Word: chipping
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Dates: during 1990-1999
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Giampaolo also exhibited the strength of his leg on his previous field goal. Although on paper it appeared to be merely a chip shot from 22 yards, a Tiger player managed to get a hand on the kick...
Frankly, if you wanted an IBM-compatible computer, you had to buy an Intel chip, period. And without real competitors in the CPU market, chip prices (and thus computer prices) never drifted down...
What's more, Cyrix's new MediaGX chips began to integrate most of the motherboard components and the CPPU on a single chip. System integrators such as Compaq have responded by designing systems around these chips that require much less engineering and electronic assembly, slashing prices to levels unheard-of a year...
...than the good ol' monopoly pricing we've seen in the PC's lifetime. And experts predict that prices could plummet again soon, perhaps to the $500 point in a matter of years. Whatever you think of Microsoft and Intel's hegemony over the old market, wish the new chip-makers luck; cheaper computers are in everyone's interest...
...critical business question: Will consumers be willing to pay the regular downloading fees--45 [cents] to $1--for the convenience of cash on a chip? Merchants pay nothing, unlike with credit cards, where they fork over 2% to 6% of the transaction as a handling fee. In fact, a cashless society may be more beneficial to banks and merchants. Handling cash is time consuming, prone to error and poses security risks...