Product Life Cycle of a Tape Recorder

Earliest Tape Recorder

May 1, 1886

Non-magnetic, non-electric tape recorder invented by Alexander Graham Bell

Introduction

Period: May 1, 1886 to Aug 16, 1963

First Consumer Tape Recorder Released

Jan 1, 1946

First Consumer Tape Recorder Released

Compact Cassette

Aug 16, 1963

Magnetic audio recorder leads to mass produduction and widespread popularity

Growth

Period: Aug 16, 1963 to Jan 1, 1985

Walkman is mass produced

Jan 1, 1979

Compact Cassette Dominant Form of Recorded Media

Jan 1, 1985

Maturity

Period: Jan 1, 1985 to May 14, 1990

Compact Cassette Sales Begin Sharp Decline

Jan 1, 1990

Decline

Period: Jan 1, 1995 to Jan 1, 2000

Sources

Jan 1, 2000

http://en.wikipedia.org/wiki/Tape_recorder

First iPods Released

Oct 23, 2001

The first line of ipods was released, making compact cassettes obsolete