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Nokia is also typically more efficient when it comes to how it builds a phone. While an iPhone requires around 1,000 components, Garcha says Nokia's 5800 needs only half that number. "Having an extra 10 or 20 dollars on your bill of materials doesn't matter when you're selling your phone at $600," he says. "Think about making it a smart phone at $100 a few years from now: $20 of cost is 20 percentage points of margin. It actually becomes very important...

Author: /time Magazine | Title: Nokia Calling | 8/3/2009 | See Source »

That's surely a worthy goal, although, at least in the U.S., it offers a classic example of the incentive problems in the current health-care system: if general practitioners spend extra time with each patient trying to diagnose psychiatric problems, they will see fewer patients in a day, which means fewer reimbursements overall from the insurance companies. So is there another...

Author: /time Magazine | Title: Study: Doctors Don't Always Spot Depression | 7/30/2009 | See Source »

...were told to repair it at the next gas station.) It would not have occurred to this gray-haired Caucasian female to count on a policeman's sympathy; the last time I tried joking with a policeman, some 40 years ago, my quip cost me an extra $15 on my fine...

Author: By Ruth R. Wisse | Title: A Colleague's Concerns | 7/30/2009 | See Source »

...getting real-world experience. From 1970 to 1983, the number of colleges and universities offering the programs increased from 200 to 1,000. Northeastern University launched the first one in the U.S. in 1909, although the practice didn't gain traction until the 1960s. Sure, it took an extra year to earn a B.A., but for three months each school year, students worked for companies they were interested in, tried out careers they weren't sure about and earned money to help cover tuition. Internships, similarly, did not develop until the 1960s and remained fairly uncommon at first...

Author: /time Magazine | Title: Interns | 7/30/2009 | See Source »

Collins, now 23, supports the study's results. "I'm generally in a good mood," he says. "And based on the anecdotal evidence I've seen, tall people have a more pleasant disposition and are more easygoing. They don't have to make an extra effort to command attention. When they walk into a room, it tends to come naturally to them." Such recognition surely helps your self-esteem. If only it wasn't too late for you short people to have a growth spurt...

Author: /time Magazine | Title: Why Tall People Are Happier Than Short People | 7/29/2009 | See Source »

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