O'Reilly logo

The Mobile Commerce Revolution: Business Success in a Wireless World by Tom Webster, Tim Hayden

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

5. Challenging the Status Quo

Mobility is challenging the way commerce and business are conducted, and this is just the beginning. On August 15, 2013, the U.S. stock markets tumbled with drops in the Dow Industrial Average by 1.5%, the Standard & Poor’s 500 by 1.4%, and the NASDAQ composite by 1.7%. Most media outlets and analysts issued the blame and pointed to poor earnings results and reduced performance forecasts issued on that day from two major big-box retailers, one of which is seen by many as a bellwether for the economy. Despite the release of several economic indicators that showed that jobs were being created and U.S. home sales were picking up, the markets continued to close each day at a loss for most of the remaining month. In ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required