Americans love our electronics. The smartphone has turned into an appendage for most that carries our favorite music, photos, email, contacts, and serves as a virtual vault of our lives, personal and professional.
The computer market has evolved in much the same way as the cellphone industry, upgrading to meet consumers’ needs, and desires, for expanded options.
Microsoft, Apple, Dell, Samsung and other industry giants are household names. Desktop computers have transitioned into more portable options such as laptops, notebooks and now tablets, including Apple’s iPad and Microsoft’s new “Surface.” These innovations occurred because of consumer demand, and they continue based on the same driver.
These companies, through their research, their marketing, their sales and successes, and some failures, demonstrate the successes of free markets.
The tablet computers that now slip into the side of your briefcase or into your purse didn’t come about because of a government stimulus package or a federal subsidy.