Price and Performance Trends for Computer Hardware. Although not all improvements in these components are reflected in these capacity measures, it is interesting to examine trends in these measurable characteristics. You will examine typical prices for microprocessors, random-access memory RAMand hard disk storage prices. As you work through the assignment, you will capture and store the three screenshots of the charts and type the paper in the same document.
Computer system Price and Importance Business Essay 1. In today's life the computer system has become one of the important products that will be used by all the persons. The computer systems are became one of the important products that will play a major role in all business areas and personal life.
In early days the price of personal computer is very high. There are different types of companies are there which will produce different types of computer systems in different technologies. There are different types of companies that will produce computer systems like apple, Sony, hp The main factors that will affect the profitability of the company is price of product, demand and supply of the product.
There are different internal and external factors that will influence the price, demand and supply of the computer system. In next pages in the assignment we will go through different factors that will influence the price of computer systems in the open market environment.
These papers will explain what are the factors that will influence the demand, supply and price of a computer systems in the open market.
According to law of demand the demand for any product or service will increases if the price of the product or service decreases and the demand for that product or service will decreases if the price of that product or service increases under the assumption that all the other things are same.
The following diagram will explains the demand curve for a computer when price of the computer changes by assuming that all the other factors which will affect the demand for the computer is same without change.
The change in demand for any product or service will be influenced by not only the price of that productthere may be other factors that will affect the demand for that product or service. The following graph explains the change in demand curve by the factors other than price of a computer.
When demand increases, the demand curve will shift towards rightward and quantity demanded at each price is greater. Substitute products are those which can be used in the place of other products. For every product there will be some other substitute products.
If a consumer wants to go for red bull energy drink, if red bull is not there he will go for any other energy drinks which are available in the markets.
All the energy drinks are substitute products for each other. If the price of one energy drink increases, then the demand for other energy drinks may change because the consumer can go for other energy drinks. When the price of any product rises, other things remaining the same, its relative price and opportunity cost will rises.
If the price of any product rises the user normally will go for the substitutes and demand for the substitutes will rise. Sony company laptops can be used in place of hp company laptops. These two are substitute products for each other.
If the price Sony laptop has increased then the can go for the hp company laptops. When the price of any product raises, other things remaining the same, the price rises are relative to income.
If the income of any user remains the same and the price of the product rises then the user can not afford to buy the product they previously bought. Then the user can decrease the quantity demanded of some goods.
When the price of any goods increases and the income of the consumer remain same the willingness and ability to pay for the product will decreases.
The rule of demand for the goods or services will increase more of most goods. The rule of increase of demand for the goods or services along with income will not apply for all the goods. For normal goods the demand for the goods will increases when the income of the consumer increases.
There are some inferior goods which will effect Example: Factors affecting the demand for personal computer other than price: Price of related goods: For every products there will be some complementary products are those which are typically consumed together.
The demand for the computer will be influenced by the complementary products of the computer.
We can say that when two goods are complements there will be inverse relationship between the price for one product and demand of other product. Diff Expectations of consumers: The consumer expectations will plays a role in change in demand for a product or service.
The consumer expectations about future can also affect how much he is willing and able to buy. The user may decide to wait to buy the laptop until the new one comes out. When user decides to wait, there may be decrease in the demand for the current laptop because of user expects to happen in the future.Computer Industry Analysis "Laptop prices hit new low" Summary: The article "Laptop prices hit new lows" by Gary McWilliams focuses on the computer industry, and how prices have evolved during past 5 years, specifically The article reports that the prices of laptop computers have decrease substantially over the past 5 years.
The market for personal computers has now reached to more than 4. 4 million units of personal computers sold in the year (source: just4business. com). The market share for macintosh gradually declined from 3.
2 percent in the year to 1. 98 percent in the year and the IBM personal computers gaining stronghold over the market. According to CBC News, Dell computer’s second-quarter profit was whacked 23 percent as the personal-computer industry’s slump dragged on this summer.
Revenue in the PC category came down nine percent to $ billion although the shipments of consumer PCs increased 17 percent over last year. Dec 12, · First, there is the price of the personal computer, which can vary significantly even within the area of laptops (Malykhina, 45, 46).
Second, there is the decision of whether a desktop, tower or laptop system is the best choice. 1. Introduction: In today's life the computer system has become one of the important products that will be used by all the persons. The computer systems are became one of the important products that will play a major role in all business areas and personal life.
The UK personal computer market in was worth bn at end-user prices, an increase of % over and its highest level of output since However, it led to a fall of % in sales to bn during the recession in