A good example of this wise type of management: Apple let music platforms mature before learning from them to create their own offering to then easily market to their hundreads of millions of users - with the advantage of customers who 1) are generally willing to pay a higher, and 2) Apple gives the App Store fees to themselves.
Their watch, and next the car - will be the next arguably iconic products.
will be the next arguably iconic products - yeah I mean if apple released a rock someone would argue about how iconic it was