Beleagured Doesn’t Begin to Describe It

Circling the Toilet:

 

Ian Austen, reporting for the NYT:

Research in Motion said on Thursday that a new line of BlackBerry smartphones that it hoped would turn around its flagging fortunes will not come to market until late next year.

It was the latest, and perhaps most significant, setback in a string of product delays and missteps from the company.

In the meantime, profits are down 70 percent. I love to say “I told you so”, so: I told you so.

 

(Via Daring Fireball)

Reading the Employment Report: Focus on Hours, Not Heads – Freakonomics Blog – NYTimes.com

Reading the Employment Report: Focus on Hours, Not Heads – Freakonomics Blog – NYTimes.com:

“Any evidence of ‘green shoots’ appearing in recent months disappears in this broader measure. The recession continues apace. If current trends continue, we are in for a frightening time.”

(Via Freakonomics Blog.)