Word: high-end
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What we didn't see was the rumored $800 Apple laptop; Apple kept its price points high, with the high-end MacBook Pro starting at $1,999, and the consumer-friendly MacBook starting at $1,299. That could be a risk in these consumer-cautious times, but the rate of Mac sales has exceeded the growth rate of PC sales for the past four years, despite Apple's higher prices. And by commanding (and getting) that higher price, its revenue has soared. According to Tim Cook, Apple's chief operating officer, "one out of every three dollars spent in retail...
...better position than many to ride out the storm, argues Kroeber of Dragonomics. "Commodity price are falling, reducing the price of manufacturing. And in any case, China makes the things you buy in Wal-mart and people will keep shopping there. It's countries that produce more high-end goods that will be worse affected...
...global financial crisis begins to take its toll on the real economy, Germany's export machine has hit a wall. German exports fell 2.5% in August, the sharpest fall since 2003, as consumers and companies around the world cancel orders for everything from high-end industrial equipment to chemicals...
Presciently, the high-end Japanese bathroom-fixtures manufacturer Toto chose a time when the economy is circling the drain to launch its newest product - a $5,000 commode with a super-efficient flush. The Neorest 550 seems at first a senseless money tank, but at a swellegant downtown New York City launch party last week, the press and interested parties were almost persuaded that this fixture is more than a very dear john - if used right, it's good for the environment and it could even save you money. How? Consider the following...
...decade's most popular TV shows, The Golden Girls and Dynasty. In the '90s, however, Casadei--along with others in the industry--took a different tack. She began re-creating dresses worn by celebrities at awards shows and selling them at marked-down prices, starting a furor in the high-end fashion world over copyright law. Still, her work continued to gain a following for its affordability and style...