in 1981 of $35.527 million (a four year market value growth of 44.3 percent more than twice the projected market value growth for the total market, which will give the company a market value share of 24.2 percent, compared to a market value share of 20.3 percent in 1977, a market value share increase of 19.2 percent over the four year period). Thus, by 1981, the General Electric market value share is expected to be higher than the company's product unit market share, which means that, in 1981, the average price of General Electric clock and timer products is expected to be higher than the average unit price for the total market a complete reversal of positions from the conditions prevailing in 1977.
Profit margins for the company's clock and timer pro ducts operations are presented in Table 1, which may be found on the following page. As the data presented in Table 1 Table 1
Profit Margins: General Electric Clock and Timer Products:1977, and 1981
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Item 1977 1981 Change
(actual) (projected) (projected)
...