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...creator, Sheraton, said he's seen it all before, on the old Palm Pilot platform. His first app was E-spresso, in 1999, which created a virtual cup of espresso on the Palm, the first great PDA. "Having lived through the Palm apps market, I was able to predict what would happen here as well," he said. "There are way too many apps, and the prices will drop through the bottom...

Author: /time Magazine | Title: What Makes a Best-Selling iPhone App? | 12/4/2008 | See Source »

...more interested in politics than in government, so the actual issues wouldn't be something that interested them. What campaigns are for is weeding out the people who, for one way or another, weren't making it for the long haul. The fact that the Sabbath gasbags couldn't predict it is a good thing. People actually voted the way they felt like voting, rather than the way somebody told them they were going to vote. That's democracy...

Author: /time Magazine | Title: Calvin Trillin | 12/1/2008 | See Source »

...Brits close their wallets, all that wealth-creating, job-generating activity is dwindling. Fresh government figures reveal a drop in consumer spending of 0.2% this fall, the worst performance in 13 years, and experts predict profound misery in the final quarter, usually a boom-time for shops thanks to pre-Christmas gift splurges and post-Christmas bargain-hunting. Market research company Synovate forecasts a drop of 7.3% on shopping trips in December. Says Tim Denison, a retail psychologist and director of Synovate, which has used the same matrix to predict retail trends since 1995: "We haven't seen a figure...

Author: /time Magazine | Title: London's Black Friday: Getting a Jump on Holiday Gloom | 11/28/2008 | See Source »

...there will be plenty of pain. Kroeber and others predict a rough next few months. They also concede that a sharp decline in exports will hit China hard, possibly cutting 2.5 percentage points off growth in 2009. There's also the strong likelihood that tens of millions of dollars will disappear into China's bridges to nowhere - or into the pockets of corrupt local officials. Still, if any government can drive change by diktat, it's the Chinese Communist Party. Doomsayer Roubini writes: "The government cannot force corporations to spend or banks to lend." In fact, Beijing can do exactly...

Author: /time Magazine | Title: A Nation Apart | 11/27/2008 | See Source »

...shop at 9 p.m., while I get involved with other loans in my portfolio. I'm also going to give kiva.org gift certificates to all my consultant and business-school friends, so they too can annoy hardworking people around the globe. By the end of next year, I predict the developing world will not only be economically thriving and significantly more diabetic but also regret ever getting involved with microloans...

Author: /time Magazine | Title: Cupcake Kings Go Global, With a Little Help From Joel | 11/26/2008 | See Source »

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