Apple Launched the IPad in 2010, and Unit Sales Reached

question 15

Multiple Choice

Apple launched the iPad in 2010, and unit sales reached an astonishing 40 percent market share in the tablet industry by 2013, leading both Samsung's Galaxy (18 percent) and Amazon's Kindle (4 percent) . Global tablet unit sales are expected to more than double by 2016 as consumers continue to switch from desktops and laptop PCs. Currently, Apple's iPad SBU appears to be a __________.

• A)question mark
• B)star
• C)hedgehog
• D)cash cow
• E)dog

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Definitions:

Reasonable Expenses

These are costs deemed necessary and appropriate under certain circumstances, often considered when evaluating expense claims or budgets.

Lien

A claim that one has against the property of another.

Warranty of Title

A legal guarantee provided by a seller to a buyer that the seller has the right to sell the property in question and that it is not encumbered by any undisclosed liens or claims.

Repossess

The act of taking back possession of property, typically by a seller or lender from a buyer due to lack of payment.