pay phones, funny money, income and Telecom

Chicago’s OHare airport is ripping out pay phones and replacing them with power sockets, chairs and counters. Bless them – I’m sick of wandering around (usually american) airports looking for power sockets.

Disposable income for “Managers” is largest in Saudi Arabia, small in the USA and generally better in third world countries than first world. No real surprise there – the lifestyle of 3rd world executives is pretty lush, but you trade that off against the general environment in some instances.

Telecom under-invested and we all suffered as a result. Great work by OECD (and TUANZ, NZHerald) to unveil what we all knew in numerical form. It should be pretty easy to show total return to shareholders versus investment to show the flawed Telecom strategy versus foreign peers.

XBox 360 4th quarter sales were 700,000 units, versus 1.8m the year before. No thanks to the Wii or hardware failures, and the division dropped over $1bn of real money.

Funny money is getting closer to real money. Oh for the days when NZD=USD. But by the way the aussie and loonie are also doing pretty well. It’s all about commodity based currencies, and commodities are doing well these years.

NZD-USD

yahoo finance

AUD-USD

yahoo finance

CAD-USD

yahoo finance

Published by Lance Wiggs

@lancewiggs