General Motors are about to announce their decision regarding their plans for the Swedish car manufacturer Saab of January 7. As the brand’s future is uncertain, Used Car Expert Magazine says that prices will not get lower than at this moment.
The Saab brand has long been under-supported by GM in the UK and dealers have been discounting stock to get rid of it – most notably Stratstone who have been advertising a half million pound Saab stock clearance, says editor Matt Tumbridge, … (read more)
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G-spot is merely wishful thinking: Study New York, January 4 — The G-spot could merely be a matter of womans imagination. That mysterious erogenous zone doesnt even exist, finds a new study. Though the issue is being researched since 1981, arguments over its existence and exact location still prevail. Findings of the current study raise doubts on whether the magic G-spot in women really exists. This is by far the biggest study ever carried out and it shows fairly conclusively that the idea of a G-spot is subjective, Tim Spector, professor at Kings College London, who co-authored the research said. Details of the study The identical twins share all their genes [basic, functional units of heredity, each occupying a specific place on a chromosome.] whereas the non-identical ones only share half, say experts. According to the study, if the G-spot existed in reality, then both the identical twins would have been expected reporting having one. However, in cases where only one of the twins reported having the erogenous zone, the scientists found no such pattern in the other twin. It implied that even if one of the twins reported having G-spot, the other twin did not necessarily have it, they said. With due course of the study, 56 percent of the subjects reported having a G-spot. All these women were found to be young and sexually active. Some of the sex therapists claim that proper diet and exercise could help women in boosting their G-spots. The present study, however, nullifies this claim too. Women may argue that having a G-spot is due to diet or exercise, but in fact it is virtually impossible to find real traits, Spector said. Whether or not you have a G-spot, there are countless ways by which you can have immense pleasure while making love. |
Bruce V. Bigelow wrote:
Although the news flow slowed to a trickle over the holidays, we’ve patiently collected all the high-tech news to get you ready to greet the New Year.
—San Diego’s Qualcomm announced the resignation of its No. 2 executive, Chief Operating Officer Len Lauer, on Christmas Eve—a move that almost ensured minimal press attention. Lauer, who joined Qualcomm in 2006, says he resigned to become CEO at an unnamed company. With Lauer’s departure, Qualcomm reorganized its Qualcomm MEMS Technologies business to report to Steve Mollenkopf, who presides over Qualcomm CDMA Technologies. Earlier in December, the wireless giant announced that former president and COO Rich Sulpizio was returning to head Qualcomm Enterprise Services.
—San Diego-based Metaplace has shut down its user-generated content website. Co-founder Ralph Koster announced the move before the holidays on his blog, saying the online marketplace and platform for users building their own social networking rooms “just hasn’t gotten traction.” Investors in Metaplace, which raised $6.7 million in a Series B round in 2008, include Charles River Ventures, Crescendo Ventures, Ben Horowitz, and Marc Andreessen.
—Seacoast Science co-founders Louis Haerle and Sanjay Patel founded their startup in 2003 to develop new sensor technologies, including chemical sensors for cell phones under a program funded by the U.S. Department of Homeland Security. But they told me they set out to avoid making a number of mistakes they had seen at Graviton, a San Diego wireless sensor company that failed in 2003 after burning through $66 million in venture capital.
—The head of Qualcomm Ventures, Nagraj Kashyap, told me that Qualcomm intends to organize a second round of its global QPrize program, but that the selection process for awarding funding to startup wireless companies will not be organized as a business plan competition.
—A number of San Diego startups raised funding during the last few weeks of 2009. Daylight Solutions got $1.25 million, Edgeware Analytics got nearly $663,000, Ortiva Wireless got $1.7 million, and U.S. Local News Network raised $2.7 million.
—Aptera Motors, the Carlsbad, CA-based carmaker, says in a holiday newsletter that it has been working with Energetx Composites, a composites manufacturing facility in Holland, MI, to supply the bodies for its three-wheeled cars. Aptera still is awaiting word on its revised application for a federal loan under the Department of Energy’s advanced vehicle technology manufacturing loan program.
Victims of cheaters have a new tool to help them move on from their damaged relationships.
A new Web site, Superrevenge.com (superrevenge.com), offers unique, affordable counseling opportunities for scorned women and men who were the casualties of cheating partners.
Superrevenge.com was founded by George Lemieux, author of the soon-to-be-released book Why Men Cheat.
By divulging relationship secrets on how to teach cheaters a lesson, Superrevenge.com helps clients stop hurting and start being normal again.
Lemieux’s idea for this service came about when a friend went through a crushing divorce and was having a hard time getting back on her feet.
“I was shocked to see how hard my friend took the event, and I wanted to help other women overcome this difficult time in their lives,” says Lemieux.
Superrevenge.com offers telephone counseling services to women and men who have been cheated on by boyfriends, girlfriends, husbands, wives, and domestic partners, giving them the tools they need to get the “ultimate revenge.”
The initial fee for Superrevenge.com is much cheaper than most marriage counseling services or psychologist’s therapy sessions.
After the 30-minute phone call session, clients will feel healthier, more beautiful, have a clearer mind, and start feeling normal again, says Lemieux.
By helping customers feel less worried, Superrevenge.com information services may also help alleviate health and well-being issues that can be brought on by severe emotional trauma and stress.
While Superrevenge.com does offer a discounted rate for repeat phone calls, many customers do not return after their initial session because they received such useful information on how to get the ultimate revenge and move on with their lives.
The company prides itself on speedy services: Clients will be contacted within 24 hours of paying the fee for a 30-minute session. If the phone call goes longer than 30 minutes, the client will not be charged more than the initial fee.
Privacy is very important to Superrevenge.com, so Lemieux does not share clients’ personal success stories of how they got revenge on the Web site.
About Superrevenge.com
The innovative advice information company Superrevenge.com (superrevenge.com) was founded by George Lemieux, author of Why Men Cheat. The book will be available Jan. 22, 2010 on Amazon.com.
Superrevenge.com helps victims of infidelity get stronger, smarter, and move on from their heartache by finding out how to get the “ultimate revenge.”
MEDIA CONTACT:
George Lemieux, 630-812-8889
[email protected]
Got some extra points in your account? You might find a few good titles on this week’s batch on Nintendo’s online stores. One of the highlights of this batch is Final Fight 3, perfect for co-op retro
In the past, I’ve talked about various student contests involving designing model hydrogen fuel cell cars. Since I believe that the students of today will be making the hydrogen car breakthroughs of tomorrow, I enjoy covering such subjects.
The fourth annual Hydrogen Fuel Cell Model Car Challenge was held in Union County, New Jersey in the northern part of the state. Students from Warren County Technical School along with around 200 other student participated in the model fuel cell car contest.
There were many glitches in the race as students found that getting their cars to run during the contest was not the same as when they had practiced in the gym. Loose wires, friction, malfunctioning hydrogen balloon tanks were the course for the day.
But, in the end, it was a good learning experience and a chance to correct mistakes and try again next year. These experiences will prepare the engineers, electricians and researchers of tomorrow with experience today that will mean huge gains for the hydrogen cars of the future.
One of the things the automotive industry was scheduled to leave in 2009 was the issue of Saab. However, General Motors said that it will extend the Dec. 31 deadline to sell or close Saab until Jan. 7, giving Spyker more time to come up with financing to buy the brand.
According to Spyker CEO Victor Muller, Spyker Cars will rebuild Saab around the 9-3, 9-5, and 9-4X models if it ends up buying the Swedish brand from GM. He said that plans for the entry-level Saab 9-1 will be put on hold.
In his interview with AOL Autos, Muller said that Saab would continue to maintain its headquarters, engineering and production in Trollhattan, Sweden, under Spyker’s ownership. Either way, Muller said that GM will continue to have close ties with GM. GM would continue to produce engines for Saab, and Saab would use GM parts in vehicles such as the 9-4X and 9-5, he said.
The Spyker boss said that he has cancelled plans to cut Saab’s U.S. dealerships from the current 218 stores down to 137 outlets.
How does purchasing Saab benefit Spyker? Muller said that Spyker would use Saab’s all-wheel-drive technology, other components and will sell Spyker cars through Saab dealerships.
Source: Automotive News (Subscription Required)
– By: Stephen Calogera
Filed under: Convertible, Europe, Government/Legal, Porsche
Like every other automaker looking to sell cars and trucks across the pond, Porsche has little choice but to comply with Europe’s strict 2012 CO2 laws. Autocar is reporting that one way Porsche could reduce its fleet-wide CO2 numbers is with smaller displacement powertrains, and the light weight and entry-level model status of the Boxster makes the roadster a prime candidate for downsizing.
Boxster director Hans-Jürgen Wöhler reportedly told Autocar that he sees a four-cylinder engine and perhaps even a turbocharged three-cylinder engine in the ragtop’s future, adding that the small displacement engines “could produce between 180 and 200 horsepower and emit just 180g/km of CO2.” Since Porsche sells fewer than 300,000 vehicles per year, the German sportscar maker reportedly won’t have to hit the EU’s ambitious 120 g/km 2012 regulations but it will have to reduce its emissions by 25 percent compared to its 2006 fleet average.
Problem is, Porsche reportedly hasn’t been told exactly which CO2 number it needs to shoot for. Also unknown is whether Volkswagen’s majority ownership could affect Porsche’s status as an automaker with fewer than 300,000 vehicles made per year. If Porsche isn’t given low volume status or if the Boxster’s volume doesn’t cut CO2 emissions enough, the German automaker may need to downsize the powerplants of even more vehicles to get itself under the company’s still unknown CO2 cap.
Will we be seeing three-cylinder Boxsters here in the States? Strict new fuel economy numbers in the U.S. likely won’t be as tough to beat as Europe’s 2012 CO2 figures and fuel remains significantly less expensive, so we’re guessing that we’ll continue to see boxer sixes in the trunk of our Boxsters for years to come.
Gallery: 2011 Porsche Boxster Spyder
[Source: Autocar]
Report: Porsche planning two new engines for Boxster? originally appeared on Autoblog on Mon, 04 Jan 2010 10:27:00 EST. Please see our terms for use of feeds.
Rumored for a few weeks and expected later this quarter, General Mobile’s second handset has been officially announced. As compared to the DSTL-1, the COSMOS is a step forward in terms of specs and features. But will steps be enough when other handsets like the Nexus One are taking leaps? It’s pretty hard to contend with a phone that has 512MB memory when you’re offering 128MB.
On the other hand, General Mobile should be commended for their efforts. Rather than churning out knock-off and wannabe handsets, the company appears to take their approach very seriously. The COSMOS will be the first handset from General Mobile to have their new Storeoid application portal preloaded. The full list of specs is after the break.
One of my end of the year rituals is looking back on what I dropped my hard-earned coin on over the year. This is a reckoning on software I thought would be a grand idea at the time and how I feel about the purchase at the end of the year.
13” MacBook Pro: It was time to retire my cira-2006 WhiteBook and I chose the low-end Pro model. I debated upgrading to the higher-end 13” or the 15”, but, since I had a 500GB drive I would be transferring, I decided on the low-end model. It’s a fantastic machine I don’t want to picture life without. No regrets.
Logitech Wave Keyboard: I’ve never been a big fan of Apple’s keyboards. The clear white model feels too squishy, and the aluminum one feels too firm. I got the Logitech Wave on an impulse buy at BJs Warehouse one day and I like it. My only complaint is it’s not bluetooth, and with the laptop I’ve stopped using it because I don’t want to lose the dongle or tie up a USB port. No regrets.
Snow Leopard: I upgraded day one and haven’t looked back. I love the new Automator, Stacks, and Expose. I can’t think of any major hiccups I’ve had. No regrets.
Parallels Desktop 4.0 Upgrade: I hadn’t planned on getting this — version 3 was doing fine for me. However, at some point the Version 4 trial got my system in a state where I couldn’t easily downgrade from it and preserve my virtuals and I ended up saying, “screw it” and upgraded to 4.0. I still use it heavily as there are Windows apps I need to use. It gets used enough I’ll likely be upgrading to Version 5 next year. No regrets.
Things: I’m constantly struggling with managing my to-do list. Until I got Things, no system worked for me. I tried Moleskine notebooks, Google Tasks, Evernote, having my wife remind me, iCal alerts — you name it. I got Things because of its iPhone integration (more on that in the iPhone section) and I love it. I was the site lead for an ISO audit and it was incredibly helpful managing the project. No regrets.
The Sims 3: The Sims franchise and I go way back; I’ve played all of them. Once I got the new Macbook and could actually run games, I grabbed the Sims 3. Overall, I like it. I was hoping it’d let me run without the CD like Spore does, and that’s probably the biggest reason I don’t play it much — I thought it’d be a perfect on the train game, but I tend to forget to grab the CD. Slight regret, only because I don’t play it as much as I’d like.
LaunchBar 5: I had to upgrade when I went to Snow Leopard. I use this tool every day and still barely scratch the surface on its features. As an aside, check out ScreenCast Online’s excellent LaunchBar tutorials. No regrets.
iLife 09: Granted, it came with my new MacBook, but I had also purchased a license on my old laptop. I only really use iPhoto and it’s been a mixed bag. The Faces feature thought my wife was both a booth babe from E3 and a bearded game developer. I like the Flickr and Facebook exports, but I’m disappointed it doesn’t sync photos I’ve uploaded to non-iPhoto created sets. However, I like having a central photo storage that I can get to from any application (using the new Services in Snow Leopard). Slight regret.
iWork 09: I’ve been waffling between iWork and Office for most of the year. Each have their advantages, but I’m finding how well iWork integrates with Snow Leopard’s Services has resulted in me using it more. Keynote simply rocks; I used it for every presentation I had to give this year. No regrets.
I started going through my iTunes receipts to give an accurate list of everything I bought … and rapidly decided that list was too long to bore you with, so instead I’m just going to mention the high and low points. There’s also a few I bought just because there was a great deal on them, so I’ll ignore them for now, too.
Games
Hero of Sparta and NFL 2010: I got each of these as part of a Thanksgiving sale for a buck a piece. I like both of them: Hero is a nice God of War clone and NFL 2010 is a serviceable football game. No regrets.
Myst: I got this trying to relive my gaming youth. While it’s an amazing technical accomplishment — it’s the entire Myst game, right there on your iPhone — I’ve been disappointed; I just don’t think it scales down well to the iPhone screen. This one is a regret.
Flight Control: Holy cow, is this game addictive or what? Not only do I regret getting this game, I think my boss regrets me getting it too — when he got an iPhone and asked for a game recommendation, it was the immediate choice and we’re both infatuated with it. Seriously, though, no regrets.
Peggle: This is a game that’s hard to describe; it’s like an inverted version of Blockout merged with pinball. The idea is to make these colored blocks go away by aiming a canon of sorts at them. It’s a fun game, but my one big issue is being color blind, I have a hard time telling the difference between some of the blocks.
Productivity
Quickoffice and DocsToGo: I bought them in a hope that my iPhone would become a netbook of sorts, and it didn’t quite work out that way. It’s not a fault of either program (they are both good) but my own work habits. While it’s rare I’ll attempt to do work on these, the few times I’ve had to use them puts them in the no regrets column.
Things: I’ve covered this already, but the iPhone app is a perfect companion to the desktop; I tend to use the iPhone app more than the desktop version. I only have two complaints: I can’t define Areas of Responsibility on the iPhone, and the data sync doesn’t happen via the cloud, but they seem to be working on that.
AutoStitch: I wrote about this one here, but suffice to say, I use it enough to instantly make it a no regret.
Byline: I float between Byline and the Google Reader web app. I frequently use Byline more because it’s a stand-alone app and syncs very well with Google Reader. However, both of them expose a limitation of the iPhone OS that drives me nuts: because apps can’t talk to each other, I can’t “send to Evernote” as I can when viewing Reader in a traditional browser. No regrets.
Simplenote: This is a handy Notes app that also has a web client, so, unlike the iPhone’s Notes app you sync over the cloud. It makes me wish I could delete the built-in Notes app.
Wooji Presentation Remote and Apple’s Keynote Remote: This was the year where I had to give a few presentations, and, being the geek that I am felt I needed an app on the iPhone to control Keynote. It was a disaster, Since it uses a Wi-Fi connection to the laptop the iPhone battery drained too fast and I felt myself looking down at the iPhone for my cues, falling into the dreaded “staring at the index cards” presentation method. I ended up going back to the Apple physical remote and using my Macbook and Keynote in presentation mode.
In 2008 it felt like I had more regrets than 2009. Perhaps that was a case of the App Store launching and just going nuts buying it, or this year I was more discerning about my purchases. How about you? What purchases did you make in 2009 you liked or regret?
Check out his “key investment themes” from his 2010 Internet Sector Outlook:
Imran published a 42 page deck explaining why each of these sectors will perform so well in 2010. Here’s a summary:
E-commerce: 29% more transactions online this holiday shopping season suggests the normals are getting used to shopping online now.
Travel: In 2010, people will go back to traveling for business and pleasure again. Online travel resellers will benefit.
Social-networking: Facebook “can enable applications” in “casual games, virtual gifts, and ecommerce” and “then collect a small fee as a network provider.”
Healthy M&A: Despite the horros of 2009, free-cash-flow grew 36% at large-cap Internet companies in 2009. They’re going to be ready to buy in 2010.
IPOs return: “As market conditions improve and we see an increase in cash flow, we think the IPO market will show signs of a recovery in 2010.”
And here are the 10 slides on why display and search advertising will grow like crazy in 2010 →
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The last effort to save Swedish brand Saab from General Motor’s axe will be made by Spyker on January 7, as Victor Muller, Spyker’s CEO said according to Reuters. This final bid would make for the third – and probably last – attempt by Spyker to take over Saab.
"We have gotten time for a final offer. Nothing has been rejected," Mullen told Reuters. He was backed by Paul Akerlund, Saab union representative, who said that GM had given those interested time until Thursday … (read more)
Last year saw the resurgence of Wi-Fi hotspots as more and more handsets incorporated the technology, and cellular network operators and wired ISPs signed deals or bought access to Wi-Fi networks. But while 2009 may have brought back Wi-Fi around the town, I think this year we’ll increasingly see Wi-Fi being used inside the home as a result of faster home broadband networks. A slew of broadband-enabled devices — from DVD players to music systems — are coming that use Wi-Fi to connect to the web, as is a new Direct Wi-Fi standard that will enable consumers to stream their media as well as easily get their video and pictures off their gadgets without ever hopping on the public Internet.
For proof, see the Wi-Fi hype that will be on display at this week’s Consumer Electronics Trade Show; or better yet, take a peek at the chart below showing how Wall Street is valuing the companies that develop Wi-Fi chips. I included Intel and Qualcomm, both of which are benefiting from the mobile computing and mobile phone popularity as reference points. Clearly the belief in Wi-Fi goes beyond netbooks and handsets.
And the availability of personal hotspots such as the Mi-Fi and the rise of the Direct Wi-Fi standard make Atheros, Broadcom and Marvell big winners. Also keep an eye on Taiwanese Wi-Fi chip maker Ralink Technology, as well as a host of startups using Wi-Fi around the home, from Quantenna and Celeno to the likes of Sonos and Eye-Fi, which use Wi-Fi to wirelessly transport content.
Image courtesy of Flickr user Adventures in Librarianship.
Former Illinois Gov. Rod Blagojevich, ’80s singer Cyndi Lauper, and baseball legend Darryl Strawberry are among the fourteen contestants who will be appearing on the new season of The Celebrity Apprentice.
Blagojevich is facing federal bribery charges after allegedly plotting to auction off then President-Elect Barack Obama’s vacated U.S. Senate seat. He was removed from office but has denied any wrongdoing. Last spring, Blagojevich was barred from travelling to Costa Rica to compete in another reality show. His wife, Patti, took his place.
Here’s the complete lineup of “celebs” competing for charity on this season’s show: Sharon Osbourne, along Cyndi Lauper, Holly Robinson Peete, Selita Ebanks, Maria Kanellis, Carol Leifer Summer Sanders, Darryl Strawberry, Bret Michaels, Bill Goldberg, Michael Johnson, Rod Blagojevich, Sinbad, and Curtis Stone.
The Celebrity Apprentice, hosted by Donald Trump, returns to NBC March 14.
While it still has a lot of work to do, Chrysler Group LLC is in much better shape than it was earlier last year. For those that don’t want to believe in Chrysler, the Auburn Hills automaker has launched a new campaign to reach out to consumers, suppliers and partners.
“This ad tells a story of Chrysler products bringing home loved ones throughout the years and our commitment to continuing to bring them home. It was important to tell this story during the holiday season because it is a time when families come together,” said Olivier Francois, Head of Marketing, Chrysler Group LLC. “We want current and future customers, suppliers and partners to know that we are here and we are committed to earning their trust and restoring our reputation.”
You can catch the ad during the bowl games going on right now or after the jump right here.
Hit the jump for the video.
Press Release:
Chrysler Group LLC Introduces New “Coming Home” Corporate Campaign
* New advertising campaign features Chrysler, Dodge, Jeep® and Ram vehicles throughout the years
* Aimed to inform consumers, suppliers and partners that Chrysler Group LLC is now a different company with a new alliance partner and a healthy product plan
Auburn Hills, Mich., Jan 1, 2010 – Chrysler Group LLC introduced today a new corporate advertising campaign designed to reach out to consumers as well as the company’s many suppliers and partners.
The new corporate campaign, “Coming Home,” was created in response to requests from Chrysler Group dealers and research conducted which found that consumers do not realize that Chrysler Group has emerged from bankruptcy and is now a different company with a new alliance partner and a healthy product plan.
The ad features a driver bringing home a leather travel bag throughout the years in various Chrysler, Dodge and Jeep® vehicles. The travel bag symbolizes the continuation of life with all Chrysler Group brands and is the string that ties the entire story together. While various Chrysler, Dodge and Jeep vehicles are featured throughout, the ad begins with a 1930’s Chrysler Airflow and ends with a 2010 Chrysler 300 sedan.
The 60-second ad was created and produced by the Chrysler brand’s advertising agency of record, Fallon, and is scheduled to air beginning January 1 – 4, 2010 during the following bowl games as well as the Chrysler, Dodge, Jeep and Ram brand web sites:
* Jan 1 – Rose Bowl, ABC
* Jan 1 – Outback Bowl, ESPN
* Jan 1 – Sugar Bowl, FOX
* Jan 2 – Liberty Bowl, ESPN
* Jan 2 – Liberty Bowl (Repeat), ESPN2
* Jan 4 – Fiesta Bowl, FOX
Goodbye, 2009. Typing “2009″ is so much easier than typing “2010″, but such is life. And folks who are better at using words than I am (”than me”?) say 2010 is pronounced “twenty-ten”, not “two-thousand ten”. Speaking of “2’s” and “1’s”, The U.S. Treasury had a record year of debt sales last year, selling more than $2.1 trillion in bonds and notes, a record and more than the amount in the previous two years combined
One traditional way of controlling a pipeline is to cancel a lock if the file doesn’t come in by a certain number of days after locking. It makes sense – “Give us some documents if the lock is real!” The most recent example is Union Bank of California, which has a minimum lock period of 60 days, who informs their brokers that “All loans will be re-priced at ‘the higher of’ when a package is not received within 30 days of lock expiration date.” UBOC also adjusted their lock breaking policy, which is available one time during original lock period and only after the loan submission: to current rate: 0.500 rebate, or one-eighth (0.125) higher than current rate for a reduced rebate of +.125% for loans with rebates or +.125% cost to points, or lastly split rate if at least .500 difference in rate: free.
As it happens at this time every year, lock desks are slowing down. The week before last, the MBAA’s application index dropped almost 11%, with refinancing down about 10% and purchases down almost 12%. One thing to note, which I find most distressing, is thatrefinancing accounts for almost 76% of apps. If rates move higher (why wouldn’t they if the economy improves?), and/or underwriting guidelines don’t loosen up (why would they given projected delinquencies?) what will this do to the average mortgage banker’s pipeline.
Filed under: Apple Corporate, Apple Financial, Steve Jobs
In an article on MarketWatch, Frank Cioffi explains why he believes Apple will deserve the investor’s attention in 2010. First off is continued strong iPod sales, and we’ve got to agree. After sustaining a rate at or above 10 million units sold per quarter, you’ve got to wonder, “Doesn’t everyone have one already?”
But seriously, the annual updates are compelling enough to prompt people to upgrade (iPod touch, nano with video) or cheap enough to warrant a second unit (iPod shuffle). Apple knows how to sell iPods and the trend should continue in the new year.
Also notable is Apple’s seemingly renewed commitment to the Apple TV. Once described as a “hobby,” Apple released version 3.0 of its software late last year. Also, there are rumors about that Apple is pursuing a subscription model with the major television networks. Expect to hear more from the Apple TV team in 2010.
Additionally, Cioffi focused on Steve Jobs himself.
“…Jobs’ determination is as extraordinary as his ability to create compelling products.”
After missing half of the year to recover from a liver transplant, Steve returned to work in June as promised and, from an outsider’s perspective at least, is back to business as usual. As Cioffi pointed out, what happened in Steve’s absence is even more important for Apple’s future: The stock continued to climb despite rumors of his rapidly-declining health and Apple demonstrated a strong bullpen of talent beyond Jobs.
Cioffi goes on to list strong Mac sales, the App Store’s performance and the ever-present tablet rumors as additional points of note, so go and read the rest of the article. Here’s to a prosperous 2010!
[Via AppleInsider]
TUAWMarketWatch: Keep your eye on Apple in 2010 originally appeared on The Unofficial Apple Weblog (TUAW) on Mon, 04 Jan 2010 10:00:00 EST. Please see our terms for use of feeds.
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Be sure to check out the gallery below for our extensive hands-on look at the camera, and check back later for some sample shots and additional impressions once we’ve had a chance to really put the Exilim G through its paces.
Gallery: Casio Exilim G EX-G1 hands-on
Casio Exilim G EX-G1 hands-on originally appeared on Engadget on Mon, 04 Jan 2010 09:30:00 EST. Please see our terms for use of feeds.
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There’s no such thing as stock market momentum, says Eugene Fama, the father of the Efficient Markets Hypothesis.
New York Times: Consider the yearly returns of the Dow Jones industrial average since 1896, the year the index was created. The Dow rose in 73 of those years. And in the year after each of those climbs, it rose 64 percent of the time. That’s statistically indistinguishable from the 65 percent frequency with which the Dow rose after years when the index fell.
These results suggest that the market’s performance in 2009 doesn’t increase the probability of a net gain in 2010. (The good news, of course, is that high frequency of yearly gains. That means you’re likely to make money if you buy and hold a broad portfolio of stocks over the long term.)
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In its recent look back on the first 10 years of the century, Time Magazine proclaimed the period to be “the decade from hell”. The editors made their case based on what they saw as the signature events of the past 10 years, notably the ravages of terrorism, failed wars, and a global financial crisis. Taken together, these factors produced an era that Time is convinced will be remembered as one of the low points in our history.
As the media hate to dwell on the negative, the commentary was rife with notes of optimism about pending recovery. It could hardly be accidental that in the very next issue, Fed Reserve chairman Ben Bernanke was named “Man of the Year” for his supposedly Herculean efforts to keep the economy afloat as we departed the Naughty Aughties. Although Time takes pains to point out that the “Person of the Year” honor reflects impact rather than adulation, its profile of the chairman was triumphant.
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