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H1 Economics Webquest By Kimberly Tan, Winnie Teng, Toh Hsin Fen Mendi Ang, Tan Chong Wei, Charles Eng.

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Presentation on theme: "H1 Economics Webquest By Kimberly Tan, Winnie Teng, Toh Hsin Fen Mendi Ang, Tan Chong Wei, Charles Eng."— Presentation transcript:

1 H1 Economics Webquest By Kimberly Tan, Winnie Teng, Toh Hsin Fen Mendi Ang, Tan Chong Wei, Charles Eng

2  First launched on January 27, 2010 by Steve Jobs, CEO of the Apple Company  First arrived in US stores on April 3, 2010

3 Steve Jobs Apple designed, developed and marketed this line of tablet computers primarily as a platform for audio-visual media including books, periodicals, movies, music, games, and web content.

4 The following factors are considered:  Total cost of the product (Cost of production)  The price that competitors charge  The consumer’s ability to pay  The amount of business generated by the customer  The quantity demanded and quantity supplied

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6 Manufactured and designed by the Apple Company Run on the same operating system (iPhone iOS) Run on the same operating system (iPhone iOS) Are multifunctional Controlled by multitouch display Use a virtual onscreen keyboard Apps sold in the Apple App Store or approved by Apple can be installed within

7  iPad 2 is released on March 11, 2011 in the USA; and will be released on March 25 2011 for the rest of the World  Apple’s share of the global tablet market is estimated to drop to 67%, due to the expanding Android Market  With the expanding market of tablet PCs, there may be an increase in the cost of raw materials and hence, the cost of an iPad due to limited resources

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9 Galaxy Tab 4GArchos 7 Home Tablet Toshiba Folio 100 T-Mobile LG G-Slate 4G Dell Streak 7 inch and 10 inch

10 ASUS Eee-Pad Transformer Toshiba Android 3.0 Tablet Motorola Xoom Smartbook AG Surfer 360 Tablet Acer Android Tablet Blackberry Playbook

11 VS  http://www.buzzle.com/articles/galaxy-tab-vs-ipad.html http://www.buzzle.com/articles/galaxy-tab-vs-ipad.html Samsung Galaxy Tab Apple iPad

12  Price of substitutes  Price of complements  Cost of production  Change in firm’s objectives Consumers’ Point of View Producers’ Point of View

13  The price of Android Tablet PCs such as the Samsung Galaxy Tab affects the marketing of the iPad.  If the price of an iPad is higher than that of the Samsung Galaxy Tab, consumers will choose to buy the Galaxy Tab instead.  This results in the fall in the quantity demanded of the iPad.

14  The price of complements also affects the consumers’ decision and hence, the pricing the marketing of the iPad.  Singtel’s data plan for the iPad costs $34.50 per month while that of the Galaxy Tab costs $39.00 per month.  However, if the price of the Galaxy Tab’s data plan decreases, consumers will choose to purchase the Galaxy Tab instead of the iPad.

15  The applications in the “app store” is also another factor that will affect consumers’ decision. Apple App Store Well-equipped with 250,000 apps and 70% apps are supplied purely through PAYMENT. Apple App Store Well-equipped with 250,000 apps and 70% apps are supplied purely through PAYMENT. Google’s Android Market Android’s apps, 64% of the 95,000 are supplied at free of cost. Google’s Android Market Android’s apps, 64% of the 95,000 are supplied at free of cost.  Consumers may be driven to make a decision to either have a device with more applications or the availability of free applications.

16  The iPad’s cost of production is $290.  As the market of tablet PCs is expanding, the cost of raw materials may increase due to limited resources.  If there is a change in the cost of production, the producer will increase the price of the iPad, or decrease the supply of the iPad.

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18  iPad 2 is released on March 11, 2011 in the USA; and will be released on March 25 2011 for the rest of the World.  This will mean that the firm will be more focused on promoting and selling the iPad 2.  Consumers will also choose buy the iPad 2 over the iPad because it is the latest device.  These will affect the marketing and pricing of the iPad.

19 (Project A) http://en.wikipedia.org/wiki/IPad http://en.wikipedia.org/wiki/IOS_%28Apple%29 http://en.wikipedia.org/wiki/App_Store http://wiki.answers.com/Q/When_did_the_first_iPad_come_out (Project B) http://www.bloomberg.com/news/2011-01-31/android-tablets-gain-on-ipad-in-fourth- quarter-researcher-says.html http://www.mwd.com/2010/08/apple%E2%80%99s-app-store-vs-android-app-store/ http://hubpages.com/hub/Android-Tablets-2011 http://gear.ign.com/articles/106/1068348p1.html http://www.bbc.co.uk/newsbeat/11863568 http://info.singtel.com/personal/communication/internet/broadband-on-the-go/broadband- on-mobile/ipad http://www.thegalaxytab.com/2010/10/29/singtel-singapore-to-bring-samsung-galaxy-tab- on-13th-november/ http://www.dnforum.com/f72/ipad-2-release-date-march-11-2011-usa-thread-449085.html

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