Voodoo Envy Hewlett-Packard Is the Number One Seller of Personal Computers Worldwide

question 120

Multiple Choice

Voodoo Envy
Hewlett-Packard is the number one seller of personal computers worldwide.  The company has been increasingly more creative in their computer designs following the trend set by Apple Inc. Hewlett-Packard has created a ultra thin laptop called the Voodoo Envy.  The laptop is less than a half inch thick and weights less than 3 1/2 pounds.  It is priced at $2000.  HP created the laptop to compete against Apple's MacBook Air and a model created by the Lenovo Group Ltd.  Both these models were priced at around $3000.   The MacBook Air does not have removable batteries or a built-in socket for plugging into Ethernet networks.   HP's Voodoo envy does have removable batteries and offers an Ethernet port that is part of its power adapter.   The Voodoo can also be booted up in less than five seconds made possible by software developed by HP.
-Refer to Voodoo Envy.Even though HP offers other laptop computers,the Voodoo Envy is HP's first entry into the ultrathin computer market.It is not really an update of an existing laptop.Instead,it was originally designed as an ultrathin laptop.As such it is an example of a _____.

• A) new-to-the-world product
• B) new product line
• C) addition to existing product lines
• D) repositioned product
• E) improvement or revision of existing products

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Definitions:

Cash Dividends

Payments made by a company to its shareholders, usually in the form of cash, out of its profits or reserves.

Stated Rate

The annual interest rate declared on a financial instrument, such as a bond, without accounting for compounding within a year.

Nonparticipating

A term often used in insurance to describe a policy that does not grant the holder the rights to share in the insurer's surplus or dividends.

Paid-In Capital

the amount of money that a company receives from issuing stock to investors, reflecting the capital invested by shareholders.