The iPhones at that time
Executive shakeup at Ford to reinvent what it means to be an automaker Tribune wire reportsFord Motor Company on May 22 replaced its chief executive, Mark Fields, with former office furniture executive Jim Hackett. The 114 year old auto giant seeks to become a transformative company capable of taking on Silicon Valley darling Tesla and the coming revolution in smart driving. Fields retired..
The iPhones at that time, and particularly the older iPhones, weren’t as good as their Android counterparts at a similar price point. For example, the iPhone 5 selling for Rs 30,000 wasn’t as good as the Nexus 5 selling for a similar amount. But even as Apple refused to build a “cheap iPhone” for markets like India where it has a market share of less than 5 per cent the company cleverly put together a plan that would make the idea of “cheap iPhone” more or less redundant.
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We know that stocks today are no longer cheap. But that does not mean that their prices can’t go higher. Analysts are suggesting that corporate profits may rise 10 percent this year and another 10 percent in 2018. SubmitPlace an AdPost a JobSell a CarFor years, Robin Herbst kept a secret from her childhood friend Julie Miller. Then one day, Julie found her secret stash of slightly used (but not too used) tissues.Robin was mortified that Julie had uncovered one of the cheap tendencies she kept from most everyone and had no idea how she’d explain.”Robin, I do that, too,” Miller remembers exclaiming, overjoyed that she’d found someone else with the same dirty little secret.The two friends from Edina better get used to people knowing they’re cheap. The tissue thing is just one of the many “cheapisms” the money saving practices they employ despite the fact that not everyone would approve the two are sharing with the world in “The Cheap Book: The Official Guide to Embracing Your Inner Cheapskate.”Do you rewarm your coffee? Meld those tiny soap slices onto the larger bar? Save cotton balls out of medicine bottles? Then you’re a cheapo.There are dozens of such examples (some not for the easily disgusted) found in their book, which the 45 year olds began crafting in 2004.
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