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This article talks about Apple and their latest success as they report 57.6 billion USD in revenue selling 26 million iPads, 4.8 million Macs, 54 million iPhones and 6 million iPods

This article deals with the oligopolies of cable TV and that Apple would be the company to open them up.

This article describes the sales of the new Iphone 5s and 5c over the first weekend. They had a great number of sales, however the demand for the Iphone 5c is not what they expected. It is said that the price is still too high for their target market. Apple was hoping to expand their market into Asia by producing a cheaper version of the IPhone in order to increase their market share, however it is likely that they will fail to do so, because the demand will remain low as the product is still not affordable for many Asians. Relating to our question of the week, the price helps allocate a product in the free market because it determines who the target market is, and if the pricing is off, it will effect the efficiency of the sales.

This article describes the sales of the new Iphone 5s and 5c over the first weekend. They had a great number of sales, however the demand for the Iphone 5c is not what they expected. It is said that the price is still too high for their target market. Apple was hoping to expand their market into Asia by producing a cheaper version of the IPhone in order to increase their market share, however it is likely that they will fail to do so, because the demand will remain low as the product is still not affordable for many Asians. Relating to our question of the week, the price helps allocate a product in the free market because it determines who the target market is, and if the pricing is off, it will effect the efficiency of the sales.

This article discusses how apple may become a monopoly.

This article talks about how the iPhone 5C is doing. It seems that it isn;t doing to well, however this might not be the case. It talks about how apple could lower the price of the phone to make more people want it, however, they don't seem to need to take those steps. (This refers to price elasticity).

This article shows how when the prices of luxury goods decrease, the demand increases. Usually, Apple's products are quite expensive, but by decreasing the price, it attracts more consumers which shows that their product is price elastic. When there is a change in price, this causes a significant change in demand as shown in this article.

This article talks about price discrimination. In Australia, the government things that the prices are higher than anywhere else in the world ( prices charged by foreign companies). In my opinion, this is because these major companies had the ability to discriminate, due to income, which is found to be higher and the geographical destination. It is a third degree discrimination. All the required conditions for discrimination were available. The companies have ability to set prices, as they are in an oligopoly competition. The consumers in other parts in the world are not likely to by the product and sell it to Australians. And price elasticity in Australis is found to be higher due to the higher income they have, 

This article shows that there clearly is a demand for a phone which will not be dated after only about one or two years. If this project will be realized and the phone goes into series then it will be a serious competitor to the iphone, and the demand curve for iphones will move to the left because now there is an alternative product which is cheaper.

This article is about the biography of Steve Jobs. It is talking about how Jobs used agglomeration externalities, "individuals and firms obtain productivity boosts by clustering together". By the use of the location, Jobs managed build up the company, but he is not alone building this company. He has his personal and professional associates that result in a boost in productivity. They use agglomeration.