Archive for July 14th, 2009
Ballmer Goes Nuts Again, Gets Confused As to What Type of Venue He’s At – Gizmodo
From Gizmodo
Steve Ballmer loves to play a lot of roles at Microsoft, and one that he takes great pleasure in is being a cheerleader to everyone who reports to someone who reports to someone under him. This ain’t the right way.
In what’s a very awkward ending to what seemed like a relatively calm interview, Ballmer bolts up goes into a crazy shout-fest, trying to excite the audience. Other than the fact that this should have been done at the start of the interview, the whole thing just seems inappropriate for the venue he’s at. The best part is the end, where it seems like he just bolts off the stage without saying goodbye or thanking the interviewer.
Man, is Ballmer a horrible public speaker. If Microsoft wants to revamp their image, it starts from the top.
(Via Gizmodo)
I know Ale is going to come after me after posting this blog! Sorry! =)
Goldman Posts Big Profits; Beats Forecasts – NYTimes.com
From the New York Times
Goldman Sachs comfortably exceeded analysts’ forecasts on Tuesday as the bank reported that it earned $3.44 billion, or $4.93 a share, in the second quarter.
The results continue a robust turnaround for Goldman since it rode out the final tumultuous months of last year with aid from the government’s banking rescue. The earnings announcement came just one month after the bank paid back $10 billion in federal aid.
Goldman’s profit was lifted by record quarterly revenue of $6.8 billion in its fixed income, currency and commodities unit, where mortgage and other credit instruments are traded, the bank said in a statement. This business has performed well because the bank has taken on greater levels of risk since the end of last year.
Its equity underwriting business also generated record net revenue, worth $736 million in the second quarter, Goldman said, as the bank benefited among other things from a rush by other troubled banks to issue shares and raise their capital levels.
Strong MacBook and iPhone sales to propel Apple stock
From AppleInsider
One week before Apple is set to report its third-quarter earnings, Minneapolis-based market analysis firm Piper Jaffray released a report suggesting the computer and portable device maker could beat street estimates on strong Mac and iPhone sales.
Given the recent successful launch of the iPhone 3GS and demand for the new unibody 13-inch MacBook Pro, the report, by senior research analyst Gene Munster, predicts that shares of AAPL stock will rise over the next three months.
Since Apple dropped the price of its 13-inch MacBook Pro to $1,199, demand has outpaced supply – so much so that the purchase lead-time is at levels not before seen by Piper Jaffray, which tracks turnaround for hardware orders.
‘Our records show that Apple has never had a 7-10 day delay on its most popular 13′ model, with the most recent significant delay being 5-7 days over 2 years,’ the report states. ‘We see this as a sign that demand is outpacing the company’s build expectations, and it may take several weeks to reach a supply demand equilibrium.’