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...that sales are growing 50% annually, it's obvious - just look around - that Kamen's machine hasn't found much traction in the consumer market. Segway has, however, cultivated a few commercial niches to keep Kamen's company and his dreams whole. It has introduced off-road, police and golf models of its transporter, and thanks largely to its lobbying, 44 states now allow the PTs on pavements. Segway just entered the Chinese market, and its global sales are growing rapidly, especially in Europe. Foreign sales could account for half of all revenues next year, up from roughly...

Author: /time Magazine | Title: The Segway Riddle | 8/14/2006 | See Source »

...accounts, Segway's commercial sales are picking up fast. But is this business sustainable? Curtis Carlson, ceo of SRI International, an innovation consultancy and research institute, has his doubts. Segways, he notes, are competing with established products, like electric golf carts, and stealing only a share of their market. Price is a problem, too. "Value is benefits per dollar," says Carlson. "For a lot of the world, a small lightweight bike is a good alternative to a $5,000 Segway...

Author: /time Magazine | Title: The Segway Riddle | 8/14/2006 | See Source »

...almost $7,500, Shenzhen is among the richest cities in China. Today's downtown is a jumble of traffic-clogged streets, luxury hotels, Hugo Boss and Louis Vuitton stores, and foreign eateries like Pizza Hut and Taco Bell. At the Portofino housing complex on the city's outskirts, golf carts carry residents from their lavish condominiums to the development's pricey European restaurant...

Author: /time Magazine | Title: The Birth and Rebirth of Shenzhen | 8/14/2006 | See Source »

...band singer, he made the pop charts with the soapy 1966 hit The Men in My Little Girl's Life. For two decades he was host to guests ranging from a string of sitting and former U.S. Presidents to a preschooler named Tiger Woods (whose golf skills prompted fellow guest Bob Hope to joke, "I don't know what kind of drugs they've got this kid on, but I want some"). The show was, Douglas insisted, "really a music show, with a whole lot of talk and laughter in between numbers...

Author: /time Magazine | Title: Milestones Aug. 21, 2006 | 8/13/2006 | See Source »

...chronicles the oddball adventures of two geeky middle-aged punsters; in Torrance, Calif. The first to use block lettering, according to its syndicate, the 34-year-old strip sometimes featured the two pals traveling through time and morphing into different beings. As aliens who have landed on a tony golf course, they observed that a set of clubs appeared to be "some kind of instruments of self-torture...

Author: /time Magazine | Title: Milestones Aug. 21, 2006 | 8/13/2006 | See Source »

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