Word: productions
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Dates: during 1980-1989
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...Commerce Department reported particularly good news. Its so-called flash estimate of the gross national product indicated that growth would reach an annual rate of 3.1% for the second quarter of 1985. While that remains well below 1984's gain of 6.8%, it is far more robust than the annual increase of 0.3% compiled in the first three months of this year. A major reason for the improvement: consumer spending, which rose 1% in April and another...
...sales have zoomed. An estimated 600,000 players will be sold this year, compared with 240,000 in 1984 and just 35,000 in 1983. Says Alan Perper, marketing director for the Warner Brothers, Elektra and Atlantic record labels: "The drop in prices has made it a mass-market product faster than anyone expected." Industry analysts expect prices for simple players to dip as low as $150 by Christmas and $100 next year...
...year. Sales of home computers, the hot item two years ago, have fallen sharply. Conventional turntables have also been moving at a stagnant rate. Manufacturers of audio gear hope that the popularity of CD players will create a resurgence of demand for amplifiers and speakers. Says Tadahiko Nakaoki, a product planner for Japan's Pioneer brand: "Everybody in this business must be relieved deep down in their hearts...
...strong dollar and capital spending cutbacks have been painful to IBM. Some of the company's latest product introductions also seem to have been timed poorly. In February IBM unveiled its Sierra line, a family of mainframe computers to be delivered this fall. The announcement sharply curtailed sales of existing systems as prospective buyers waited for the new machines. IBM expected only a mild slowdown in such business...
Coke's change has indisputably put new zest into the $28 billion U.S. soft- drink business. Declares a Coke executive: "All of a sudden, a product that might have been taken for granted is alive." Concurs Dyson: "It generates electricity. We are having fun, trying to draw attention to make it all bubbling and effervescent. Let's face it, it is hype. It is the nature of the product." Even tiny Royal Crown has been drawn into the battle. "Does it leave you feeling flat?" an RC ad asks of new Coke. "Pick yourself up, there is a cola...