Perfectly competitive situation

[Name of the Institute]

Perfectly competitive situation

Introduction

This assignment highlights a perfectly competitive situation of smart phones industry. The aim and objective of this paper is to analyze the market share of blackberry and explain the reasons due to which the company has been losing its market share in the recent years. This paper will also highlight the economic performance of the company in terms of its revenues and costs.

Competitive situation of smart phone industry

BlackBerry, Android, Windows Phone and I phone are the major brands of smart phone which dominated the smart phone industry all over the world. However, the smart ...