A year after controlling only 15% of the market shares the new Android smartphone from Google is now taking 53% market share. This is quite an amazing feat.  Going from 15% to more then half of the entire market share is incredible.  Android was able to do this in two ways.  First of all it has a great product that consumers know and trust and the selective timing it decided to release its product.  Just days after Apple released the IPhone 4s millions of frustrated customers, who were expecting the release of the iPhone 5, opted to go for the Android that promised an excellent and sophisticated product.  A perfect example of give customers what they want.  This move caused apple to drop from 26% to 15%. This situation worked well for Android that gained millions of new customers for Apple’s mistake; an ingenious move on Android’s behalf.  So there are to ways to gain market shares either fight to get more my competition and producing a better product, or steal customers from another company that fails to impress customers. Either the way the market can be yours.

Quite recently a Chinese energy mogul, Sinopec, bought an Albertan natural gas energy company, Daylight Energy, for 2.2 billion dollars. The company’s plan would be to ship over the resources like natural gas and oil to Asia. As Narissa said this would be the first export of energy resources to Asia from Canada. Quite frankly the government should stop this kind of sly move.  Alberta is Canada’s largest resource for such energy sources; if we let foreign countries come in and buy up all our resources so they can be shipped over to other countries what will Canada be left with?  Nothing. In this time and age businesses based around resources need to think long term, although a large payout today is enticing waiting for resource prices to increase due to demand can give the same kind of benefits without selling our countries ever so valuable resources. If this export were actually to go forward I would hope the Government would intervene and stop it to save OUR resources.

News report on the purchase

As mentioned in Akash’s blog (Akash’s blog) the Japanese car manufacturer, Nissan, is making the move to Brazil to implement new manufacturing plants there.  This move can be very beneficial for Nissan, as the world is almost done recovering from the Economic problems started in 2008 it now faces troubles due to the European economy being in the bunker.  As Nissan’s greatest markets are outside of Europe is has not been as affected by the Europe crisis compared to other companies.  As this is the case Nissan has seen the great opportunities in Brazil, part of BRIC, this move could put Nissan to a whole new level of manufacturing. As said by the Globe and Mail Nissan is projected to be the third largest car manufacturer by 2015, a staggering leap from its current position.  Overall this move to Brazil will benefit Nissan in many different ways, they are making the classic move of moving in while it is cheap to do so, and in doing so they will see the benefits for many years to come.

Wurken Stiff. This innovative company has produced a revolutionary product that has taken the market by storm.  The CEO, Jonathan Boos, saw that there was a huge untapped market for men who are frustrated with plastic collar keepers.  With this being the case he developed the idea for metal collar keepers with magnets, this would ensure that the shirt collar would stay straight and close to the actual shirt (via the magnet.) Since Wurkin stiff collar keeper started it is now in thousands off major multi national stores in North American like Nordstrom, Macy’s and The Bay.  Quite  feat for an company under 5 years old.  So this company features all the traits of entrepreneurship it had large wealth creation, speed of wealth creation, innovation and risk.