Price Of Electronics

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Price of Electronics As we all know the price of electronics in general tends to go down in price over time and has done so for many years. This is always true in the long term but in the short term the price for some electronics can fluctuate quite a bit according to The New York Times article by Damon Darlin titled, The Farecast for electronics. In this article the author talks about predicting prices and how prices fluctuate but always go down for consumer electronics. He also talks about a new site called, “Decide.com” and how it may help consumer decide whether or not to purchase certain electronics. The site gives a green thumbs-up to buy the particular product before the price rises, a red thumbs-down because the price will drop or a red hand to signify that a new model of that product is about to be introduced. The main point of the article though is to inform people that pricing of electronic products will always go down at some point either in the form of price reduction on the product or a lower priced new model of the same type of product. The topic of this article has been around for quite some time and can be explained economically. It takes many different types of resources to make electronics; this may include different metals, silica’s, polymers, resins and plastics. As time progress though, the electronics change according to Moore's law in that the number of components in integrated circuits doubled every year. This means that chip components in electronics continually get more powerful yet shrink on size at the same time. The smaller the component the less resources it takes to produce it, in turn lowering the price. Another reason for the price of electronics going

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