The motto of connecting more people

The mobile phone wars never seem to end. This time, Nokia and Motorola are all set to conquer: in the third quarter, the world’s two largest cell phone makers, widened their lead over Samsung as demand in Asia helped increase total unit sales by around 22 per cent. According to Gartner, while the Finnish company’s market share rose to 35.1 per cent from 32.5 per cent a year ago (Nokia increased its market share in every region except North America), Motorola’s share rose to 20.6 per cent from 18.7 per cent. Samsung’s share, on the other hand, fell to 12.2 per cent from 12.5 per cent. It is felt that the sale of lower-priced models in Asian countries, like China, India, Vietnam, Pakistan and Bangladesh, pushed up sales for Nokia and Motorola. Sony Ericsson now has a market share of 7.7 per cent (from 6.7 per cent a year ago). Following Sony Ericsson, is LG Electronics whose market share fell to 6 per cent (from 6.5 per cent). In India too Nokia is slipping up on its performance (read our cover feature on page 28).

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

The motto of connecting more people!

It’s been on the cards for quite a while, and many analysts were saying that it was only going to be a matter of time. In August this year, Bank of America briefly surpassed Citigroup in market value in “intraday trading”, but Citigroup soon bounced back to secure the leading position. Now again, Charlotte, North Carolina-based Bank of America has surpassed the mighty Citigroup to become the world’s largest bank – by market value. This means, while Citigroup’s market capitalisation totaled $243.52 billion (based on reported shares outstanding), Bank of America’s market capitalization totalled $243.71 billion.

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

Lethal, armed & dangerous...

Jane Addams, the noted American peace activist had once remarked – “The essence of immorality is the tendency to make an exception of myself.” Last week, Tony Blair, one of the chief proponents of global non-proliferation made an exception of Britain by announcing his government’s commitment to remain a “nuclear-armed power for the next generation.”

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

Animal planet

The world was never an equal place. Every specie in this world has a prey and it in turn is a prey for stronger specie. Yet, nowhere within one specie the disparity is so much as it is in the case of mankind. Consider this – UNDP states that the world’s total GDP in 2004 was $40.85 trillion, out of which the 30 countries that form the OECD (Organisation for Economic Cooperation and Development) account for $33.03 trillion; 102 developing economies accounted for $8.35 trillion; and the combined 45 sub- Saharan African countries accounted for a mere $498.5 billion (nearly equal to USA’s defense budget of 2005).

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Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative