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Two Tales of Plummeting Prices - NYTimes.com


Stashed in: Mobile!, Economics!, Android, Monetization, Retail

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Interesting assessment of falling prices for different non-Apple mobile devices

A basic law of economics is that any good that does not represent a luxury brand will eventually be commoditized and its margins squeezed thin.

Amazon and Google used this law on the tablet market and smartphone market respectively.

I don't think Nokia, Blackberry, or Microsoft realized what hit them.

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