Word: profitable
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Dates: during 1980-1989
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...less than a success. To promote the product, it is readying its biggest television advertising campaign ever. The computer is already on store shelves, and as many as 30,000 could be shipped by year's end. That should make IBM dealers happy. They frequently complain about low profit margins and competition from IBM's own sales force. But after being wined and dined in Texas last week, one New Jersey computer dealer observed, "I've got to learn to love these guys because they are going to make me rich." -By Alexander L Taylor III. Reported...
...financial accounting is expected next month, but departing Olympic Organizing Committee President Peter Ueberroth anticipates a profit exceeding the forecasted $15 million, to be disbursed among the U.S. Olympic Committee, the National Sports Foundation and various youth groups. Ticket sales of 5,797,823 broke the Moscow record (5,466,321) and left Montreal in the dust (3,195,170). Considering high ratings-90% of all American households had the Games on at some time-ABC seems unlikely to press for a boycott rebate. Anchorman Peter Jennings and the whole fall schedule have been shirt-tailing to glory...
Though they expected to profit athletically from the absence of their East bloc colleagues, the Rumanians more than tripled the number of medals they won in Moscow in 1980, a feat that could not wholly be explained by the bloc's absence. "It's not our biggest Olympic team, but it's our best," said Team Spokesman Alex Lazarescu of the 127 athletes dispatched to Los Angeles, down from the 237 at the Moscow Games. "Quality, not quantity this time." Rumanian women blitzed the rowing events, for instance, winning five of six gold and taking the silver...
...operation in 1903. But that was later. In 1886, then a restless 23-year-old railroad-station agent in North Redwood, Minn., Sears bought a consignment of gold-filled pocket watches that had been rejected by a local jeweler, resold them to other station agents at a $2 profit apiece and founded the R.W. Sears Watch Co. A year later he added a watch repairman, Alvah C. Roebuck, to his staff. In 1888 came the initial catalog, containing only watches. In 1894, though, the first real Sears, Roebuck catalog appeared. The cover of its 507 pages blared: "Cheapest Supply House...
...that Telling once delivered a friendly but firm ultimatum to the man ager of a money-losing store. "You know your job is on the line," said Telling. "This is September, and I don't see any reason why you can't turn this store into a profit maker by January. But if you don't, I won't come around again. So let's just shake hands now, and we'll part friends." The store made a profit by January...