The iPhone roared into the marketplace 10 years ago today, and overwhelmed the wireless world. The smartphone’s iconic social significance has been duly noted. What has escaped attention is that the device burst into a sector long insulated from the slightest threat of disruptive innovation. The iPhone’s victorious attack followed — and required — a long arc of liberalization in airwaves, itself a stunning regulatory and marketplace triumph.
Here’s why the iPhone was able to succeed.