from the WindowsCentral blog...