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By changing the denominator in each case, compute the percentage change in the i

ID: 1180428 • Letter: B

Question


By changing the denominator in each case, compute the percentage change in the iPhone

In the News: iPhone Price Cut a Blow to Palm, Motorola Apple's hefty iPhone price cut puts it in direct competition with handsets from Motorola and Palm,which are struggling to convince Wall street they can turn around their aging brands. With the music-playing iPhone now selling at $399 instead of $599,its price tag is much closer to other smartphones in the U.S. market, including Palm's Treo and Motorola's Raxr2...

Palm said in June it expected the touch-screen iPhone to temporarily slow Treo demand, and Oppenheimer analyst Lawrence Harris said Apple's price cut could exacerbate this. "It has the potential to take away from Treo sales," Harris said.

Explanation / Answer

33.4