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Print 63 comment(s) - last by BansheeX.. on Feb 24 at 1:43 AM

After a rough fourth quarter, NAND manufacturers hoped to get a break and instead they got slammed by more bad news, this time from Apple

Apple Inc. last year spent $1.2B USD on NAND flash memory for its consumer electronics devices.  Most of Apple's wildly popular iPod family sports the memory -- the iPod Shuffle, the iPod Nano, and the iPod Touches all use it for storage.  The iPhone also uses NAND, further increasing Apple's already sizable NAND appetite.  Thus Apple's decision hold a significant sway on NAND's fate.

Perhaps predicting slow iPod/iPhone growth, Apple dramatically scaled back its NAND predictions for 2008, sending NAND manufacturers into a panic.  The news, which also may signal bad news for Apple, may be a reflection of the sagging of the U.S. economy, burdened by the U.S. sub-prime mortgage crisis, which has led many analysts to predict a rather dire consumer market for the year.  Apple continues to cut prices in hopes of keeping sales alive, but the outlook is still far from rosy.

iSuppli announced the shifting estimate from Apple on Wednesday, stating, "Apple Inc. has slashed its 2008 NAND order forecast significantly and has informed suppliers that its demand growth will slow in 2008 compared to 2007."

Before iSuppli had predicted a 32% increase in NAND orders for 2008 from Apple.  The change caused iSuppli to drop its estimate for global NAND growth from 27 percent to "single digit" percentage growth from last year's $13.9B USD market.  According to iSuppli in Q1 '08 NAND manufacturers will also invest a 20 percent increase in capital spending, which will increase capacity and lower prices for the consumer, but add further to the suppliers financial woes. 

The year of 2007 held mixed results for NAND suppliers, but still may be looked back fondly upon in comparison to 2008.  In 2007 NAND overall saw 12.5 percent growth.  However in Q3 and Q4 of 2007, six of the top eight NAND producers saw sequential declines in revenue.  Only Micron and Intel escaped this trend.  Samsung and Toshiba, who hold the number one and two spots respectively, were among the losers, but remain on top of the struggling market.

Some top tier NAND suppliers vested in DRAM production as well will get doubly hit, as DRAM is supposed to have an extremely poor year as well, experiencing poor growth of only 4 percent.  While single digit growth may seem acceptable to some, the constant demands for increased capacity at lower prices means that single digit growth typically equates to significant revenue losses.


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Rotten ecomomy?
By iFX on 2/21/2008 2:37:07 PM , Rating: 2
The housing market may not being doing so hot at the moment but the economy as a whole is not rotten. DailyTech even posted an article just last week about IT salaries being the highest they have been in years.




RE: Rotten ecomomy?
By JasonMick (blog) on 2/21/2008 2:50:17 PM , Rating: 4
Or the IT industry is just that valuable, that they command a premier salary even in tough times.

Not necessarily contradicting you, just giving another logical scenario. The economy does seem to be struggling. I was reading in a financial planning magazine that the majority of analysts agree that the U.S. is currently in the midst of a recession. Whether this is true or not seems open for debate, but it certainly seems the prevalent attitude in financial circles for 2008 isn't too optimistic.


RE: Rotten ecomomy?
By GhandiInstinct on 2/21/2008 3:01:02 PM , Rating: 2
Pale Rider,

You listen or watch news anywhere recently? Recession is the most popular term going for three months now.


RE: Rotten ecomomy?
By Crucial on 2/21/2008 3:06:10 PM , Rating: 2
Just because the talking heads keep spouting off about recession doesn't mean it's happening like they say.


RE: Rotten ecomomy?
By h0kiez on 2/21/2008 3:13:38 PM , Rating: 2
Oh, it's happening. The dollar is going to crumble thanks to the genius economic policies of our leaders. Our dependence on oil will have us sucking at the teet even when it'll be close to $4/gallon later this year. The consumer price index numbers that just came out showed prices 4.2% in the last year. Did you get a 4.2% or greater raise? Maybe you did...but I doubt the average Joe did. American consumer and government (emphasis on the government) spending is out of control and unsustainable. America will eventually be a shill of its former self.

Got me thinking about a recent Digg article that quotes:

""A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.""


RE: Rotten ecomomy?
By FITCamaro on 2/21/08, Rating: 0
RE: Rotten ecomomy?
By themadmilkman on 2/21/08, Rating: 0
RE: Rotten ecomomy?
By clovell on 2/21/2008 4:52:49 PM , Rating: 2
It's actually a fairly well-studied and proven economic theory that tax breaks don't negatively impact tax revenues.


RE: Rotten ecomomy?
By Ringold on 2/21/2008 7:05:55 PM , Rating: 2
To add to that, Google and take a gander at the capital gains tax revenues from the 80s; you'll see steady increases until 1986, when it is learned in the last 3 months of the year that 1987 will see a significantly higher rate. Investors scramble to take all the capital gains they possibly can that year, and then tax revenue collapses, not to return to 1985 levels until 1995. The tax hike lowered revenue.

It's a thing of beauty.


RE: Rotten ecomomy?
By NarcoticHobo on 2/22/2008 12:53:24 AM , Rating: 3
Actually that is referred to as the Laffer curve, something heavily ingrained in supply side economics. Far from being a well-studied and "proven" economic theory it is actually the most controversial theory in all of modern economics.

While there have been documented cases of revenue not decreasing due to tax breaks, there are plenty of documented cases showing the opposite as well.

Just be careful what we are throwing around as facts.


RE: Rotten ecomomy?
By clovell on 2/22/2008 11:09:01 AM , Rating: 2
I was driving more at the 'prime the pump' philosophy than I was at the Laffer curve - which essentially is an illustration that tax rates reach a point of diminishing returns.


RE: Rotten ecomomy?
By Ringold on 2/22/2008 11:13:32 AM , Rating: 2
Of course if you raise tax rates then often enough tax revenue will increase.

However, that's extremely myopic, dealing only in the short term. There's less debate than you let on that higher tax rates lower growth, leading over time to lower tax revenues than the government would have otherwise (within an applicable range of tax rates) -- and, of course, less overall prosperity for the nations economy.

Feel free to google the "Irish miracle." Reaganomics + good oversight (renewed focus on education, for example) took one of the worst economies in Europe and completely turned it around.


RE: Rotten ecomomy?
By Samus on 2/23/2008 8:21:39 AM , Rating: 2
No matter who you vote for, we are still a democracy, FIT. He isn't talking about a party, he's talking about the system. Democratic systems run by democrats or republicans have the same key flaws previously stated.


RE: Rotten ecomomy?
By BansheeX on 2/24/2008 1:43:43 AM , Rating: 2
We are not a democracy, we are a REPUBLIC. What your dumbfck politicians and media chirp to you all day doesn't change this. This has nothing to do with what the party terms democrat and republican have come to define, hence the confusion. Democracy is mob rule while a republic enforces a constitution to protect individual rights from the tyranny of the majority. I suggest you google democracy vs republic and figure this out.

"and to the republic, for which it stands..."


RE: Rotten ecomomy?
By ebakke on 2/21/2008 3:55:04 PM , Rating: 2
Oh cripes. The economy is doing just fine. I hate this damn fear mongering.

Fairly well written article:
http://online.wsj.com/public/article_print/SB12014...


RE: Rotten ecomomy?
By FITCamaro on 2/21/2008 4:06:16 PM , Rating: 2
I agree. I think if there was a recession, it would be because mainstream media caused it by creating a panic.


RE: Rotten ecomomy?
By BansheeX on 2/21/2008 10:14:15 PM , Rating: 2
Oh, brother, here we go again with nominal values adjusted with worthless government statistics. Then end is particularly telling "Keep the faith. Now is a great time to buy." That should just jump out and scream at you. Luskin was calling the bottom last fall and telling people to buy with both fists, and you would have lost big if you did. But I'm guessing you don't understand the stock market enough to see the red flag.

http://www.youtube.com/watch?v=emvMqjtcO7o

There, now you have a small crash course. Schiff always has been an excellent orator for the average joe.

The nominal GDP rate of growth is gotten by assuming annualized inflation that is grossly, grossly below what it actually is. You need only go outside every once in a while to see that reality is far outpacing this number. Commodity prices are simply jetpacking right now to all-time highs with no signs of slowing down. What was oil today? $100 a barrel, with many predicting $150? If you read any articles that are critical of the CPI figures and how they are calculated and how they have changed over the years, you will see that the federal reserve is blatantly trying to mask inflation so that the masses will glaze over nominally-obsessed corporate cheerleader articles such as the one you just referenced. Because the borrow and spend system is largely dependent on the consumer and investor confidence to prop it up.

http://www.youtube.com/watch?v=-w5pSm_BLGU


RE: Rotten ecomomy?
By stonemetal on 2/21/2008 4:08:48 PM , Rating: 2
no thanks I will take my economic punditry from someone who knows the difference between shell and shill. The thing with the sub prime market is just that the sub prime market. They didn't have any money to spend any way that is why they were sub prime to begin with. All those defaulted properties still have value so the lenders aren't out much except the loss in property value from trying to move so much property at once. What is killing us right now is the appearance of weakness not actual weakness.


RE: Rotten ecomomy?
By callmeroy on 2/22/2008 10:21:50 AM , Rating: 2
quote:
The thing with the sub prime market is just that the sub prime market. They didn't have any money to spend any way that is why they were sub prime to begin with. All those defaulted properties still have value so the lenders aren't out much except the loss in property value from trying to move so much property at once.


You know I never do just assume people on the 'net know what they are talking about but its a strange feeling when you actually catch someone saying something that you know for FACT is wrong.

The mortgage industry is in dire straits indeed and to say the lenders aren't out much is silly indeed. Historic losses have been taken in the mortage industry as of late, historic.

Hundreds of independent mortgage firms across the country have folded completely. One of the behemoths of the industry, Countrywide (which btw was THE largest ) had to rely on BoA to bail them out. Over 100k jobs in the industry have been lost up to now, with more losses predicted before the next quarter, let alone the year is done.

If you don't think the mortgage market crisis is a big deal or not much of a loss - you really don't understand either the true condition of the market right now nor the importance the mortgage industry has on the national economy as a whole.

The biggest purchase and greatest material asset one can make/own is your home. It doesn't take an economics major to figure out how a major industry, a major economic engine to a country's economy has rippling affects into other industries.

I wish some of the information our company passes around internally could be posted here, but I could get in trouble if I did that.

Btw, I work for a mortgage company (well for now - its getting pretty scary).


RE: Rotten ecomomy?
By gramboh on 2/22/2008 3:13:05 PM , Rating: 2
Excellent points, to downplay it as minimal loses is insane. Two other things:

1) The sub-prime issue is not just with the intial lenders, but the fact that these rotten mortgages were packaged into deals sold on a secondary market is screwing over other institutional investors (who some would argue were mislead over risk). Also, there is a huge impact on overall market confidence. This hit our markets in Canada as well due to our trade relations.

2) My current fear is a coming consumer credit crisis. I don't have the actual stats handy, but the average amount of American consumer credit card debt is frightening. A slight downturn in the economy where jobs are lost or wages do not grow or housing devaluation could cause a nasty cascade if all these bozos who have $30k of CC debt on useless consumer goods start defaulting.


RE: Rotten ecomomy?
By rcc on 2/21/2008 4:41:58 PM , Rating: 3
Thats why the founding fathers did not set up a democracy. The U.S. Government is a form of Republic


RE: Rotten ecomomy?
By Aloonatic on 2/22/2008 4:47:59 AM , Rating: 2
Would love to know where that quote was from.

It pretty much sums up the state of play in the UK.

We've had 10 years of Blair/Brown's NuLabour government and their benefits packages paid directly into the electorates bank accounts have all but destroyed the democratic process in many areas of the UK, if not the country as a whole.

NuLabour can do pretty much whatever they like and lots of the electorate are too financially dependent on the benefits they receive to dare to vote them out of power.

Luckly it would seem that, as the economy worsens, this policy is becoming harder for them to finance and the rest of the UK are getting sick of the ridiculous stealth taxs/charges and fines that they are being forced to pay just to keep Gordon and his cronies in power.

Not sure what that has to do with Apple and Memory chips :-s

I think I need to sit down quietly for a minute :)


RE: Rotten ecomomy?
By jhinoz on 2/22/2008 5:33:00 AM , Rating: 2
going off topic seems to be in fashion around here anyways.

on your point, and against the quote in question, the australian public voted in a labor party government that promised slightly less public spending that the liberal/national coalition party, ending over a decade of liberal government.

during this time, the gov. had a pretty decent budget surplus to play with yet we still voted for less spending?


RE: Rotten ecomomy?
By emarston on 2/22/2008 11:02:52 AM , Rating: 2
The dollar has been artificially high for too long. While I'm not totally happy with the fact that my money doesn't go as far right now, this does bring more balance to trade. If the value of the dollar is less than our "trade deficit" is less as well since the foreign currencies are worth more. Of course, China, while sort of floating their currency now, still is artificially limiting it's value for precisely this reason. Our desire for cheap goods continues to fuel this.

We'll never be the economic power we were decades ago though. Other countries of the world want their piece of the pie.


RE: Rotten ecomomy?
By teckytech9 on 2/23/2008 1:44:16 AM , Rating: 2
It has been estimated that within eight years time, the average low-skilled job in America will be equal in monetary value to the same job performed today in China.

China will not only produce US goods and services, but will be able to afford them as well. When this happens, US companies will find little incentives to outsource any more jobs overseas, and will instead, receive an influx of jobs supporting foreign companies.

In the meantime, foreign capital will continue to bail-out US companies that have mismanaged their funds due to greed, corruption, and predatory lending practices.


RE: Rotten ecomomy?
By Mitch101 on 2/21/2008 3:09:24 PM , Rating: 2
The billions written off by the sub prime lending/lending/banking industry will have a major effect of the economy. Many people overextended themselves with get rich quick ideas of a housing boom trying to turn over the house in 2 years before their sub prime reset with no way housing could ever collapse and it has in many places.

My old house in NJ is worth $56,000 less than what I sold it for. There have already been a lot of layoff's but its going to get worse as they cut staff to make up for losses/poor judgement/risky loans as more sub primes reset.

What is extremely poor is the feds pretend that adjusting the rates will save the country from a recession when the real issues are Increased Taxes, Insurance, and fuel costs. Fuel costs alone effect everything we buy.

In simple terms everything is more expensive and people have less money and their will be less jobs and companies will pay less or move the jobs to places where they can pay less. This is why places like NC/TX/TN/OH are experiencing rapid growth because they can pay someone a lot less than hiring someone in the NY/CA area to do the same job.

Recently I had the opportunity to hire 6 blackberry admins. I got them in Texas for $300,000 a year less than NY. We also hired several Exchange admins in Charlotte for a large sum less about a half mil less than doing it out of our NY office.

Before anyone starts saying Charlotte? Hillbilly's who use Winders and live in trailers. Realize that Microsoft has a call center out of Charlotte. Most are former Microsoft call center employee's.

Big City Big money days are limited.

Because it hasn't hit you or your field yet doesn't mean it wont effect you.


RE: Rotten ecomomy?
By gramboh on 2/22/2008 3:49:18 PM , Rating: 2
Why was this voted down? WTF? Good post, would rate up if I could.


RE: Rotten ecomomy?
By Spivonious on 2/21/2008 3:22:56 PM , Rating: 2
All those people who now can't afford their mortgage payments (and who never should have bought the house in the first place, but I digress...) can't afford to spend money on other things, particularly luxury items like iPods, cell phones, computers, TVs, etc. This is affecting the entire retail industry.

Saying the housing market and the economy aren't connected is just plain wrong.


RE: Rotten ecomomy?
By ebakke on 2/21/2008 6:30:59 PM , Rating: 2
He never said they weren't connected. He said they weren't the same.


RE: Rotten ecomomy?
By BansheeX on 2/21/2008 3:52:16 PM , Rating: 2
quote:
The housing market may not being doing so hot at the moment but the economy as a whole is not rotten. DailyTech even posted an article just last week about IT salaries being the highest they have been in years.


Nominal values mean nothing, this is what fools most people. Zimbabwe has plenty of billionaires, but their money isn't worth anything. The value that matters is the value of your money relative to other goods. If your salary is going up 3% every year, but inflation is outpacing it at 8% (in other words, prices of things you BUY with that money you're making), you're LOSING, not gaining. Salary nominal values being higher than historical salary nominal values don't really matter. And before anyone tries to post government statistics to "refute" this, please don't and buy a clue instead.

If you do some research, you'll realize that the housing market was a replacement bubble created by the fed after the tech stock bubble collapsed. To avoid a recession in the late 90s, interest rates were lowered to an artificial 1% for an entire year. Holding them there that low for that long caused a phony economic demand boom and encouraged easy credit getting poured out to people who had no business getting it, thus freeing up their income to the economy itself, avoiding the recession we needed to purge ourselves of those losses. So although it gave the appearance of economic growth, it was really just a short-term illusion because the equity value these people were buying into wasn't real. This basically delayed a recession we were supposed to have in the 90s into a bigger one much later when the phony home equity bubble collapsed, which is happening now. Since a recession is politically unacceptable, a laughable stimulus package is being made to borrow even more money the country doesn't have to give directly to Americans who are now cutting back on consumption as a result of their home foreclosures, in the hopes that it will "fix" the problem. But all it does is fuel the problem by creating more inflation. In layman's terms, it's like thinking all our problems can be solved by the fed printing a million dollars for each American. Err, no, that's not how it works. That's what inflation is, a debasement of currency value by having too many dollars chasing a finite amount of goods.

The only candidate who had a clue about the severity and sustainability of our problems was Ron Paul, and nobody voted for him. Many are now predicting a second depression somewhere around 2010/2011, given the big-spending policies of the other candidates and the general ignorance of the situation. You could write far more about it, but let's just say that the world is not as dependent on us as they used to be because we don't really manufacture anything. We just borrow our way to wealth, and the props the dollar is currently getting from foreigners will quickly erode when they realize the idiocy of investing in an overleveraged citizenry with a dog of currency and few exports.


RE: Rotten ecomomy?
By FITCamaro on 2/21/2008 3:57:43 PM , Rating: 4
quote:
the world is not as dependent on us as they used to be because we don't really manufacture anything.


You can thank our brilliant CEOs for moving everything overseas because it was good for profits. They forgot the fact that if we don't have any money, we can't buy their goods regardless of how cheap it is.


RE: Rotten ecomomy?
By BansheeX on 2/21/2008 4:10:37 PM , Rating: 3
Ah, but you're forgetting how government overregulation and bad economic policy gives the companies the incentive to go overseas in the first place. The blame cannot be placed squarely on them.


RE: Rotten ecomomy?
By teldar on 2/21/2008 4:20:35 PM , Rating: 2
He's also forgetting how the american unions priced themselves out of existence by demanding wages far above the quality of the work they produced. Look at the automotive industry. GM lost $39B in one quarter. I don't care if some of it was accounting magic. If a company can show a $39B loss, they're hemorrhaging cash, plain and simple. What was the cause? Substandard quality and excessive liability.

T


RE: Rotten ecomomy?
By FITCamaro on 2/22/2008 10:26:26 AM , Rating: 2
Yes there were reasons, but still, they didn't look at the bigger picture.

And as for the guys comment on unions, yes some unions are a huge problem but not all industries have them. And not all unions are bad. The UAW definitely killed automotive manufacturing in America though. Many UAW workers earn more than level 2 and 3 engineers with nothing more than a high school diploma and they wonder why the companies want to ship the jobs overseas or cut their pay. Unskilled labor in a factory shouldn't pay $50,000 a year much less the $75,000+ some are making.


RE: Rotten ecomomy?
By mdogs444 on 2/21/2008 4:18:22 PM , Rating: 2
EPA Regulations in USA? Yes, creates a much higher production cost. That is one major reason for the shift to other countries.


RE: Rotten ecomomy?
By BansheeX on 2/21/2008 10:31:36 PM , Rating: 2
The EPA is an interesting ABC agency that oftentimes oversteps its bounds under the pretense of doing what's best for you (like most unconstitutional government agencies). The real problem in this country is a lack of understanding of private property rights, the free market, and the belief that state and local governments need federal agencies to oversee the affairs of a populace who already has a vested interest in their own economic and bodily health. The only thing they're really good at is appropriating taxpayer money to fund their often goofy and unscientific efforts.

http://www.ronpaullibrary.org/document.php?id=154

I also recommend Friedman. He makes the brains of socialist big-government people explode.

http://www.youtube.com/watch?v=JfdRpyfEmBE

I suppose next I'll have to explain NAFTA and how fails to offset tariffs on U.S. exports and gives big corporations the cheap labor and coercive alliances they need to drive small domestic businesses into the gutter.


RE: Rotten ecomomy?
By Ringold on 2/22/2008 11:23:22 AM , Rating: 2
quote:
I also recommend Friedman. He makes the brains of socialist big-government people explode.


In order for that to happen, socialists would have to actually think about what he's saying. His ideas are so completely alien to the entire framework through which they view their lives and the entire world that in my experience Friedman rolls off liberals like water rolls off a duck. Entertaining both his ideas and maintaining their own world view is about as stable as mixing matter and antimatter, so it just doesn't happen. :\

He was one of the greatest proponents of modern neoclassical economics (or whatever one wants to call the resurgence of modernized neoclassical economics in response to nearly a wasted century in pursuit of communism) to ever live.


RE: Rotten ecomomy?
By BansheeX on 2/21/2008 10:46:08 PM , Rating: 2
Sorry, this Friedman clip actually touches on the environment issue a bit more.

http://www.youtube.com/watch?v=0PaN9M4WwHw


RE: Rotten ecomomy?
By Capt Caveman on 2/21/2008 4:26:12 PM , Rating: 2
Dice just reported that IT companies paid out on average only a 2% merit increase for last year. That's crap. Times are not good overall.


RE: Rotten ecomomy?
By Mitch101 on 2/21/2008 5:40:24 PM , Rating: 2
IT is going down in a lot of places. Probably too many consulting agencies trying to make the glory days money and taking too much off the top of techs. Tech's in turn have no loyalty to the company because the only way to get an increase is to quit and work for someone else.


RE: Rotten ecomomy?
By mindless1 on 2/21/2008 6:05:19 PM , Rating: 2
Yes, when you outsource millions of lower paying jobs then the "average" artificially seems higher without any real improvement.


RE: Rotten ecomomy?
By Ringold on 2/22/2008 11:35:27 AM , Rating: 2
That would make sense...

If unemployment wasn't low and median household incomes hadn't trended strongly up from 1990-2003, during the heaviest of the outsourcing. (from 40,873 to 45,016, according to wikipedia)

The economy isn't strong at the moment, sure, but no need to make it worse then it really is.


Three Words
By falacy on 2/21/2008 3:17:28 PM , Rating: 2
Made in USA

OR

Made in Canada

OR (at the very least)

Made in North America

What do people expect when wages are so low that the vast majority of North Americans (Canada, USA, Mexico) are too poor justify purchases and really only buy things with credit these days? Plain and simple, if we stopped buying things that weren't made in North America, then there would be a greater demand for North American products, thus more manufacturing jobs in North America, thus more disposable income, because manufacturing jobs pay more than service industry jobs. Even if these jobs didn't pay more, there would be a longer chain of jobs per product in N.A., as each plant is supplied with parts and services from other companies (Actually, it's a pretty fun game to take a product and try to trace it all the way back to the raw materials that were involved in crearting it, including the raw materials that made up the equipment that were required to make the product, and so on - in short, it's not possible, because one always ends up with a "chicken and the egg" conclusion).

More jobs means more money means more consumer spending, which equals a strong economy.




RE: Three Words
By AlphaVirus on 2/21/2008 3:36:52 PM , Rating: 2
So the main problem we have are the larger corporations going to China/India/Indonesia/etc to get cheap labor when they can use what they have on their own soil.

You are totally right though, people are living above their means and when they can not afford something with their own money they are quick to get it with some form of credit (debt).

Also Unemployment and Welfare are a bit draining on the economy as well, because it causes people to not want to work or just "live off the government".

I am not pointing fingers at any single group because we all have a piece of the pie to deal with.


RE: Three Words
By FITCamaro on 2/21/08, Rating: 0
RE: Three Words
By Mitch101 on 2/21/2008 5:42:28 PM , Rating: 2
Unless your an American Indian you are an Immigrant or related to an Immigrant.


RE: Three Words
By ebakke on 2/21/2008 6:37:57 PM , Rating: 2
You don't need to capitalize all Nouns in the Sentence.


RE: Three Words
By Mitch101 on 2/22/2008 9:57:49 AM , Rating: 2
Thankyou for pointing that out but the article/comment is not about literacy or my poor American education.

If you want to grade people on their literacy become a teacher. From my above capitalizing of nouns its obvious we need good teachers in our education system.


RE: Three Words
By ebakke on 2/22/2008 2:19:13 PM , Rating: 2
And motivated students.


RE: Three Words
By Mitch101 on 2/22/2008 2:52:21 PM , Rating: 2
Not only motivated students but respectful. I read an article from a 70 year old teacher who taught in the 50's and 60's. She laughs about how everyone says their kids don't get enough attention and that their are too many students per teacher in the schools today. She found this funny because she at one point taught over 50 students in a classroom. She stated students back then were much more respectable toward their teachers and dare I say they were more disciplined than today's students. Today a lot of kids have no respect and would mouth off at their teachers without feeling any remorse or get any form of punishment from their parents for doing so. Thus problem students of today can bring down an entire class. Teachers need more authority today and parents need to get their kids in line.

Too many parents trying to be their kids friends instead of their parents.


RE: Three Words
By sweetsauce on 2/21/2008 6:31:14 PM , Rating: 2
Hmmm i believe it was McCain that wanted amnesty was it not? So easy to blame everything on democrats isn't it. When its not democrats, its the liberal media. I think you should blame them next.


RE: Three Words
By Ringold on 2/21/2008 7:21:10 PM , Rating: 2
The amnesty bill didn't pass because of a few things:

1. American's, mostly pissed off conservatives, swarmed congressional offices and staged large protests. Orlando's House rep's office was basically under siege for a week.

2. Republican's thought the amnesty bill was too easy on illegals.

3. Democrat's thought it lacked compassion (it would've ended the practice of letting whole families flood in if one managed to get in, instead prioritizing people with job skills for entry to the country) and in general was too hard on them.

McCain isn't perfect, but I'll take a middle of the road position over a far-left one any day. At least with him there is hope of pushing him further away from the amnesty bill. Taking an Obama or Clinton and pushing them clear to the other side of the issue would be near impossible.


RE: Three Words
By BansheeX on 2/21/2008 4:07:03 PM , Rating: 2
quote:
So the main problem we have are the larger corporations going to China/India/Indonesia/etc to get cheap labor when they can use what they have on their own soil.


But that's not the fault of companies, that's the fault of government overregulation and Keynsian economics. There would be far less incentive for companies to go overseas if labor here was not made so much more expensive by crappy economic policy, managed trade, and disadvantageous legislation like Sarbanes-Oxley. And yet what do the ignorant masses call for more of? More government spending! More regulations on the free market! More redistribution of wealth to stop the greedy capitalists! And predictably, things dont' get better, they get worse, and then guess what they call for again?


RE: Three Words
By ebakke on 2/21/2008 6:39:49 PM , Rating: 2
Enough of your logic and reason!

More government spending! More regulations on the free market! More redistribution of wealth to stop the greedy capitalists!


price cuts
By mattclary on 2/21/2008 4:10:37 PM , Rating: 2
quote:
Apple continues to cut prices in hopes of keeping sales alive, but the outlook is still far from rosy.


I said it in the comments of the linked article, and I will say it again. Those are not "price cuts", those are "inventory reduction sale prices". If in 3 months you can get those items at those prices, then I will admit I was wrong. Apple is phasing those models out, so of course they are reducing the price, to make room for new inventory.




RE: price cuts
By Aerius on 2/21/2008 8:38:49 PM , Rating: 2
Basically Apple said flat out that they expect 2008 to be mediocre, and then they followed through on the supply side. Of course you know better than Apple.

Clearly Apple is cutting their NAND orders because they created some new super technology that doesn't require it. Steve Jobs was tricking everybody by lowering their sales projections for 2008 as well. He was helping smart people like you by nailing his own stock price so that you could buy in cheaper. Thanks for clearing it up.


RE: price cuts
By xsilver on 2/21/2008 9:03:23 PM , Rating: 2
well for 2006 if you had a nand flash player or better yet a ipod nano, you were uber cool.

In 2007 if you had an ipod nano, you were just one among many.

in 2008 if you had an ipod nano, nobody is going to care.
the ipod nano i believe has its days numbered as it is receiving pressure from smartphones that also play mp3's and have sd slot storage for 4gb+.
The nano is also becoming a commodity item so price rather than "cool" demand is going to drive more sales.


RE: price cuts
By mattclary on 2/22/2008 11:44:28 AM , Rating: 2
Not sure I understand your post. It sounds kind of sarcastic, but you seem to be on a different subject than I am.

I am talking about the Apple "price cuts" on products that they plan to replace in the market with higher capacity products. My point is that announcing "price cuts" on products that are, in effect, on clearance sale, is not really a price cut so much as an inventory reduction sale.

It's like Ford announcing a price reduction on 2007 F150s.


Poor Apple... =(
By retrospooty on 2/21/2008 2:28:04 PM , Rating: 2
Now not as many people can afford a $400 phone w/2year contract. It really must be rough for Apple.




RE: Poor Apple... =(
By eye smite on 2/21/2008 2:32:19 PM , Rating: 5
Well that and I'm sure the market is starting to be saturated at this point with ipods and it's copy cats, so it's natural for it to slow down.


RE: Poor Apple... =(
By mdogs444 on 2/21/08, Rating: 0
quick correction
By pauluskc on 2/21/2008 3:17:46 PM , Rating: 2
quote:
After a rough fourth quarter, NAND manufacturers hoped to get a break and instead they got slammed by more band news, this time from Apple


Yeah. I'd hate to hear any new music news from Apple. MTV perhaps, but not from the sellers.




Yes indeed
By crystal clear on 2/22/2008 7:24:13 AM , Rating: 1
quote:
may be a reflection of the sagging of the U.S. economy, burdened by the U.S. sub-prime mortgage crisis, which has led many analysts to predict a rather dire consumer market for the year.


Many of the commentattors have misunderstood/misinterpreted
the statement,or even taken out of context this remark.

The author himself is not sure but gives a poosible explaination with the words "may be a reflection of the sagging of the U.S. economy".

He is correct in his analysis of the economic situation.

The 1Q 08 will experience a gradual slow down of the economy
with a full blown recession coming in by 2H 08.

Its not only the sub prime crisis but a combination of other factors/developments that ushers in an economic crisis.





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