Competitive Designs

Apple is changing the iPhone. That’s the message being received by many. Consumers can’t get the old model now at Apple’s internet store.

Less than a year ago Apple brought out the iPhone. Many were skeptical, but the iPhone has changed the smart-phone landscape. Their iPhone 2.0 is supposed to be targeted at businesses, as Apple tries to edge in on the Blackberry’s market. Blackberry’s “Bold” is their new entry, and the head-to-head fight for corporate business comes at a time when profits are a little tight.

Apple is a marketing powerhouse. They get lines around the block every time they bring out a new product. They do this with innovative design and a consumer marketing chic that other’s can only envy. Blackberry’s product is targeted at corporate email users. They seem to know how to sell to businesses.

It will be interesting to watch these two battle it out. This is a time when competition seems to benefit us all.

Douglas R. Tengdin, CFA
Chief Investment Officer
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By | 2014-09-03T18:48:35+00:00 May 15th, 2008|Global Market Update|0 Comments

About the Author:

Mr. Tengdin is the Chief Investment Officer at Charter Trust Company and author of “The Global Market Update”. The audio version of each post can be heard on radio stations throughout New England every weekday. Mr. Tengdin graduated from Dartmouth College, Magna Cum Laude. He received his Master of Arts from Trinity Divinity School, Magna Cum Laude and received his Chartered Financial Analyst (CFA) designation in 1992. Mr. Tengdin has been managing investment portfolios for over 30 years, working for Bank of Boston, State Street Global Advisors, Citibank – Tunisia, and Banknorth Group. Throughout his career, Mr. Tengdin has emphasized helping clients manage their financial risks in difficult environments where they can profit from investing in diverse assets in diverse settings. - Leave a comment if you have any questions—I read them all! - And Follow me on Twitter @GlobalMarketUpd

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