Register

I agree with the Privacy Policy

Los Angeles Times

Consumers now key to high tech's sales

October 19, 2008

As a result, technology that once took a decade or more to penetrate the mass market now takes far less time, said Kurt Scherf, principal analyst of Parks Associates in Dallas.

The growth of wireless networking equipment was driven by consumers, who adopted the technology for its convenience even as companies that worried about the expense and security issues were slower to use it, Scherf said.

"It used to be that technology trickled down from the corporation to the consumer," he said. "That's really turned on its head. Consumers are now driving the purchases and the innovation."

From the article, "Consumers now key to high tech's sales" by Michelle Quinn and Alex Pham

Previously In The News

Sling TV beefs up its basic lineup and adds a movie tier

A new study by Parks Associates lends support to Bhise's statement about the potential demand. In U.S. homes with broadband, Parks reported, nearly half of the video viewed on the television was fr...

Apple Watch goes beyond being a wrist-sized smartphone

The Apple Watch enters a tiny market for now, though Apple’s marketing and advertising muscle could change that. Just 4% of U.S. households with high-speed Internet say they are likely to purchase...

Wearable devices are unlikely to be big sellers, analysts say

Still, amid signs of a slowdown in smartphone sales and pressure to come up with the next big thing, tech companies are jumping on the wearable tech trend. Many analysts expect Apple, Google and Sa...

Medical giant Medtronic to buy rival Covidien for $42.9 billion

Because both companies already are giants in the medical-devices market, the merger should allow for more robust research and development and more comprehensive health-monitoring capabilities, said...

‹
1
2
3
4
5
6
7
8
9
10
›