This happened in the PC industry: What were once features exclusive to premium products migrate slowly down to the lower-end of the market, and price becomes the paramount factor for consumers.

这种现象在PC行业已经发生过了：有些功能以前只属于某些高级产品，但它们渐渐会普及到低端市场上，这时价格就成了左右消费者选择的重要因素。

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The nano will then become Apple's lowest-end iPod (we've heard nothing about a price drop, however) and the iPod touch will remain a premium iPod with its current form factor intact.

nano将成为苹果的最低端的iPod（但是呢，我们可没听说价格有任何的下调），iPod touch将继续定位为iPod的高端产品并不做外观修改。

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The actuarial formula of pure premium of the whole life insurance is discussed, as discount factor is random.

在贴现因子为随机的条件下，给出终身寿险纯保费的精算公式。

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This combined budget will then have to be distributed - with the added factor of a pupil premium for disadvantaged children.

BBC: What will cuts mean for education?

But the steep premium offered by Telefonica was probably the determining factor behind the German firm's reluctance to get involved.

ECONOMIST: Telefonica looks to Europe | The

The small-cap premium is eloquently deconstructed by the Fama-French Three Factor Model.

FORBES: Any Monkey Can Beat the Market