Word: maker
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Dates: during 1980-1989
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...countless American closets, is a veritable symbol of drudgery. But now there is a little vac hanging on the wall, designed just to clean up the spilled potting soil and the scattered cat litter. It is the Dustbuster, and its phenomenal success is dramatically changing the fortunes of its maker, Black & Decker...
...Dustbuster has transformed Black & Decker from a power-tool company catering to do-it-yourselfers in their workshops to a maker of products for the entire home. Says Vice President Stephen Britt: "Dustbuster got us out of the basement and upstairs." Last year the company moved deeper into the housewares market by paying $300 million for General Electric's small- appliance division. As sales swelled from $1.17 billion in 1983 to $1.53 billion in 1984, profits went from $44.2 million to $95.4 million...
...Apple so far has sold more than 275,000 Macintoshes. The company, the symbol of U.S. entrepreneurial innovation, saw profits in the first quarter of fiscal 1985 zoom to $46.1 million, an eightfold gain from the same period in 1984. Yet Macintosh (basic price: $2,195) and its maker have a serious handicap. Many Macintosh buyers have been Apple's characteristic flannel-shirt clientele--students, hackers and do-it-yourselfers--who make up only one-third of the $38 billion personalcomputer market. The largest part of sales go to corporate managers who still feel more at home with...
...Peace-maker...
...Japanese board game, and are introduced to the psychology behind sumo wrestling. The sessions, which combine lectures and role playing, have been a hit with many managers. Firms that have sent executives to the courses include Digital Equipment, Polaroid and Data General. Edward Colbert, chairman of Data Instruments, a maker of electronic sensors that does $1 million in annual business with Japan, was delighted with a seminar on the Japanese use of silence. Confused by the pauses that cropped up when he traveled with Japanese associates, Colbert learned that what strikes an American as an awkward halt in conversation...