Wednesday, February 11, 2009

Darwinian Economy


Intel Corporation to Invest $7 Billion in U.S. Manufacturing Facilities
Tuesday, 10 Feb 2009 09:00am EST
Intel Corporation announced that it would spend $7 billion over the next two years to build advanced manufacturing facilities in the United States.

Cisco Systems, Inc. Prices $4 Billion Of Senior Unsecured Notes
Monday, 9 Feb 2009 05:57pm EST
Cisco Systems, Inc. announced the pricing of two series of senior unsecured notes for an aggregate principal amount of $4 billion.

While much of the economy is sputtering to maintain the credit that they have, tech giants Intel and Cisco are charging ahead. The rich get richer.

By the way, Blackberry maker RIMM just took up subscriber estimates.
Edit: They are pricing aggressively to get there. Numbers are coming down.

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