Newspaper Analysis - revised

Newspaper Analysis - revised - Kenny OBrien ECON 011 Prof...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Kenny O’Brien November 19, 2009 ECON 011 – Prof. Merchant Is Palm’s Comeback Losing Stream? In 2002 Palm invented the first “smartphones” with its Treo line. Since then they have lost ground in the market for these Web-surfing pocket-computer phones. With advances in technology and innovation, the thriving smartphone market has been taken over by companies like Apple, Research in Motion, Samsung, Google, Microsoft and Nokia. Jon Rubinstein, Palm chief and once head of Apple's iPod unit, believes Palm does not need to be as big as its rivals to thrive. He envisions Palm recovering in the long run. This topic boils down to the organization of the industry and its market structure. The four types of market structures are monopolies, oligopolies, monopolistic competitions, and perfect competitions. Each of these categories has its own respective characteristics; however, it is difficult to place some markets in a definitive category. In 2002 Palm became the first and only company to produce and sell smartphones. During this time the smartphone industry could
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This document was uploaded on 10/26/2011 for the course UW 20 at GWU.

Page1 / 2

Newspaper Analysis - revised - Kenny OBrien ECON 011 Prof...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online