The list of maligned objects is long. When was the last time you used an MP3 player or held a calculator? What about a physical map? Or a BlackBerry? Do BlackBerrys even exist anymore?
There might, however, be no better example than the camera, which has suffered mightily since the iPhone was introduced almost 10 years ago. The chart below, plucked from Photographylife.com, uses data from the Camera & Imaging Products Association to show what has happened to camera sales since 1965.
For a while, it was one big camera party. Sales grew modestly but steadily until the late 1990s. Then digital cameras were introduced, and demand soared. Thereafter, the industry grew quickly (notice the extended spike that follows the red line in the chart below). That is, until 2007, when Apple launched the first-generation iPhone.
That, of course, coincided with the recession, which certainly didn't help. But the real impact began to take effect after the first dip, a few years later. What happened next is pretty self-explanatory.
The biggest hit has been to point-and-shoot cameras. Sales of the lower-quality, fixed-lens, hand-held devices way too many people used to tie to their wrists have fallen off a cliff since the iPhone's introduction. And
few no one expects them to climb back up.
But the iPhone — or, really, smartphones in general — seems to be proving a bit of a thorn in the side of the higher-end camera market as well.
The number of fancier cameras (the sort that use interchangeable lenses, such as the clunkier digital SLRs you have probably seen around) being purchased each year rose through 2013. Some people, having left their point-and-shoots behind, were probably trading up for better cameras. And those better cameras weren't as expensive as they had been in the past — a slew of more reasonably priced digital SLRs have hit the market over the past 15 years.
But the number of interchangeable lenses sold over the past couple of years hasn't been quite as impressive (as shown in the chart below).
It's possible that the dip isn't structural — that it's more of a momentary softening of the market than a sign of long-term replacement. Some, after all, argue vehemently that the two aren't actually all that interchangeable.
"Taking photos with smartphones and editing them with apps is like cooking with cheap ingredients and a lot of artificial flavoring," Takafumi Hongo, a Canon spokesman, told the Wall Street Journal in 2013. "Using interchangeable cameras is like slow food cooked with natural, genuine ingredients."