iPhone

In the six months leading up to the sale of Apple's original iPhone, the price of the company's stock increased close to fifty percent.

Questions:

Knowing that Apple began to advertise the release of the first iPhone during the summer of 2007, would you agree that there was a cause and effect relationship between that action and how the market responded (voted) on Apple stock in the following months?
Using what you learned with research on Apple, what can you conclude about how the market 'voted' when given the choice of similar products from Apple, RIM, Palm?
How do consumers like you benefit from the competition between companies like Apple, RIM, Palm? Since everything has a cost, what can the 'downside' of this competition be?

Tools:

Small business owners in Fredericksburg, Virginia are starting to recover from the economic downturn. Antonio Neves returns to check their progress.

Reporter Stacey Delikat digs deep to discover what one Vermont farm is doing to lower its energy bills. [CC]

Trade between the United States and China is causing friction as the balance of trade tilts more and more in China's favor.

In Mountain View, Idaho, high school students are learning and teaching financial literacy by operating a credit union for students.

Why does the price of gasoline vary from gas station to gas station? It is all about supply, demand, and competition.