Word: priced
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Dates: during 2000-2009
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...Acer CEO J.T. Wang chalks up the results to his company's willingness to adapt to unpleasant market realities. While competitors are trying to protect their profit margins by keeping prices of PCs stable, Acer, recognizing that consumers have less to spend nowadays, has been pushing low-cost computers including netbooks, shrunken portable PCs costing just a few hundred dollars. Wang says that computers priced under $500 are taking a larger share of overall sales; according to IDC, the average selling price of an Acer machine in the first quarter dropped to $611 from $855 a year earlier. "People...
...thin notebooks that can run for more than eight hours without recharging yet cost as little as $699. Wang claims these full-featured machines are unique in the market, and that it will take six to nine months for his competition to catch up. "It's not just low price," Wang says. "There is innovation in the product as well." Acer is entering the cell-phone business, and Wang makes no excuses for churning out low-margin netbooks, considered inferior devices by computerati because of their cramped keyboards and limited performance. "Our competitors consider these junk - the more you sell...
...scooter," says Zhang Dengming, 50, a construction supervisor in Shanghai. "But after a while, I realized that e-bikes are actually much safer than motorcycles, and better for the environment. Although e-bikes are generally slower than gas scooters, I find them fast enough for my daily commutes. Their price, which is typically just over 2,000 renminbi ($290) is also more acceptable, so I don't feel as bad when they get stolen...
...Liar!" whenever they encounter the President's backers. When he faced Rezai, a former Revolutionary Guard commander, in the final debate on Monday, Ahmadinejad appeared less confident. Rezai challenged the President on the economic numbers, saying, "People, after all, live in this country. They experience inflation. They know the price of things...
Calderón is particularly concerned about the nation's image because of the bottom line. In 2008, foreign tourists spent $13.3 billion in Mexico, the third biggest source of foreign income after remittances and oil exports. This year all three of these moneymakers are being clobbered. While the price of petroleum nose-dived with the crisis, the recession north of the border pushed Mexican remittances down 18.6% in April compared with the same time last year. To add to these woes, Mexico's manufacturing sector has been battered by a drop in spending in the U.S. In total...