In Response to Andrew Mueller's: Pricing

Andrew makes a good case about companies and businesses that price their new products way too high, such as Sony did when it released its new Playstation 3 console. As a consumer and a college student I think it is redicolous how high they price their items and then a year later cut it the price in half. As a businessman in their situation they were allowed to sell that item for that high because people were willing to pay that much for the newest and latest technology. As year one rolls along the demand for it goes down therefore causing such the decline in price. Having a reasonable price is the essentials for most products out there other than technology where you normally see the incredibly high prices and then sudden decrease.

Paper Free Country Coming??

In a recent Wall Street Journal newspaper I came across an ad titled more magazines try iPad. In the article it explained how Bloomsberg Businessweek will start selling subscriptions to the iPad for $2.99 a month. Along with Businessweek already Elle and Maxim already have magazine subscription for the iPad. As we continue to grow with new technology in this world everyday, it begins to wonder that we may never have newspapers and magzines anything with paper. Our society is becoming so reliant on technology and the web that many people do not buy books anymore to read, it is all done through the web and new technology. Do you think our world will become paperless? When will that be?