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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...
...country - the first ever cell-phone call in India in 1995 was carried over a Nokia phone and Nokia-deployed network - has established the company as India's biggest supplier by a huge margin. Nokia devices are sold in 162,000 retailers in India, more than three times the number for rivals Samsung or LG. Although Samsung is investing heavily to catch up, Nokia claims roughly 60% of the Indian market. So ubiquitous are the firm's products that many locals refer to their mobile phone as a "Nokia" even when it isn't. In China, Nokia supplies around...
...curious. Zimbabwe's economy has collapsed. The government of President Robert Mugabe has destroyed the country's currency. Several million people need food aid, millions more have fled, and an outbreak of cholera - that sure mark of destitution - has killed close to 5,000 and infected 20 times that number in the past year. What's to buy in Zimbabwe? "Graves," my neighbor replies. "Private cemeteries. Other places, I'll do minerals, farms, forests. In Zim, I'm in death...
...Census Bureau, the contest also virtually eliminated the long-standing gap in participation rates between black and white voters. For the first time, younger blacks voted in greater proportion than their white peers, and black women voted at a higher rate than any other demographic. Overall, though, the number of ballots cast rose only modestly from 2004, as gains in minority voting were offset by stagnant or declining turnout among other groups...
...trade was revised in Congress, though, that number has dwindled - the current bill would channel perhaps about $10 billion a year to energy research in its early stages - but not solely for clean energy. By contrast, on the campaign trail Obama promised to spend $150 billion over 10 years just on clean-energy research. On July 16, an assortment of 34 Nobel Prize winners wrote a letter to Obama, calling for more support for energy research and development in the climate bill. "We need a much larger investment than what we're getting," says Jesse Jenkins, director of energy...