Word: smarts
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Dates: during 2000-2009
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...Despite those initial barriers, the iPhone seems likely to transform the mobile-phone market in China. While smart phones occupy just 10% of the Chinese mobile market now, that will jump to as high as 30% next year, Zhang says. Apple's model may take time to expand its market share, but it has already forced wireless giants like China Mobile to react. In July the world's largest mobile carrier said it was developing its own smart phones using software based on the Android operating system and manufactured by Dell, Philips and Samsung. If you want to know...
...Gaddafi, the new friendship with Washington has been a smart investment that has paid off handsomely. About 45 Western oil companies now operate in Libya, investing billions each year in exploration and maintenance. "Quite a bit of damage occurred under sanctions because the oil reservoirs were not observed for many, many years," says Thamir Uqaili, a London-based independent oil consultant who spent years working in Libya. "They have caught up now in certain places...
...this smart move No. 2? In other words: Is it really time...
...over-leveraging and willful ignorance. Like PEDs of baseball’s elite, the acronyms of the financial world—CDOs, CDSs, LBOs, etc.—were not skills or products in and of themselves. Rather, like PEDs, they were once-exotic, unregulated tools that allowed really smart people to make a ton of money and marginally smart people to come along for the ride, eventually becoming common and insidiously far-reaching. And like steroids, the financial tools of the current era were almost all condoned by the relevant governing bodies. Similar, too, is the extent to which...
Finally, under President Ahmadinejad, a rationing program began in the summer of 2007. Every Iranian with a registered motor vehicle received a smart card that could be used at any pumping station. Up to 100 liters (26 gallons) a month could be bought at a still subsidized price of about 38 cents a gallon. After the 100 liters is up, drivers can pay a fixed price of about $1.50 a gallon for any additional gasoline, known as the "open price." (For comparison, U.S. gasoline prices averaged $2.63 per gallon at the end of August...