Thursday, April 21, 2011

The Nissan Leaf won the 2011 World Car of the Year at the The New York International auto show. The electric car beat out the other two finalists for the World Car title:  the Audi A8 and BMW 5-
series. The Leaf was the first electric car to win the award.
According to an unnamed World Car juror, this 5-seater hatchback is the world’s first purpose build and mass-produced car. It generates 108hp, 8 hour battery charge using 220–240v power supply, and produce zero tailpipe emissions. Nissan claims it has a range of over 100 miles on a full charge. It feels just like a normal car, only quieter.
This award is now in it’s 7th year, previously mainly compact car crowned.
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Tuesday, April 19, 2011

Earnings Boost for INTC(Intel Corporation)


Intel Corp. (NASDAQ: INTC), the world largest computer chip maker, has reported a $12.8 revenue, 25% increase from $10.3 billion a year ago and higher than the $11.6 billion that analysts predicted. Intel’s net income rose 29% to $3.16billion($0.59 EPS). A year ago Intel earned $2.44 billion($0.43 EPS).

The results are far better than the Wall Street’s expectations. With PC sales slowdown and the rise of Apple products, most of the analyst didn’t expect much from Intel.  But Intel has set new records for their revenue and profit, with it’s PC sales grew 17% over the last year.

CEO Paul Otellini, said that they had an all time record of growth by experiencing double digit annual growth in all of their major product segments.
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