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...believe that global PC shipments are near the bottom (of the cycle) and that we are approaching the beginning of the next, long-awaited PC-replacement cycle," Morgan's report said. Supporting that notion, a release on June 22 from a meeting of the Global Technology Distribution Council, whose member companies handle more than $100 billion in global technology sales, said that "the worst may be over...

Author: /time Magazine | Title: Tech Sales Up for Netbooks, but Not the Big Stuff | 6/23/2009 | See Source »

...firm NPD shows that in the U.S., technology unit sales were up 10% in May on a year-over-year basis. However, revenues declined 11% over the same time period. "Most of the unit growth is fueled by netbooks," observed analysts at Bank of America/Merrill Lynch in a recent report. (Read "Why Are Netbooks So Popular...

Author: /time Magazine | Title: Tech Sales Up for Netbooks, but Not the Big Stuff | 6/23/2009 | See Source »

...there were approximately 13,000 full-time equivalent non-faculty staff employees at the University, according to a report from the Provost's Web site. That number has likely been reduced since then, with roughly 530 employees accepting early retirement incentive packages this spring...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Announces Impending Layoffs | 6/23/2009 | See Source »

Since 1988, Harvard's Joint Center for Housing Studies has published an annual report assessing the state of housing in the U.S. This year's analysis culls information from several sources, including the Census Bureau, the Department of Housing and Urban Development, the Bureau of Labor Statistics and the Bureau of Economic Analysis. The report strives to be a resource for policymakers and private citizens looking to buy, sell or rent. It reviews affordability concerns, explains how housing continues to affect the economy and cites factors that could drive growth in the future...

Author: /time Magazine | Title: The State of the Nation's Housing | 6/23/2009 | See Source »

...danger of using home equity to pay off nonhome debt: "A recent Federal Reserve report estimates that of the trillions of dollars in real home equity cashed out between 2001 and 2007, homeowners used $874 billion to pay off non-mortgage debt - in effect rolling consumer debt into their home loans. Unlike consumer debt, mortgage debt cannot be discharged through personal bankruptcy." (See pictures of the housing crisis...

Author: /time Magazine | Title: The State of the Nation's Housing | 6/23/2009 | See Source »

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