According to Evan (@StockMKTNewz), the initial reactions of then Microsoft CEO Steve Ballmer to the 2007 launch of Apple’s iPhone highlighted significant skepticism about the iPhone’s market potential. Ballmer’s dismissive stance, as recapped in this throwback, underscored the tech industry’s initial resistance to disruptive innovation. For traders, this historic reference is relevant as it exemplifies how transformative technology can catalyze new markets, including blockchain and crypto sectors, by reshaping user expectations and creating new digital economies (Source: Evan/@StockMKTNewz on X, June 3, 2025).