Thursday, September 29, 2011
Sprint Nextel Corp. will begin selling the new version of the Apple iPhone in mid-October, people familiar with the matter said, filling a huge hole in the No. 3 U.S. carrier's lineup and giving Apple Inc. another sales channel for its popular gadget. Many sources have said that Sprint will begin to sell the iPhone in October. Me as a Sprint user, hearing of this excites me greatly. Sprint iPhone 5 will get unlimited data plan. This may separate the competition between AT&T and Verizon, because these carriers do not offer an unlimited data plan with the iPhone. I think that many people will switch from AT&T and Verizon to Sprint, mainly because Sprint will offer unlimited data one, and that Sprint has much cheaper data plans. The competition will rise between these companies and many people will be switching to these companies, because almost everyone wants an iPhone. Then the other carriers that don’t carry the iPhone will be left behind. Right now the top three phone carriers are AT&T, Verizon, and Sprint. With Verizon at number one, AT&T at number two, and Sprint at three. I think that Sprint will move up to number one with the release of the new iPhone, because Sprint will offer the cheapest plan with the iPhone.
Wednesday, September 28, 2011
Along with many others born in the era of what is known as the Baby Boom, more and more of these (now adults) are being forced to retire at a later age than expected, or desired. However on the other hand, due to health risks, disabilities, and other setbacks some adults even have to decrease their hours or change the type of work they do to accommodate their aging, without giving up a steady income. A recent example of this was when the CEO of the innovative company Apple, Steve Jobs, stepped down from his throne after deciding that his health was more important. Along with the frightening idea of the inability to work, comes the concern of job loss. As Forbes states “when workers 55 and up lose their jobs they remain unemployed for a year on average with devastating consequences for their retirement savings.” http://www.forbes.com/sites/janetnovack/2011/08/25/steve-jobs-health-and-the-boomers-retirement/ This is a direct hit for the large number of Baby Boom children, trying to attain financial stability and eventually reach a relaxing retirement.
Tuesday, September 27, 2011
Friday, September 23, 2011
The NBA Lockout, that is still in effect, is a major problem for a lot of concerned parties. If the players and owners do not come to an agreement soon it could be catastrophic. The owners will lose a significant amount of revenue if the preseason and exhibition games are cancelled. Even though the owners are not obligated to pay the players a salary they still have their fixed costs. They have to maintain the facility, and employ all the team’s coaches, trainers, doctors etc. It is in the owners’ best interest to give up a little revenue in the short term so that they can have all the events scheduled for this year and make up the profit loss by making sure they can cover the fixed costs and variable costs with the revenue they bring in from ticket sales, food sales, merchandise sales, and television revenue. The cities that host the teams are losing money on hotels, food, and other incidentals that they count on to make their yearly revenue. The players also have a downside for keeping the lockout in effect too long. They cannot play in other leagues to make their normal salary because of their contracts. If that happens they will have to focus more on their needs like house payments instead of wants like buying a new car or going on a trip to the Caribbean. All parties involved have to find the right margins for their own interests. They must also be able to justify the deal they want and need so they do not lose too much profit and salary in postponing the season for too long.
TCU football recently made a bold move away from the Mountain West conference to join the much more prestigious Big East. All seemed well for the Horned Frogs, and they could finally be considered a legitimate contender and vie for a National Championship bid, until recently when the conference realignment continued. Many schools have now made big switches away from their long time conferences, like A&M and Nebraska from the Big 12. Although the move seemed great at the time, many schools have now decided to dash from the Big East to different conferences, once again weakening the competition and posing questions about an automatic bid. The Big 12, the conference that also denied TCU initially, holds the Horned Frogs fate in their hands. Many Big East schools such as Louisville, Cincinnati, and BYU, have shown interest in the Big 12 and with high competition schools leaving the conference, it’s not a sure thing that this move will benefit TCU in the long run. Before finalizing all aspects of the move, TCU needs to weigh their costs and benefits of moving conferences, and deciding which would be the best for their athletic programs. The ultimate goal of a National Championship bid may not become a reality, and in a more stable conference, although they may be the smallest school, they could eventually have a smoother ride to their ultimate goal.