Google reveals Nexus phones and 10 inch Nexus tablet
Google announces the Nexus 4 smartphone made with LG and a 10 inch Nexus tablet from Samsung. The Nexus 7 with 32 GB drops to 249 while the 16 GB version sells at 199 to compete with the iPad Mini and Kindle Fire. Nexus 10 priced at 399 ships Nov 13. Microsoft launches Windows 8 devices including Surface. Hurricane Sandy disrupts NY event timing.
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Toyota eyes record global sales despite China drop
Toyota aims for a 9.76 million vehicle year as Asia and the U.S. drive growth while China falters due to protests over the island dispute. EVP Yukitoshi Funo says overall sales should top the 9.37 million record set in 2007, with strong gains in Indonesia India and Thailand offsetting China declines. He notes Toyota’s balanced, multi-market strategy and sustained commitment to China.
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AP survey flags looming economic strains for next president
The AP Economy Survey finds Europe’s recession may persist into the next term and warns Congress inaction on tax and spending could trigger another recession. Economists favor tax cuts and looser business rules over more public spending to lift growth, with Romney’s plan seen as more helpful than Obama’s by most respondents.
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