Computer and electronic retail - An industry much bigger than you think

The recent times have seen rapidly changing technology. With science and technology developing on a daily basis, computer and electronic retail industry has grown exponentially too. Today, entrepreneurs in this particular industry have to be on top of the game in order to remain up to date with all the new innovations in the computer and electronic market. Gone are the days when same technology used to be carried on for generations. Recent times demand high responsiveness and anyone failing to adapt to the ever changing environment suffers heavily in the form of slack in sales revenue. Computer and electronic retail industry today is vast and spreads over all seven continents. There are hardly any parts of the world today where computer and electronics are not considered to be important. Besides Computer and electronic industry Industrial technology also plays a vital role for the economic growth, DANAHER stock is also one of the well known player of such industry.

As aforementioned, computer and electronic retail industry is a rapidly changing industry and therefore there have obviously been recent developments in this industry. Speaking of recent developments, we see that today, entrepreneurs have direct affiliations with the producers like IBM, Dell, Compaq, Bosch etc. They help in channelling consumer views directly to the producer instead of acting merely as an intermediary to deliver goods to the consumers from the companies. Companies today have set up customer care services and helpline to facilitate consumers in case of any malfunctioning of their equipment. Speaking of computers specifically, we see that recent developments include touch and type laptops, along with motion sensor and high level security enabled systems. Similarly in the electronic industry too, manufacturers now lay special emphasis on compact and malfunctioning devices at minimal cost as opposed to conventional machines. Telemarketing has gained high importance in this particular industry over the course of time too.  

Speaking of the major players in the computer and electronic retail industry, we see that a few names have been consistently prominent over the course of time. Samsung, Apple, Foxconn, HP, and IBM have been leaders in computers and information technology. Comparing these toppers in terms of revenue, we see that Samsung, on an average accumulated revenue of US$ 148,944. HP who managed to gather revenue of about US$ 127,245 followed this. Apple sold products worth US$ 108,249 as compared to IBM whose revenue was calculated to be roughly around US$ 106,916. All these companies, as mentioned before have managed to establish strong ties with consumers all over the world. They have consumer satisfaction as their top priority, which also explains as to why these companies have been on top of the food chain. If we analyse these firms on basis of performance on the stock exchange, we will notice that these companies have been performing consistently throughout their scale of operations. This in turn has led to high levels of investor trust as many people are willing to put their finances at stake with minimal risk involved when it comes to safety and security of the future of these companies.