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...Acer CEO J.T. Wang chalks up the results to his company's willingness to adapt to unpleasant market realities. While competitors are trying to protect their profit margins by keeping prices of PCs stable, Acer, recognizing that consumers have less to spend nowadays, has been pushing low-cost computers including netbooks, shrunken portable PCs costing just a few hundred dollars. Wang says that computers priced under $500 are taking a larger share of overall sales; according to IDC, the average selling price of an Acer machine in the first quarter dropped to $611 from $855 a year earlier. "People...

Author: /time Magazine | Title: Storm Riders | 6/15/2009 | See Source »

...ultra-thin notebooks that can run for more than eight hours without recharging yet cost as little as $699. Wang claims these full-featured machines are unique in the market, and that it will take six to nine months for his competition to catch up. "It's not just low price," Wang says. "There is innovation in the product as well." Acer is entering the cell-phone business, and Wang makes no excuses for churning out low-margin netbooks, considered inferior devices by computerati because of their cramped keyboards and limited performance. "Our competitors consider these junk - the more...

Author: /time Magazine | Title: Storm Riders | 6/15/2009 | See Source »

...Fielmann's sales jumped 7%, according to the Central Association of German Opticians. Total net profit soared 39% to $163 million. Company officials attribute the results to the company's size. Fielmann sources frames in bulk, from both cheap Asian manufacturers and designer brands, keeping costs low. Indeed, Fielmann's expansive mood shows that farsightedness can be a virtue: you can envision the day when the recession will end, and be ready to cash...

Author: /time Magazine | Title: Storm Riders | 6/15/2009 | See Source »

...most recent description of his years fighting with al-Qaeda to Austrian and German journalists visiting Sarajevo. Yet Bosnian police have not sought to arrest him for terrorism, and last year an intelligence official told a Sarajevo publication that Cosic posed no threat to Bosnia and had dropped "very low on the list of priorities...

Author: /time Magazine | Title: Bosnia's Islamic Revival | 6/15/2009 | See Source »

...Around Rockwell, and on a low budget, Jones has created a plausible environment - sterile on the inside, grungy on the lunar surface - that would drive anybody nuts. He guides the film at a tempo that is both measured and assured; here, it's clear, is a director who knows how to get the viewer on his pensive wavelength. Mass-audience action fans may plead for more stuff to happen, but they should attend to the tensions within the silences, in a place where no one can hear Sam scream...

Author: /time Magazine | Title: Moon: A Superior Space Oddity | 6/14/2009 | See Source »

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