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Yes, and that's just it.

If a software product takes off, that can happen incredibly quickly, and the new product is primarily composed of code. If a hardware product takes off, the change can't be nearly as fast as it's bound by manufacturing, and the code is just one component in each thing.

I happen to be working on firmware for a VOIP phone today - we'll end up making N million of these things, over some number of years. If I were working on an Android app with similar functionality, that app could conceivably go to N million people tomorrow, or 10N, or 100N...

Anyway, I don't think I have a particularly clear or concise (or even correct) argument here, but it's the only way I've been able to rationalise what we've observed.




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