Elevation Partners: Pre will kill iPhone 2G

A recent BloomBerg.com mash-up of quotes from various industry sources talking about the Pre contained the following gem – it is reposted here without any further comment:

“Think about it — If you bought the first iPhone, you bought it because you wanted the coolest product on the market,” said McNamee, 52. “Your two-year contract has just expired. Look around. Tell me what they’re going to buy.”

P.S. While I am pretty sure that the Pre will be cool, I am worried that many customers won’t move off Apple’s products due to their huge investment in iTunes content (which can not be played back on the Pre)…

Related posts:

1. Elevation Partners increases Yelp investment
2. Elevation Partners on Palm
3. Elevation Partners pours 100mio $ more down the drain
4. Elevation Partners: we still support Palm
5. AT&T to non-3G customers: f*** off!