What’s Important in the Financial World (9/18/2012)

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By Douglas A. McIntyre Published
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July Air Travel Report

U.S. Department of Transportation’s Air Travel Consumer Report for July is out. It grades, among other things, which airlines are most likely to have on-time arrivals. The data always gets a lot of news coverage. But is there any valuable data in it, or information to help travelers? Probably not. A small percentage of people are caught on planes that depart very late. On rate occasions, people lose luggage. In July, the worst on-time arrival figures are for United Continental Holdings Inc. (NYSE: UAL) at 64.1%. The company recently has gone through a merger, and it flies into and out of some of the busiest airports in the country. Also receiving black marks are two regional carriers — ExpressJet Airlines (67.7%) and American Eagle Airlines (75.4%). Hawaiian Airways (89.6%) and Alaska Airways (88.6%), which fly almost no where, do very well.

New Motorola RAZR with Intel Inside

Google Inc.’s (NASDAQ: GOOG) Motorola Mobility handed Intel Corp. (NASDAQ: INTC) a much-needed victory in the smartphone industry. The big chip marker has had a hard time breaking out of the PC market and into the one for portable devices, which includes smartphones. Motorola announced the new Motorola RAZR i has:

the new full-screen smartphone that fits in the palm of your hand. Its Super AMOLED Advanced 4.3-inch display spans from edge-to-edge with virtually no border — giving you more screen with less phone. RAZR i is the first smartphone that can achieve speeds of 2.0 GHz thanks to a fast Intel Atom processor.

Consumers in the United States may have to wait a long time to try the smartphone:

Motorola RAZR i will be available in black beginning in October in select European and Latin American markets including the U.K., France, Germany, Argentina, Brazil and Mexico with more to be announced. A stand out white version will also be coming to select markets.

Like the Ford Model-T, it comes in any color you want as long as it is black.

Apple Still Leads in Tablet Sales

Global tablet sales should rise 56% to 126.6 million units, according to industry research group iSuppli. As expected, Apple Inc. (NASDAQ: AAPL) has the lead in the market, but that lead may be threatened. iSuppli added in its report:

While the 9-inch segment dominated by the iPad will account for the majority of tablet display shipments this year, the fastest-growing portion of the market will the 7.x-inch screens used in products like the Galaxy Tab from Samsung Electronics, the Kindle Fire from Amazon, the Nook Tablet from Barnes & Noble, and other tablet products using the Google Android operating system.

But the new iPad may come in a smaller screen, so Apple has nothing to worry about.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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