Word: pricing
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Wagoner said the cuts are based on very conservative assumptions that oil prices will hover in the $130-to-$150-per-bbl. range through 2009, while car sales will fall to an annual rate of about 14 million units this year and next - a level last seen during the recession of the 1990s, when GM controlled just under one-third of the U.S. market. GM is still the nation's largest carmaker, but its market share is down to about 22% and its stock price has dropped to its lowest level in more than half a century, having fallen from...
...original iPhone was a high-tech indulgence. From its gorgeous touchscreen to its classy Web browser, it set a new bar for the look and feel of mobile phones. Naysayers nitpicked about its technical shortcomings - and its top-shelf price - but its breakthrough design won it millions of fans nonetheless...
...iPhone 3G should please everyone. Its look and feel are only slightly improved, but a faster network loads Web pages more quickly, true GPS functionality allows it to easily find places nearby, and the new $199 price (down from $400) makes it an affordable luxury...
...standard (and free) on less expensive rivals like the Samsung Instinct and Verizon Voyager. There is no excuse for leaving out these functions. Otherwise, I can live with the unremovable battery and accept the skimpy battery life (about 5 hours with heavy usage in my tests) as the price for the iPhone's big, bright screen. Since I don't have a huge media collection, the unexpandable memory (8 GB comes standard; for 16 GB, you'll pay an extra $100) doesn't faze me either. If you've got lots of songs, photos or other files, however, this...
...reports that crossed my desk: allegations about fraudulent aircraft parts were more numerous than ever, aging aircraft fleets still needed replacement parts that their manufacturers no longer made, more and more parts makers were foreign operations, the number of parts brokers and distributors was increasing every year, and the price of parts was skyrocketing. Still, the FAA continued to assume that most parts were properly manufactured and safe. This last alarmed me: if the opportunity existed for making and selling counterfeit parts with little FAA oversight, then the chances of getting caught were slim. How could an unscrupulous manufacturer...