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For instance, when they measured the prices of computers, they saw that $1,000 bought a certain amount of computing power in 1998 and twice as much as 1999.
In nominal terms, IT spending plunged by 13%, because prices of computers and the like fell sharply.
Thanks to Moore's Law, prices of computers have tumbled and performances have soared over the years, spurring unprecendented innovation in products and services.
The company mainly blamed the fall of the euro, which has effectively raised prices of computers in Europe by 18percentt so far this year.
Such a computer would be worth a pittance under a forward-looking valuation because the prices of computers have sharply dropped.
"How nice it would be if they also lowered the prices of things they sell to us, lowered the prices of computers, medicine, cars and the interest rates on the foreign debt," he said.
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The semiconductor stock index, known as the SOX, is down 11.2percentthis yearand and spot prices of computer chips are forecasting further declines.
WASHINGTON, Dec. 21 (Reuters) — An executive with Samsung Electronics will plead guilty, serve 10 months in prison and pay a $250,000 fine for conspiring to fix prices of computer memory chips, the Justice Department said on Thursday.
The book is in fact available free in some electronic formats, and this handily illustrates its argument, which is not that everything should be free, but that more things now can be, thanks to the new business models being opened up by the tumbling prices of computer power, storage and networking.It sounds like a big idea.
Although the share prices of computer security companies like VeriSign Inc. and Check Point Software Technologies are down sharply from their 52-week highs, several analysts say these companies are key providers of Internet infrastructure, with strong prospects for growth in revenue and earnings.
This means we'll see prices of computer ink increase across the board.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com