Roger Martin, RIM Director:
I laugh at the vast majority of critics when they say ‘Oh, you should have made this CEO transition, like, four years ago.’ Yeah, right – like, to who?
So we’re supposed to hand it over to children, or morons from the outside who will destroy the company?
He’s right. The customers can’t get it in their heads that Blackberry devices are perfect. And the investors … well, they’re all morons.
MG Siegler:
In order to acquire such a company at the market price Google sets, it would take something like $14 trillion.
Via parislemon
Dan Frommer:
Actually, it’s pretty amazing that Yahoo is still around and is still one of the biggest Internet companies in the world.
Via SplatF
The WebOS saga continues, even after they made the big announcement.
Todd Bradley, Leader HP Personal Systems Group, August 30, 2011:
Tablet computing is a segment of the market that’s relevant, absolutely.
HP spokesman, August 31, 2011:
The speed at which it disappeared from inventory has been stunning. We have decided to produce one last run of TouchPads to meet unfulfilled demand
Obviously, this is all part of the bigger picture and it fits right in HP’s one year plan:
Let’s say you were given a year to kill Hewlett-Packard. Here’s how you do it
Ronald Bailey, Reason Magazine:
Standing on the edge of the immense and spectacular pit of an oil sands mine for the first time last week, I was surprised by a sense of exhilaration. Later, seven stories up, equipped with earplugs, and clad in bright blue overalls, I marveled at the cascades of black bitumen froth bubbling over the sides of a seperation cell like a giant witch’s cauldron. The scale of the enterprise and the sheer ingenuity involved in wresting value and sustenance from the hands of a stingy Mother Nature provoked in me a feeling close to glory.
Full article at reason.com
Chicken Little:
The sky is falling! The sky is falling!
Panic selling of U.S. common stocks is the wrong answer to the political bickering in Washington and the S&P downgrade of US credit rating. Fundamentals should be the basis of investment, and today’s market and companies are nowhere near the meltdown in 2008. The latest earnings season was great for a lot of American corporate icons.
Rob Delaney:
What I am saying is that I believe in me, and I believe in you and I believe in elbow grease, objectivity and history. Did you see the recession coming? Did it announce itself and tell you the date it would arrive? No, it did not. Nor will recovery. So quit whining. Pessimism is for losers.
I did exactly the same yesterday. For exactly the same reasons.
Full article at Advertising Age http://lnkd.ca/ch
Via Section Design (http://lnkd.ca/4n)
Mexican president Felipe Calderon, talking about the proposed global bank tax:
If the global economy builds a fund in order to bail out banks – you can be sure that there will be bailouts in the future.
I hope the Canadian Prime Minister will convince the EU leaders to scrap their plan for yet another tax. After imposing all sorts of taxes on the EU taxpayers, these guys are starting to spread their brilliant ideas across the globe.
