Facebook went public on Friday, May 18, 2012. Trading for FB opened at $42.025 per share, giving the company a market capitalization of $72.76 Billion. However, Facebook closed it’s first day as a publicly traded stock down 9.3% at $38.105 per share. On it’s second day, Monday, May 21, it opened at $36.53 per share [...]
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Back in 1965, IBM CEO Thomas J. Watson, Jr, wrote, in IBM’s Basic Beliefs & Principles, “We accept our responsibilities as a corporate citizen in community, national, and world affairs; we serve our interests best when we serve the public interest…. We want to be at the forefront of those companies which are working to [...]
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Mark Landler and Edward Wong, covering Chinese Vice President Xi Jinping’s trip to the US, in the New York Times, Feb 14, With Edge, U.S. Greets China’s Heir Apparent, wrote, “On the list of American concerns, Mr. Biden said, were China’s artificially depressed currency and conditions imposed by the Chinese that require foreign companies to [...]
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In “The World Will Not End, and Other Predictions for 2012,” I wrote “Apple and IBM will continue to thrive. Microsoft will grow, slightly. Dell and HP will thrash. A share of Apple, which sold for $11 in December, 2001, and $380 in Dec. 2011, will sell for $480 in Dec. 2012.” Apple has already [...]
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RIMM
by L J Furman, MBA on December 18, 2011
in Apple, Cape Wind, Connecting the Dots, Ecological Disasters, Economics, Energy, Environmental Catastrophe, Microsoft, Middle East, Nuclear Energy, Oil, Outside the Box, President Obama, Renewable, Stock Market, Sustainabilty, Wind Power
Here are my top 10 predictions for 2012. These are less readings of the tea leaves or the entrails of goats and chickens and more simple extrapolations of patterns in progress. Altho that may be the way effective oracles. They just masked their observations with hocus pocus, mumbo-jumbo, and guts. This list runs a gamut [...]
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oil,
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Wind,
Wind Power
Many of us want to change the world. And we all to to varying extents. Some for the better, some for the worse, some significantly and dramatically, others less so. Steve Jobs changed the world significantly, dramatically and in many ways for the better. Because of their focus on “Computers for the rest of [...]
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Tweet I thought the market would crash in the wake of the Earthquake / Tsunami / Nuclear Meltdowns at Fukushima. It didn’t. However, something much less serious may be bringing the market – and the economy – to it’s knees. Politics. The Voice of America reported here that Standard & Poors downgraded US debt from AAA to AA+. [...]
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micro-economics,
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At a seminar on June 9, 2011, on securing the mobile worker, Apple‘s representative said “We truly did not understand what we built.” That’s a direct quote. He went on to say “Here’s how they use it at GE, and Hyatt, and in the pharmaceutical industry.” A few minutes later he said “When users tell [...]
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Sustainable Investing
“Microsoft sells different flavors of soda. Apple sells water, coffee, tea, beer, wine, vodka, cheese, meats, breads, … and it also sells soda.” Stock Price and Corporate Valuations On Oct. 28, 2010, Apple closed at 305.24, about 4% below its the historic high of 319, reached on October 18, 2010. Apple’s earnings per share, EPS, [...]
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Apple, Blackberry, Dell, HP, Lenovo, Motorola, Panasonic, Sony, Toshiba and other consumer electronics companies can be less unsustainable than their competitors and less unsustainable tomorrow than they are today. However, given: The state of the art in manufacturing, Electronics are made with designs that are supplanted before they wear out, and Recycling consumer electronics is [...]
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Toshiba
Farshad Manjoo, “10 Lessons from the Coolest Company, Anywhere,” in Fast Company, offers some interesting history and observations on Apple. He writes: The one-time underdog from Cupertino is the biggest music company in the world and soon may rule the market for e-books as well. What’s next? Farming? Toothbrushes? Fixing the airline industry? As much [...]
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