Word: celling
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...industries were supposed to do relatively well when purchasing power got into a tough spot - cell phones and PCs. It may be that the focus on tech growth potential has been too much about Apple (AAPL) which has done well, at least in its most recent quarter. But, Apple is as much a cult as a business. Some people will borrow themselves into the poor house to own a new Mac or iPhone. (Read "How to Know When the Economy Is Turning...
...news about PC and cell phone sales begins to trickle out company-by-company, it is becoming clear that a $199 handset or a $999 PC are not on the consumer's shopping list. Nokia (NOK), which has 40% of the world's handset market reported that global sales would contract in 2009. That is unheard of. It means that fewer people are upgrading old phones in developed markets and fewer people are buying a first phone in developing countries...
...Queen Drew Faust was up to. Apparently, the University’s greatest expense is its enormous phone bill. In response Our Queen Drew Faust, as part of her overall plan to eliminate undergraduate happiness, will soon order all students to “donate” their cell phone minutes to the University and only use their University-issued red phones for the remainder of their college careers...
...time span—will also slow. She added that Harvard will “develop options for interim improvements to [its] existing properties” as well as deliver on its previously agreed-upon community benefits. Harvard programs promised space in the complex, such as the Harvard Stem Cell Institute and the much-heralded Department of Stem Cell and Regenerative Biology, would instead move into renovated spaces in Cambridge, according to the statement. —Staff writer Peter F. Zhu can be reached at pfzhu@fas.harard.edu
...cutting the cord, so to speak. The company lost 3.7 million access lines, or 9.3% of its base, in 2008." The phone will take incoming calls and limited calls out. People will have to pay for additional telephoning at a modest price. Of course, smart people may use their cell to call out and take calls on their landline...