So a majority replacement market works very differently in competitive terms from one pulling in large numbers of first time users.
But perhaps equally important for the long haul, Apple has a huge leg up in the laptop-replacement market, despite not targeting it aggressively at all.
FORBES: As iPad Mini Looms, Tablets Give Tech Giants Headaches
"It has become largely a replacement market, " Ms. Patel said.
They control 60% of the lucrative replacement-tire market, and they can easily steer consumers to any brand they wish.
After a one-point spike in replacement-tire market share in 2001, Goodyear brand tires slipped 1.5 points in 2002, to 15% of the U.S. market.
And while Firestone remains the third-largest brand behind Goodyear and Michelin in the U.S. replacement-tire market, the crisis leaves it with a 7.5% market share, down from a high of 10.5% in 1999.
Under existing regulations, generic firms can compete against an off-patent branded drug and battle for first-to-file, 180-day exclusivity to market a generic replacement.
The corporate IT replacement cycle will also drive PC market growth this year.
We estimate that a relatively low level of disparity in replacement rates will result in smaller market-share shifts in the future.
FORBES: Only Ford, GM, Toyota To Gain Share Through 2015, Study Says
Years ago, serving as an FDA advisor, he led an effort on another FDA advisory panel that kept another potential warfarin replacement, Exanta, off the market.
Without an obvious RSS reader alternative to Google Reader (and with heightened fears that any replacement RSS reader might exit the market, just like Google and Bloglines), some folks will simply give up on RSS altogether and rely exclusively on social media, email alerts or bookmarks.
FORBES: How The Shutdown Of Google Reader Threatens The Internet
For years Goodyear had chased volume, selling low-margin tires to auto manufacturers and replacement tires to the middle of the market.
The problem was no bells rang on Wall Street when the market value line approached the replacement value line on your chart.
His proposal was reduced to a draft law calling for the replacement of Consob, the securities-market watchdog, with an Authority for the Protection of Savings, with various responsibilities and resources pinched from the central bank and the antitrust authority.
The good ones have microscopic fees, turnover occasioned only by the replacement of stocks erased in mergers and guaranteed market-matching performance.
The plan means four county-run homes in Hadleigh, Ixworth, Beccles and Wickham Market will be closed with no replacement homes built in those communities.
BBC: Suffolk County Council care homes: Care UK plan approved
For insurance purposes, the replacement cost of a home is NOT the market value of the home, its purchase price or the outstanding amount of any mortgage loan.
Most local authority homes will be replaced in the same town, but homes in Hadleigh, Ixworth, Beccles and Wickham Market are being closed with the replacement homes being built in neighbouring towns.
XShares floated a hip-replacement-and-knee-replacement ETF that they had to yank off the market in 2008.
The council, which owns the land, backs plans for the replacement and claims the development of the current town centre market site would help regenerate the town.
BBC: Abergavenny cattle market: public meeting over its future
Even though the market was rising, most stocks were selling at discounts to replacement value and even to book value.
The volume of replacement phones, however, is expected to increase as new smartphones enter the market.
There were also increases in labour-market flexibility through improving job search for those on benefits, reducing replacement rates, increasing in-work benefits and restricting union power.
Jeff Viniks replacement at Magellan has got his fund fully invested, but the numbers through October still trail the market by more than 200 basis points and last year by 1, 100 basis points.
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