Oppenheimer cautioned that FQ1 may see sequentially lower sales, given the success of the company’s back to school promotion which intensified sales in FQ4. COO Tim Cook said during the call Apple expects continued low memory prices over the coming quarter, a factor Cook noted was in part responsible for Apple’s improving gross margins: «As you know, DRAM and NAND flash were favorable last quarter, and we believe that will continue in our Q1,» he said. Cook also said Apple is confident it will ship 10 million iPhones in calendar year 2008.
A new budget generally brings some changes to the way the state operates. One passed by lawmakers this year is a one year suspension in tax credits awarded through the Business Employee Incentive Program, which rewards firms for bringing jobs to the state. The measure is expected to save $175 million from one of a handful of similarly purposed programs..
«And so as a consequence, folks wake up and they’re surprised “How come we can’t get things through Congress? How come we can’t get things through the state house?” Because you slept through the election!» Gillespie «suffered mightily from the utter failure of the Republicans in Washington to do what they said they’d do,» said former Virginia attorney general Ken Cuccinelli, R, who lost the governor’s race four years ago. «Trump is Trump,» he told our Marc Fisher Tuesday night. «Let’s not kid ourselves that he’s going to make any changes.
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