Word: demands
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Dates: during 2000-2009
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...game Enigmo. Formerly a desktop game developed by Pangea Software of Austin, Texas, it was ported over to the iPhone in May around the time the iTunes App Store launched. Pangea started out selling it for $9.99. "The iPhone App Store has been a textbook example of supply and demand because at first there was a huge demand for the new apps, but there was a very small supply of them - only a few dozen games," founder Brian Greenstone told me. "So we could charge $9.99 easily for them...
Before long, there were thousands of games on the market, and demand hit a natural high. Pangea dropped the price to $0.99, an enormous discount that initially pained Greenstone - until sales took off. "The incredible sales volume has more than made up for the drop in price," he said. "I initially thought we might sell 20,000 copies of Enigmo over its lifetime on the iPhone, but we've already done almost 500,000 just in five months." That's $1.8 million in sales, according to Greenstone. Cro-Mag Rally, another Top 10 title from Pangea, has sold nearly...
...fair, the circumstances are unusual ones," said GM's Chairman Rick Wagoner. "It's been a terrible for the industry. These are pretty bad numbers," he said, adding that the company is stretching its cost-cutting targets in response to collapsing consumer demand. "We hope our case is compelling. We believe it is," Wagoner said...
...good idea, to take $25 billion and give it to the three major car companies, which I think have a business plan that's doomed to fail," Senator Lindsey Graham, a South Carolina Republican, told Fox News Sunday, adding that Republican members are not wild about the Democrats' demand that the Big Three present their plans to Congress. "The idea that you would take three failed car companies, bring [a plan] to 535 members of Congress and let us pass judgment on it doesn't make a lot of sense to me. I don't know...
...Susan knows the global challenges we face demand global institutions that work. She shares my belief that the U.N. is an indispensable and imperfect forum." - Barack Obama, on Rice's appointment, Washington Post...