Apple reported its “most profitable quarter ever” after the market closed today. Check out these numbers: Profits up 47%. Revenue up 25% to $9.87 billion. 7.4 million iPhone’s sold, up 7% from…
Category: Economy
Did Domainers Call The Stock Market Bottom?
I published a poll back on March 7, 2009 asking you to pick the stock market bottom, just about a week before, it hit, what is regarded to be the bottom, (the…
Bigger Game Changer: GM Selling New Cars On eBay, Or Cars Using Only 50 Gallons Of Gas A Year?
GM, the new GM has two major announcements in the last couple of days which has huge implications for not only this car manufacture but the automotive industry. First GM announced its…
How Bad Is The Economy? “Joe The Webmaster” Can’t Get A $25 Renewal Fee Approved
So a good friend of mine, who operates one of the largest adult websites in the world, let’s call him Joe the website owner, tells me that starting just about 30 days…
Sign of the Times: NASDAQ Starts Bailout Index
According to USA TODAY, the NASDAQ started the Government Relief Stock Index, that tracks the performance of publicly traded companies that have accepted government bailout money, under the Troubled Asset Relief Program…
Has the Net Killed Brick and Mortar Retailing?
According to a new report by the International Council of Shopping Centers (ICSC), up to 73,000 brick and mortar retail establishments could close in just the first half of 2009. The ICSC…
NY Times: Online and Print Ad Revenue Down
The New York Times Company, announced today that total revenues for the company had fallen 13.9% in November compared with a year ago. Ad revenues were down 20.9%. Most worrisome: Internet revenues,…