Price trends of personal computers Essay

Charles Babbage invented the counterbalance electronic computer in the 19th century. Since then various models give evolved and advancing engineering has created machines that can compass superhuman tasks within seconds leaving no room for error. These processing machines harbor revolutionized t come tabu ensemble aspects of human lives starting from simple typewrite and calculations to enabling complex business transactions and connecting one thousand thousands of individuals to colossal volumes of data and information procurable at their fingertips.An individual can nowadays access unlimited information by dint of the Internet, communicate online through emails and chats, draw on business meetings sitting in their homes with delegates determined at the an another(prenominal)(prenominal) end of the testicle through video conferencing and reach out to millions of potential consumers for their products and services with the help of e-commerce applications. The comput er has come a long means in the past hardly a(prenominal) age and the change magnitude utility and broadened scope has increase the foodstuff petition for this gadget in the global grocery store.Market Demand for in the flesh(predicate) Computers The grocery store take a authority for face-to-face computers has witnessed long increase in the past few grades. Initi whollyy computers were purchased by only a handful of individuals and organizations limited to government and cock-a-hoop corporations. This was more often than not accountable to the huge be involved in acquiring a computer added to the s mistreat constraint that it present due to its big surface. The computers would occupy a single room with excessively more than wires and power requirements that required heavy attention and c atomic number 18ful handling.However, with advancing technical schoolnology the sizing of computers began to get humbleer and smaller and the manufacturing of smaller proc essing chips do this possible. The smaller size of computers made it possible for the consumers to purchase for their businesses and in conclusion for their homes. Today the economy is greatly operate by the computers and their all-pervading applications that have transformed the fashion business strategies are designed and implemented. The e-commerce and online cultivation and learning applications have created a huge market demand for computers in all spheres of life.This gadget has made it possible for individuals to carry on working from the comforts of their homes without having to deepen to their offices on a regular basis. Schools, colleges, other educational and training institutions, along with shops and establishments, malls, small or big business enterprises cannot do without computers. Most business establishments have computerized their operations and departmental processes to catch up with time and reap the extraordinary benefits of faster and surgical processi ng of work.The rapid advancement in the telecommunication sector too has made a big impact on the gross gross gross sales of computers. The availability of high-speed wideband connectivity along with cheaper rates has boosted the market for these machines both in developed and developing countries. The sales of computers have gone up in the past few decades owing to these factors. homophile beings by nature are feature with the desire to have the latest engineering science and this holds much credence with the high tech savvy younger generations who are the primitive user groups and consumers of these gadgets.The more advanced the engineering science the greater the appeal it holds for this group of consumers. The first individualised computer MITS Altair 8080 was launched in the stratum 1975 and only a few g-force machines were sold within a occlusive of 1 course of the launch. The market for personal computers has now reached to more than 4. 4 million units of person al computers sold in the form 2007 (source just4business. com). The market handle for macintosh piecemeal declined from 3. 2 percent in the year 1999 to 1. 98 percent in the year 2004 and the IBM personal computers gaining stronghold over the market. character Ars technica Price mode of computers Pricing of a product is an important determinant in establishing the market share and personal computers too have witnessed a steady overstep in the value segment largely to attract greater market share. The set trend in the computer perseverance is to a great extent influenced by the rapid pace of advancing technology that renders the existing one rare in matter of a few years. The users are left with no other election but to upgrade their existing machines or invest in untested modify versions equipped with latest features and enhancements.This trend is unequaled to the computer industry and can be evidenced in the regular pace of new models and versions that have in fluxed t he market within the past one-decade. The massive supercomputers have given way to smaller desktops that rapidly paved the way for portable laptops and notebooks. another(prenominal) essential factor that has influenced the pricing trend of computers is the globality in applications of computers today. The wide crop of tasks and areas in which the computers have found universal acceptance has created a huge demand for these machines.The growing demand and increase applications and so play a significant graphic symbol in determining the hurt of computers. initially the price of supercomputers ranged approximately between US$ 5 million to US$ 25 million. With advancing technology and increased drill the price of computers started dropping heavily. The price of personal computers has been witnessing a downward curve in the past few years in spite of growing demand. A survey carried out by the German Association for teaching Management, Telecommunications, and New Media the num ber of computers sold in the year 2007 reached 4. illion units.The prices have dropped owing to the increasing demand and sum of various models in the market. Owing to the huge market demand for personal computers legion(predicate) providers have entered the market manufacturing on a large overcome resulting in increased supply of machines. moreover, the computer industry being very high-voltage in character accounts for new models featuring deepen technology and improved capabilities being introduced at a rapid pace. This renders the old models obsolete requiring regular upgradation and feature enhancements.The extraordinary pace at which technology is producing new versions and chips having increased processing capacities the market are unendingly flooded with new models and new technology. If the supplier wants to reap benefits from the market he ineluctably to keep the models within accessible price range to lure the customers into buying his product. high school price ranges will shift the consumers to other models having similar features or even bettor the assembled personal computer that can be very cost effective for the consumers. alike many a(prenominal) alternatives and choices available in the market have spoiled the consumers to a great extent. The Gartner report on computer sales states that the ongoing replacement cycle has define the increasing sales of personal computers. It is observed that the last strong phase for the sales of personal computers was in the year 1999 and the new-fangled years have witnessed increasing sales of laptops and notebooks as replacement to their desktop computers.More and more suppliers have in fluxed the market with new models and features in laptops and notebooks and the prices of these categories of computers have dropped by nearly 25 percent since 2006. This system is aimed at attracting more consumers to buy their brands and the manufacturers to a fault realize that since the consumer has severa l alternatives available to him price can be an important finality making factor in influencing purchase.The raw material law of demand and supply influences the article of belief of price economics. There are many theories attached to pricing strategies adopted by businesses globally but the fundamental convention lays the same for all products or services. many a(prenominal) factors affect the quantity and type of goods producers supply and the quantity and types of goods consumers buy, and all these variables are coordinated into one unit price.In a free market, prices are found on the interaction of supply and demand, which themselves are based on individual judgements and values, not on executive caprice. Prices are not internal (Saraka, 2008). Conclusion The 21st century has witnessed many changes in the computer industry with new enhanced operating systems making their way into the market and better-equipped hardware attracting the consumer attention. The market share for both personal computers and laptops increased steady with exploding demand from all corners of the globe.