Author: f1221sahmed

2012 Could Be The Best Holiday Shopping Season In Years

Posted on by f1221sahmed

Investors are looking for early Christmas presents.  By that I mean we need insights into whether this Christmas season will be a good one or bad one. The National Retail Federation expects holiday sales to increase by 4.1 percent, which promoted FedEx and UPS to do their own forecasting.

FedEx is forecasting a 13% increase during the holiday season this year. An increase in Internet shopping is promoting FedEx to forecast an increase of holiday shipments in 2012. According to FedEx, the forecast for the holiday is 280 million shipments that would be a record number. FedEx is also preparing to hire around 20,000 seasonal workers. This hiring would be in addition to the 300,000 permanent workers company employs worldwide.

United Parcel Service known as UPS said it expects to be up between 5 and 7 percent from last year. The CFO said it expects to ship more than 500 million packages from Thanksgiving to Christmas. Kuehn said 40% of the packages are shipping directly to the consumers, which will be the largest increase ever.

Many of the analysts believe this could be the best holiday season in years for everyone. According to the article, “three-fourths of retailers expect a boost in holiday sales this year, which in turn means they’ll need more help from job seekers”. It’s a crucial time for all retailers, many of them are hiring early.

Do you think we will have a strong holiday season or the forecasts are just to manipulate the market?

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Will Google Be Apple’s Next Target?

Posted on by f1221sahmed

I decided to post about Apple’s strategy of enforcing patents against other device makers such as Samsung verdict last month and how they could go after Google. I am sure everyone knows that jury last month awarded 1 billion dollars to Apple that Samsung must pay, and it’s not over yet.

 “Apple Inc. gave a federal judge a list of eight Samsung Electronics Co. products it wants pulled from shelves and banned from the U.S. market, including popular Galaxy model smartphones.”

Samsung is the largest manufacturer of Android based phones and the ruling that its devices copied elements from the iPhone and the iPad could switch attention to Google. Apple ripped apart Samsung both in hardware and software used in its smartphones and tablets. Apple filed claims that Samsung developed operating system features violated its patents, which Samsung licenses Google’s Android operating system.

The late Steve Jobs was very frustrated with Android and he wanted to go after them. “I will spend my last dying breath if I need to, and I will spend every penny of Apple’s $40 billion in the bank, to right this wrong,” Jobs told his biographer. “I’m going to destroy Android, because it’s a stolen product. I’m willing to go thermonuclear war on this.” There is a very interesting breakdown of the dynamic between Apple and Google. To read the full story, then just go here