Tuesday, October 23, 2007

An Apple a Quarter

I guess some of these guys can afford the World Series tickets.

"Record Mac Sales Help Apple Earnings Climb 67% in Quarter"

Oh, that's nice!

We've got foreclosures, oil on the rise, wars too fund endlessly, but Apple raked in BIG $$$$$$!

'Cause they RIPPED YOU OFF!!!!

Betcha they can get WS tickets!

Ha-ha-ha!

Here's another group that can:

"Overseas Sales Results Give G.M. an Edge Over Toyota"

"General Motors outsold Toyota Motor in the first nine months of the year, buoyed by sales outside the United States.

Sales by Toyota in the United States, its largest overseas market, dropped each month of the third quarter, the longest stretch of declines since 1995.

G.M., based in Detroit, won customers in Brazil, Russia and China... The biggest boost for G.M. in the quarter came from its Latin America, Africa and Middle East region.

Sales by G.M. in North America, its largest market, declined 6.1 percent during the quarter."

Here's some more who can afford to go to the World Series!

"Chip Maker Posts Gain, but Lowers Its Forecast"

"Texas Instruments posted a 10 percent increase in quarterly profit yesterday"

"2 Drug Makers’ Profits Soar; One Runs Afoul of Wall St."

"Merck surpassed analysts’ expectations and its shares rose nearly 3 percent... Merck, based in Whitehouse Station, N.J., posted an increase in third-quarter profit of more than 62 percent, as revenue soared, and it raised its full-year earnings forecast. The drug maker reported net income of $1.53 billion, or 70 cents a share, in the period.

Schering-Plough’s profit more than doubled, but... it missed Wall Street expectations.The company, of Kenilworth, N.J., said net income rose to $713 million... its shares plunged more than 13 percent."

But NO HEALTH CARE for you, kiddos!!!


And some won't be able to go to a game. Awwww!


"G.M. to End Plant’s 3rd Shift" by the Associated Press

General Motors will end a third shift by the close of the year at its assembly plant near Lansing, Mich., and lay off about 1,000 workers, the company said yesterday.

The plant, which makes the Buick Enclave, Saturn Outlook and GMC Acadia crossover vehicles, has been operating on three shifts to meet initial demand for the new products.

“Demand is not slackening,” a company spokesman, Tom Wickham, said, but he added that the plant had the flexibility in two shifts to produce enough vehicles to satisfy demand."

[Gee, GM just made a boodle, too, from what I heard (see directly above, reader)!

Betcha they are going to the World Series.

But GET OUT, worker!

At least you can watch the World Series now, huh?]


"A prominent figure in the hedge fund industry, Julian H. Robertson Jr., said yesterday that the economy was heading for a “doozy of a recession.”

Robertson Jr., on CNBC:

I think the credit situation is worse than anybody realizes. I don’t think any of the normal indicators you would look at in the economy are really very strong. As a matter of fact, they are weak, and not really getting any better (New York Times October 20, 2007).”

Looks like a lot of us will be watching sports -- or REVOLTING!!!