July 21, 2010
Steve Jobs says that the iPhone antenna problem “has been blown so out of proportion that it’s incredible.” He seems puzzled and annoyed by the intense anger, frustration, and criticism bombarding him. What he doesn’t understand is that whenever you establish a monopoly, you had better make sure that your product or service is perfect – because any glitches or problems will be magnified by customers’ feelings of being trapped
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June 1, 2010
June 1 (Bloomberg) — Stephen Bartrop, managing director at LimeStreet Capital, talks with Bloomberg’s Susan Li about how Australia’s proposed resources profit tax may affect the nation’s mining industry. Borrowing costs may rise as much as 3.5 percent for mining companies whose creditworthiness is weakened as a result of Australia’s proposed 40 percent profits tax, the Australian Financial Review reported, citing bank analysis obtained by the newspaper. Smaller companies, which borrow against future cash flows, are expected to be hit hardest, the Review said.
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