Nexus 6 Case Study
The Economic Environment and Anatomy of Business
Law of Supply and Demand
Headline: Nexus 6 sold out: Google Play Store will have more in stock every Wednesday
URL: http://www.techtimes.com/articles/19568/20141105/nexus-6-in-stock-every-wednesday-and-within-minutes-google-phablet-completely-sold-out-again.htm
The first economic phenomenon that we are going to look into/at is the Law of supply and demand. In its raw form it states that if the demand for certain product is higher than its availability (supply) then the price for that product goes up and if the vice versa is true then the price goes down.
A recent example of this is the lightning fast selling of Google’s latest flagship smartphone - Nexus 6. Upon its release in the Google Play Online store the first shipment was sold out within minutes. After that, when the second shipment arrived, the same situation repeated. This is a clear indicator that at this moment the demand is way higher than the supply for the Nexus 6. (звучи неестествено да говорим в минало време почти в целият абзац и да кажем нещо, което е важало и за минатото, в сегашно време)
The reasons for such high demand may be attributed to several factors. Firstly, Google’s Nexus 6 came with the new Android operating system version 5.0 (Code name Lollipop), being the only phone on the market that runs it. Secondly, the price of Nexus 6 is relatively lower than its competitor‘s – it is cheaper than Apple’s IPhone 6, 6Plus and Sony’s Xperia Z3, it is at the same price as Samsung’s Galaxy S5 (Luke Johnson, 7 November, 2014) and this gives an extra layer of appeal for buyers. This combined with the high quality of Google’s new phone make the reason behind the extremely high demand more than clear.
- Виждам, че в този абзац сегашното време
Law of Supply and Demand
Headline: Nexus 6 sold out: Google Play Store will have more in stock every Wednesday
URL: http://www.techtimes.com/articles/19568/20141105/nexus-6-in-stock-every-wednesday-and-within-minutes-google-phablet-completely-sold-out-again.htm
The first economic phenomenon that we are going to look into/at is the Law of supply and demand. In its raw form it states that if the demand for certain product is higher than its availability (supply) then the price for that product goes up and if the vice versa is true then the price goes down.
A recent example of this is the lightning fast selling of Google’s latest flagship smartphone - Nexus 6. Upon its release in the Google Play Online store the first shipment was sold out within minutes. After that, when the second shipment arrived, the same situation repeated. This is a clear indicator that at this moment the demand is way higher than the supply for the Nexus 6. (звучи неестествено да говорим в минало време почти в целият абзац и да кажем нещо, което е важало и за минатото, в сегашно време)
The reasons for such high demand may be attributed to several factors. Firstly, Google’s Nexus 6 came with the new Android operating system version 5.0 (Code name Lollipop), being the only phone on the market that runs it. Secondly, the price of Nexus 6 is relatively lower than its competitor‘s – it is cheaper than Apple’s IPhone 6, 6Plus and Sony’s Xperia Z3, it is at the same price as Samsung’s Galaxy S5 (Luke Johnson, 7 November, 2014) and this gives an extra layer of appeal for buyers. This combined with the high quality of Google’s new phone make the reason behind the extremely high demand more than clear.
- Виждам, че в този абзац сегашното време