by jim muehlhausen | Jul 11, 2024 | Bank of America business model, Business Model Trends, debit card fees, Failure Stories
Bank of America may have committed the #1 business model blunder of 2011for their $5 debit card fee. First, let’s get some background. Spoiled U.S. banks have become so addicted to high-profit fees that they seem to have forgotten the customer. The average bank earns...
by jim muehlhausen | Jul 7, 2024 | Amazon Tablet, Apple, Business Model Innovation, Business Model Trends, HP Table, iPad
Apple has sold 25 million iPads since their April 2010 release. They currently possess 82% of the market and seem to show no signs of letting up with the iPad 3 coming soon. With a price tag ranging from $499 to $829 (depending on the iPad model) the iPad has proved...