Recently, however, most of the industry has been seeing more cash going out than coming in.
"Most of the industry got into problems, and we were one of them, " says Sinivasan.
Initially, 7-inch tablets were written off by most of the industry as too small to bother with, leaving the playing field wide open.
Most of the industry innovations are being driven not by banks, but by specialist companies like mFoundry, ClariMail, Monitise, Mocapay, PayPal, Bling and Obopay.
The strategy... trains a legion of customers to think that such a jump in value is completely normal and sustainable by most of the industry.
ENGADGET: Editorial: Amazon and Google are undermining mobile pricing, and that may hurt everyone
Most of the industry was saying by 2010, best case scenario.
The Wii took everyone by surprise at launch, as most of the industry had counted Nintendo out after the GameCube failed to connect with gamers.
"Most of the industry is located in California so I actually need to travel to California, " says Mr. Fernandes, who is the owner and general manager of Bio2, a product-development company based in Brazil.
The strategy effectively skips a whole cycle of traditional price drops as manufacturing gets more efficient, but trains a legion of customers to think that such a jump in value is completely normal and sustainable by most of the industry.
ENGADGET: Editorial: Amazon and Google are undermining mobile pricing, and that may hurt everyone
But for most of the industry, asceticism for asceticism's sake is a thing of the past--good news for those who exercise when they want to, sleep late, lounge around their luxury suites and eat whatever they feel like--as long as it's not soup with sunflower seeds.
Several American local papers, one of the most fragile parts of the industry, have been taken over by rich businessmen.
At the time, Dirk Vennix, chief executive of the Association of British Bookmakers, said most of the gambling industry's eight million customers spent "safely and responsibly".
Indeed, most of the cellphone industry in Europe has been working on variations of this pricing method for years.
In SuperFuel I noted that the nuclear power industry has a generational problem: most of the leading executives in the industry are now in their 60s.
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The real problem for most of the print industry is that their customers now spend all day sitting in front of computer screens and get all the information they need by doing so.
The sheer rapidity of the spread of mobile phones would be enough to explain why wireless is the most exciting area of the telecommunications industry.
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Most of the airline industry stock prices took a dip with chatter flying over whether or not there would be an AMR bankruptcy.
In recent days companies like Sony, Nintendo and EA have reportedly withdrawn their support for SOPA, under fire from angry consumers, but they are all members of the ESA, which boasts most of the biggest brands in the industry.
FORBES: The ESA Supports SOPA, and the Rest of the Industry Follows
There is, at present, still a fair amount of competition in most parts of the services industry.
While Goldman is the gold standard in the trading business, with its fixed income, currencies and commodities trading division one of the most profitable in the industry, the macro environment has a been difficult one for trading in the last half of the year.
FORBES: Goldman's Golden Trading Goose Lays An Egg, Stock Looks Fairly-Valued At Best
The days of 60% margins on high-end storage systems may be gone, but Darren Thomas, a former head of storage at Compaq and now chief executive of Zambeel, a start-up, says that storage remains the most durable part of the technology industry.
But Wendy Wright, secretary of the group of residents supporting the plan, said most people welcomed the prospect of a new industry and the jobs it would bring.
Most of the mutual fund industry hangs on a percentage of net assets for its revenue.
In addition, we have both developed some of the country's most popular programming and built many of the most watched and valued networks in the industry.
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It prompted the company to overhaul its supply chain, so that it is now one of the most efficient in the industry.
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"This is an exceptional opportunity for ZAGG to step into the gaming arena by collaborating with some of the most respected names in the industry, " said Kent Wuthrich, executive vice president of marketing for ZAGG, which manufactures and markets iFrogz products.
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But recessions, depressions, labor unrest and the ups and downs of the coal industry eventually dissipated most of the fortunes.
One of the most common marketing ploys of the credit card industry is to offer 0% interest on balance transfers.
With the support of most Americans and the bold leadership of tech industry executives, skilled immigration reform should be a no-brainer in Washington.
This and scores of other stories beg the question, then, who is benefiting primarily and most from the core activities of the financial industry?
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