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Archive for January, 2012

Apple in more stores

Thursday, January 12th, 2012

Target plans to add a “mini apple store” inside its stores. It’s a brilliant move for both Target and Apple. Apple computers are available in Frys and Best buy stores. By making its computers and devices available in Target, Apple is going to benefit from Target’s presence all over the U.S.

BTW, Apple’s chart shows the uptrend. I guess it’s time to pick up some more Apple shares.

Disclaimer: I own Apple shares.

Related Link: Apple Insider

 

U.S. Jobless Rate Drops to Three Year Low!

Saturday, January 7th, 2012

Something is cooking up… It looks like economic recovery is gaining momentum. Economic recovery is depending on the recovery in the job market. Luckily we are seeing some strong evidence that job market is improving. US unemployment rate dropped to near three-year low of 8.5%. Nonfarm payrolls are increased by 200,000 in December according to the Labor Department. Economists were expecting 150,000 gain in nonfarm payrolls.

Right now, 13 million workers are unemployed. It is going to take many more months to recoup all the losses in the job market. However we hope that the current momentum in job market recovery would continue for the next six months provided Europe debt crisis doesn’t get worse.

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