December 2011
12 posts
1 tag
The Six Words That Can Fix America
Wages are at an all time low while corporate profits are at an all time high. Big businesses continue to ship jobs overseas while unemployment is at 8.6 percent. The median net worth of a congressman has more than doubled since 1984 while it has dropped for the average American.
Our government used to work for the middle class. Not anymore.
Even if you make 100 times the median income (i.e. if...
Will Apple Outsell Every Android Vendor Combined...
Nearly six months ago, on June 28th, Android chief Andy Rubin told us that 500,000 Android devices were being activated daily. On December 20th, he gave up an update: 700,000 Android devices were being activated every single day. Because those two dates are exactly 25 weeks apart, you can calculate the average rate at which Android activations have increased.
Things have changed since Andy...
RIM is Screwed, Part Three →
Jonathan Geller at BGR:
In what is something of a serious allegation, our source told us that Mike Lazaridis was lying when he said the company’s new lineup was delayed for that reason. ”RIM is simply pushing this out as long as they can for one reason, they don’t have a working product yet,” we were told.
Isn’t purposefully misleading investors illegal?
Blackberry ASP is on the Rise
RIM just reported earnings for the final calendar quarter of 2011. 79% percent of their $5.2 billion in revenue came from the sale of hardware, which includes both Blackberrys and PlayBooks. That means RIM brought in $4.108 billion from hardware sales.
If you multiply the 150,000 Playbooks RIM sold by the same $554 Playbook average selling price I’ve used in previous quarters, then RIM took in...
RIM is Still in Trouble (Who Could Have Guessed?) →
Dan Gallagher for Marketwatch:
The weakening sentiment drove Research In Motion shares to new lows as the stock slid more than 2.5% to close at $15.08; the shares earlier slipped below the $15 mark for the first time in more than seven years, on a split-adjusted basis. The stock is down nearly 74% for the year.
RIM is reporting earnings tomorrow. I think they’ll announce blow-out results and...
Putting It In Perspective →
Jesse LaGreca:
Let’s put it like this, if some country screwed over America the way Goldman Sachs did, you can rest assured that Republicans would be demanding that we bomb the shit out of them and then invade them for their natural resources.
NYU Will Offer Classes on Occupy Wall Street Next... →
Why take this class when you could go out and actually take part in Occupy Wall Street?
The Economy and the School System →
Someone who goes by the name of “Galatea”:
It really only takes one innovative person to have a huge impact on the economy. But what exactly is the problem: that not enough people are trying or have the mental capacity to do so? That we as a generation are too risk-averse, a characteristic compounded by a faltering economy?
Yes. We, as a generation, are too risk-averse. And you can’t fix that...
The Fourth Estate →
About half an hour into a lecture titled “WikiLeaks, one year later”, P.J. Crowley, the former State Department official who was fired for calling alleged WikiLeaker Bradley Manning’s treatment “ridiculous and counterproductive and stupid”, reveals the cozy relationship between the federal government and The New York Times:
At our request, they actually did not report on certain matters that...
“Until They’re Ready” →
Better than last time’s “it takes guts to not allow a product to launch that may be 90% ready with a quarter end in sight”.
IDC Expects Windows 8 Tablet Sales Will Be... →
What a guess.
RIM is Screwed →
From RIM’s press release earlier today:
As previously disclosed, RIM has a high level of BlackBerry PlayBook inventory. The Company now believes that an increase in promotional activity is required to drive sell-through to end customers. This is due to several factors, including recent shifts in the competitive dynamics of the tablet market and a delay in the release of the PlayBook OS 2.0...