Friday, December 05, 2008

TGIF Randomosity

  • $AAPL iPhone shows 327% market share gain in third quarter. The iPhone has about 16% of the smartphone market share.
  • So, the Chevy Volt will go 40 miles on a charge?  That's if you remember to plug it in every night.  I have a hard enough time remembering to plug in my iPhone and often wake up to a low battery.  Imagine that with a Chevy Volt!  And it's not like you can plug your car in to its cigarette lighter.  After the charge wears off, the Volt will get about 50 mpg.
  • Plus, it's a Chevy.  Wouldn't you feel better buying this kind of technology from Toyota?  Or just get a gas-burning Honda Civic for $16,000?
  • Sad news.   That rumored 4.5% interest rate for mortgages would only be for new home purchases.  No refinancing your existing mortgage.  I guess you could buy a new home down the street, maybe even the same model, and let the bank foreclose on your current home.  Just thinking outside the box.
  • Oil under $42 a barrel?  Wowzers.  Declining world demand, they say.  But the freeway was sure crowded last night.  Took me a long time to get to Hooters.  Missed most of the first quarter!
  • $GM cutting another 2000 workers.  It doesn't matter if they go bankrupt or restructure under a government giveaway package, there will be job losses.  Automakers just can't lose a billion a month and keep on truckin' along.
  • If we're in a period of deflation, the next to go down are salaries, right?