All praise to Ben Bernanke! Holding everything together as Dems do everything in their power to destroy the economy.
Why is MSFT helping DELL go private? They should be looking at mobile - phones and tablets, something NOK has a better track record for execution. Looks like the Surface is a flop.
Money moving out of RIMM, one misstep and it gets crushed. NOK making real progress on the comeback trail.
Siri integration was announced by a couple of car makers. With bluetooth connectivity that goes beyond making phone calls, this should be interesting.
It's not a problem to buy odd lots today, but you still need 100 shares to write a covered call. A stock split would help make shares more affordable and put shares in the hands of people that love Apple's products. Otherwise, the big boys can always whipsaw this stock.
Really, does it matter as long as they sell phones and make a profit? The high end smart phone market is getting saturated. Rumor has it that Apple is looking at a lower end phone for emerging countries market. Does Nokia or Samsung get any continuing revenue streams from smart phones like Apple with iTunes, apps, iPad or Mac sales?
It wasn't just a problem with the build quality of GM cars. GM had to do everything it could to engineer the costs out and make their cars price competitive. When other manufacturers started using fuel injection, GM still used carbs. When others went to port injection, GM went with throttle body injection. When others went to discs, GM still used drums. When others had 4 channel ABS, GM used 3. Others went to OHC, and GM still makes pushrods. GMs were horribly underpowered when catalytic converters were introduced because GM simply slapped them on to comply.
If GM were a person, it would be on disability because it can't be self-sufficient. After GM uses up all the cash and advantages given it by the government, it will be knocking on bankruptcy's door again.
Ford was screwed too. They got no such help, and have to compete against a subsidized Government Motors. Once GM is free of government oversight, it's back to the old ways - ridiculous salaries for non-performing execs, easy sub-prime financing to move the metal that could not otherwise be sold at a profit.
I would think it's a mixed bag. Cell bills would go down, 2 yr contracts would go away, and someone would step in to finance high priced phones.
I was hoping Win 8 for PCs would sell better and integrate with WP8. Does WP8 work well enough with Win7 that this isn't an issue? I still see Win8 making inroads although it's not a blockbuster.
Walmart more indicative of weak Christmas season. They opened Thanksgiving day which only took away from black Friday sales. iPhone promotion was mid-season attempt to juice overall sales at Walmart. Now we know how bad a Christmas it was for retailers.
Government subsidies for the Volt and battery makers was wishful thinking - let's throw money at it and it might work. Public money should go into research and not production. If we had the money it wouldn't matter, but this nation is deep in debt. We need to make our choices more wisely. If these were just make work programs, then mission accomplished I guess, probably bought some votes too.