Word: shocks
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...Acer these days, R&D is focused on reducing sticker shock. In May, for example, Acer launched new line of ultra-thin notebooks that can run for more than eight hours without recharging yet cost as little as $699. Wang claims these full-featured machines are unique in the market, and that it will take six to nine months for his competition to catch up. "It's not just low price," Wang says. "There is innovation in the product as well." Acer is entering the cell-phone business, and Wang makes no excuses for churning out low-margin netbooks, considered...
...told Jobs at a meeting in the boss's office one September day in 2005, was build a house on the beach in Mexico, drink margaritas with his wife and toast the setting sun. Rubinstein told Jobs he wanted out. "He goes, 'Really?'" Rubinstein thunders, imitating a man in shock. Then he chuckles...
...murder certainly helped her defense. What the press called "cartwheels" in the police station during questioning, she explained as stress-reducing yoga; she said photographs of her making out with Sollecito in the yard outside the cottage as police inspected the murder scene simply reflected her state of "shock" and his efforts to console her with "cuddling." (Read a story about the Italian media's obsession with the Knox case...
...triple whammy of collapsing property values, equity-wealth destruction and ongoing unemployment shock, the American consumer is unlikely to spring back overnight. In fact, with asset-dependent U.S. households remaining income-short, overly indebted and savings-deficient, subdued consumption growth is likely for years. This is because the U.S. consumption share of real GDP, which hit a record 72.4% in the first quarter of 2009, needs, at a minimum, to return to its pre-bubble norm of 67%. That spells a sharp downshift in real consumption growth from the nearly 4% average pace of 1995 to 2007 to around...
Looking to complain to someone about the stupidity of this initiative system, I called former California governor Gray Davis, who got voted out of office through a recall petition. "I'm not for scrapping the initiative process," Davis said, to my shock. "I believe voters generally make good decisions." Even a recall, it seems, can't stop a politician from kissing up to voters. Davis believes that the initiative system simply needs some tinkering and that voters need an attitude adjustment, which will come later this year when we lose our schools, jails and roads and full color...