Posts tagged as: October

IMF delegation to reach Islamabad by October 28th

IMF

It is being reported that an IMF (International Monetary Fund) delegation will reach Islamabad by the start of next week in order to access the performance of the country according to the targets which were agreed upon after giving out a loan. Reports suggest that the delegation will be present in the capital city of […]

Apple will launch the iPad Mini in October, sources confirm

September 12 launch event is solely dedicated to the new version of iPhone Apple will probably release the new and smaller iPad, claimed by many sources to named as iPad Mini, in October 2012. ATD’s John Paczkowski reported earlier that a number of authentic sources have confirmed that the new tablet will not be shown […]

Thailand Floods: Hard drive makers fall victim to the natural calamity – Part 1

The Monsoon flooding in Thailand last October took a toll on many businesses if not all of them. The main victims of the catastrophe ranged from automobile makers with the likes of vendors of Toyota and Honda to electronic makers like hard drive manufacturers. More affected by the ordeal US population, being the biggest market […]

Thailand Floods: Hard drive makers fall victim to the natural calamity – Part 2

Western Digital was widely expected to take a huge hit from the Thailand flooding. Western Digital, which makes disk drives, couldn’t get components out of its suppliers, which were mostly in Thailand. Overall, Western Digital’s fiscal second quarter earnings held up well. CEO John Coyne said: We’ve made substantial progress in our mission to restore […]

Thailand Floods: Hard drive makers fall victim to the natural calamity – Part 3

Bottom line: Western Digital held its own and the fallout could have been much worse. Steve Luczo, CEO of Seagate, said his company has weathered the Thailand flooding better than most. Why? First, Seagate’s operations were relatively unscathed. Second, the supply chain is diversified. Luczo said on Seagate’s earnings conference call: “The disaster in Thailand […]

Thailand Floods: Hard drive makers fall victim to the natural calamity – Part 4

Luczo added that the company isn’t maximizing profits—average selling price per unit was $13 higher, but costs were $2.50 higher. Seagate’s plan is to give suppliers a break on pricing in exchange for longer term contracts. The strategy is paying off in the short and long runs. Seagate blew away its December quarter earnings (non-GAAP […]

The Winds of ‘Change’ – A reality or an Illusion

‘Change’ is not a new political slogan in the world; but in case of Pakistan, it definitely is. And change, as elaborated by President Obama during his election campaign, is not meant for the change of faces only; it refers to bringing improvements in the entire system of governance and administration for making commoners’ life […]

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