Word: phone
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...more subtle. People stop buying PCs and electronics when the economy is bad, primarily because they can. A two-year old computer will still perform 90% of the tasks required by a business or home user. There is nothing wrong with a two-year old Nokia (NOK) cell phone. (See pictures of the history of the cell phone...
...Investors who believe that Apple can still do well got a hand. Smart phone king Research In Motion (RIMM), maker of the Blackberry, posted strong earnings for the last quarter. The company did what Wall St. likes most of all. It did better than expected in the last reporting period and said it would do better than people anticipated in the future. Now Wall St. gets to re-evaluate Apple. RIMM, which is among the lesser branded competitors in the field, has done fine even in a downturn. Even if the recession has been deepening, businesses and consumers are willing...
...appalling as you'd expect, and Cullen doesn't spare us a second of them. To assemble a definitive timeline of the attack, Cullen has had to resolve hundreds of wildly divergent eyewitness accounts. This was, as he puts it, "the first major hostage standoff of the cell phone age," so as the nightmare unfolded, students were calling local news stations, which then fed their panicked stories back into classrooms via TVs in real time, creating a feedback loop that distorted their experience of the event even as it was happening. Maybe the most surprising thing to come...
...much money in the past. The optimists argue that PE firms profit by being good at governing corporations. "When you've got overly ambitious and hardworking people who are putting their own money at risk," said Carlyle Group managing director David Rubenstein when I got him on the phone, "it's an alignment of interests with management and shareholders that will always enable private equity to make money...
...norm, and our ideas of relationships and sexuality are shaped by what we expose ourselves to.” Characters become role models to those who base their metrics of social interaction on television shows, said Michelle M. Parilo ’10, president of the Seneca, in a phone interview. “It’s not an extreme problem, but it does impact how women think,” Parilo said...