Is this Price Discrimination?

O2 will release the iPhone in Ireland on March 14th. It’s only available to postpay customers on the O2 network. The 8GB model will cost €399 and the 16GB will cost €499.

The iPhone has been on sale in the UK with O2 since 2007. Here’s a comparision of the o2 Ireland versus o2 UK iphone tariffs:

Ireland:
8GB €399 16GB €499
€45 - 175 mins, 100 texts, 1GB data
€65 - 350 mins, 150 texts. 1GB data
€100 - 700 mins, 250 texts, 1GB data

UK:
8GB £269 (~€352) 16GB £329 (~€431)
£35 (~€47) - 600 mins, 500 texts, unlimited data
£45 (~€60) - 1200 mins, 500 text, unlimited data
£75 (~€100) - 3000 mins, 500 texts, unlimited data

Both handsets and the monthly tariffs are cheaper for UK consumers. UK consumers also get more minutes and a bigger data allowance per month.

Is this price discrimination?

Maybe buy an iPhone abroad and unlock it?

Mindmap for Capital

Mindmaps are a useful tool for revision of a topic. Here is a mindmap for revising the Factor of Production Capital. The mindmap is a pdf file. Print a copy for your notes.

Mindmap for Capital

Learn more about mindmaps or create your own.

Business Documents Quiz

Test your knowledge of business documents.

Sign in to your Google Apps account to take the test.

Want to be an Entrepreneur?

Have a listen to some podcasts of two Mayo entrepreneurs who have successfully developed their own business.

Ed Gunning - Primary Solutions 

Brenda Jordan - National Energy Assessors 

The above podcasts are also available from the Mayo County Enterprise Board 

US Trade Deficit

The United States Trade Deficit keeps growing. Here’s the current figure for the US Balance of Trade Deficit.

Q.4 (a) 2000 HL Sample Answer

Here’s a sample answer to Q. 4 (a) 2000 Higher Level on the reasons why the MEC of Capital may fall. There are no marking schemes available on examinations.ie prior to 2001.

Sample Answer Q.4 (a) 2000 Higher Level

Winner of 4A3 Stock Competition

The winner of the 4A3 Stock Market competition is Darragh Howley. A return of 10.72% in less than one month certainly beats the market.

Darragh Howley’s Portfolio

The Subprime Crisis

I’m sure you’ve heard of the “subprime crisis” from the news over the last few months. So what exactly is the “subprime crisis”? Here’s one explanation of it.

Nationalisation of Northern Rock

UK bank Northern Rock PLC is to be nationalised. What is nationalisation?
It’s the first nationalisation in the UK since the 1970’s? Read about it here.

Winner of 4A6 Stock Competition

Congratulations to Philip Redmond who won the stock competition in 4A6. His total profit was €10,069 in four weeks. A very good return and all down to one stock he picked in his portfolio.

Philip Redmond’s Portfolio

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