Archive for the ‘2010’ tag
IMF World Economic Outlook Update
Last 7 July, the IMF updated its World Economic Outlook and is now expecting the world economy to grow at around 4.5% in 2010 and 4.25% in 2011. That is, increasing by 0.4 percentage points its growth estimate for 2010 and leaving 2011 intact.
This better short-term outlook for 2010 is product of a rosier picture in emerging economies (especially in Latin America and Developing Asia).
Apple’s tablet will be more than a niche product
From AppleInsider
A new financial analysis predicts that Apple’s yet-to-be-announced tablet will launch in early 2010 and sell about 2 million units in its first year — and at an estimated $600 each, that would be an additional $1.2 billion in revenue.
The report, from market research firm Piper Jaffray, states that potential revenue from such a device has not yet been included in forecast models for Apple on Wall Street. The firm predicts that the product would increase the company’s overall revenue by 3 percent in 2010.
‘While at first glance this may appear to address a niche market, we believe the addressable market is larger than that of the Apple TV, of which Apple sold about 1.2m in its first year,’ the report states.
Piper Jaffray analysts also shared inside information that further suggests that the tablet will launch in early 2010. That reaffirms claims made by AppleInsider’s own sources.
Will Apple CEO Headline CES ‘10?
From the WSJ blogs
Those snubbed by Apple CEO Steve Jobs take heart. He won’t return calls from Gary Shapiro, who heads the world’s largest consumer electronics industry trade group.
Shapiro is chief executive of the Consumer Electronics Association, the same group that puts on the Consumer Electronics Show each January for the last three decades. The Consumer Electronics Association says that Apple has been invited to attend the convention. Apple declined to comment.
At a dinner with journalists this week in San Francisco, CEA’s Shapiro was asked whether he’s invited Jobs, who recently returned from medical leave, to keynote the show. Yes, Jobs has been asked, but nobody from Apple has gotten back to him, Shapiro said.
This isn’t the first time he’s contacted Jobs and not gotten a response, he said. The journalists at the table took note of a fellow traveler in their midst — Jobs provides very few interviews. ‘I’m glad to hear I’m not the only one in that position,’ Shapiro then said.
Despite Apple’s star power, Shapiro has modest goals for next show’s attendance, that being matching last year’s. Attendance at CES ‘09 fell around 20%, as recession-weary companies slashed marketing and travel budgets. CES attendance, in some circles, is an unofficial but prescient forecast of consumer spending.
Meanwhile, Microsoft CEO Steve Ballmer and Intel CEO Paul Otellini say they will provide keynotes at the show.
UPDATE: Apple isn’t exhibiting at CES 2010, the CEA confirmed, quashing an earlier assertion from a Wall Street Journal blogger.
(Via WSJ blogs)
México caerá 8% en 2009 y crecerá 2.8% en 2010: OCDE
México, único país latinoamericano miembro de la Organización para la Cooperación y el Desarrollo Económicos, sufrirá este año una grave recesión de 8%, aunque se recuperará en 2010 con un crecimiento del 2.8%, según las previsiones de la OCDE.
El informe atribuye buena parte de la caída del Producto Interno Bruto (PIB) mexicano a la dependencia de la economía estadounidense, hundida en la recesión, y señala que ‘tras la fuerte caída en la primera mitad del año, exacerbada por el brote de gripe porcina, lo peor debería haber terminado’.
Por ello prevé que el crecimiento mexicano se recupere ‘a partir de finales de 2009, alcanzando tasas de crecimiento trimestrales por encima del 4% interanual durante 2010′.