Question

What lessons can be learned from Apple's Final Cut X launch in 2011?

The launch of Apple's Final Cut X in 2011 provides several lessons. Firstly, understanding your customer's needs is crucial. Apple failed to prioritize the right product features, leading to negative reviews. Secondly, drastic changes to a product should be handled with care. The shift from Final Cut 7 to Final Cut X was significant, and many users found it difficult to adapt. Lastly, feedback is essential. The negative reviews could have been mitigated if Apple had sought user feedback during the development process.

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In 2009, Apple's video editing software Final Cut 7 had a 50% market share. But when Apple launched its Final Cut X in 2011, the new version clocked in over 955 negative reviews and instantly became the lowest-rated Apple application. So what did Apple do so wrong? They didn't prioritize the right product features.

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Preview of Product Management Toolkit (Part 2)
Presentation
21 Slides
3 Formats

Preview (21 slides)

Title Slide preview
Product Vision Board Slide preview
Total Addressable Market (TAM) Slide preview
TAM Calculation Slide preview
Product Feature Prioritization Matrix Slide preview
Product Idea Evaluation  Slide preview
Product Perceptual Map Slide preview
Price Sensitivity Meter Slide preview
Price Sensitivity Calculation Slide preview
Cost-Benefit Analysis Slide preview
Bill of Materials Slide preview
MoSCoW Prioritization Slide preview
MoSCoW Prioritization Slide preview
MoSCoW Prioritization Slide preview
Kano Diagram Slide preview
Competitive Audit Slide preview
BCG Growth Matrix Slide preview
Product Release Planning Agenda Slide preview
Communication Plan Slide preview
Cohort Analysis Slide preview
KPI Dashboard Slide preview

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