Mature Industry
Categories: Econ
Well, certainly not the edutainment biz we work in.
A mature industry is one that is fully penetrated...in a G-Rated way. Think: the phone biz in America. Pretty much everyone who wants a phone now has one. Yes, they'll upgrade to fancier flavors of phone over time. But the market itself is mature. The hardware handset phone industry today is, eh, about $80 billion in sales each year. Next year it might be $82 billion, or $88 billion, or somewhere in that zone...but it won't grow more than 5 or 10 percent. A huge hit product might make it grow a bit more than that, and a soft economy might make it shrink.
"Mature" = not growing fast. Kinda like our ranges of humor in the jokes we make that teenage boys think are so funny.
Related or Semi-related Video
Finance: What is maturity?1 Views
Finance allah shmoop What is maturity and oh yes the
irony asking someone It shmoop to read about maturity but
we'll do our best here So maturity what is it
Well it's just the date when a debt becomes do
You buy a thousand dollar bond with a maturity date
of may thirty one twenty twenty five Also what happens
on may thirty one twenty twenty five Well that's the
date you'll get your grand back and you'll have the
interest for that period as well So if you had
a six percent bond on that last payment may thirty
one twenty twenty five trivia question how much would you
get back Yes ah thousand dollar principle You'd get returned
but you'd also get what What yes the final payment
of thirty bucks right cause bonds pay interest twice a
year six percent sixty dollars a year You get that
thirty bucks back and that'd be the end of it
We love the semester system here it's from up We're
hoping we can age beyond the seventh grade level that
we seemed to live at here pretty soon for said