December 10, 2012 |
Want to know why your wallet is being pinched so hard? You could turn to the usual suspects, like gas prices or government taxes. But perhaps you should look a bit closer to home at all those shiny Apple products that line your shelves and pockets. A story from Reuters on Monday cites a report from Morgan Stanley analyst Katy Huberty that in 2011 the "average amount U.S. households spent on Apple products was $444. " According to the Huberty report, that number is up from $295 in 2010 and $150 in 2007. The Reuters story by contributor Chris Taylor refers to this as the "Apple tax," noting: "The analogy of an Apple tax might sound facetious, but think about it. Median U.S. household income was $50,054 in 2011, according to the Census Bureau.
CALIFORNIA | LOCAL
June 21, 1993 |
As senior vice president of the Ventura County Farm Bureau, rancher Tom Pecht has learned at least one truth: "Farmers are noted for telling what's on their minds." And it's the Farm Bureau's job to listen. Now in its 77th year, the Ventura County Farm Bureau has launched an all-out membership drive to boost its ranks--and thereby enhance its political clout.
June 23, 1988 |
Chris Taylor would stand at one end of dusty church gyms, or sit in the top row of dimly lit recreation department facilities and watch the youth of Ventura develop into basketball players. His eyes would ultimately fall on a blond passer and a dark-haired, lanky shooter. They were best pals who flashed quick smiles and quicker understanding of the game--as grade schoolers. "I always envied the guys who had them on their youth teams," Taylor said. "Then I had them and knew why."
January 21, 2000 |
Eric Lindros can't return soon enough for the Philadelphia Flyers. The problem is, no one knows--or will say--when that might be. The Flyers continued to struggle without their injured captain, extending their winless streak to four games Thursday night with a 1-1 tie against the Ottawa Senators at Philadelphia. Lindros missed his third consecutive game after suffering his third concussion in 22 months last Friday in Atlanta.
February 1, 1996 |
Already showing signs of recovery, the California housing market is certain to benefit from the Federal Reserve's interest-rate cut on Wednesday, but economists and real estate agents caution that they are not expecting any dramatic or immediate results.
November 10, 1995 |
Los Angeles County home sales rose in October for the third straight month while the Orange County residential market continued to lose ground, according to sales figures released Thursday. Bolstered by attractive mortgage rates and a slowly improving economy, sales of new and existing homes in Los Angeles County increased 5.
CALIFORNIA | LOCAL
December 20, 1992 |
The first cold snap of winter caused little if any damage to Ventura County citrus and avocado crops, growers reported Saturday, as rain-soaked ground and light winds kept temperatures higher than had been forecast. Many growers remained on alert through Friday night and Saturday morning with wind machines and orchard heaters in place and helicopters on standby at nearby airports. But by and large they wound up needing only the wind machines to lift temperatures out of the critical zone.
October 7, 1995 |
Once considered the doormats of the Southern Pacific Conference, Harbor City Narbonne hoped to avenge more than a decade of one-sided football losses. The Gauchos, however, will have to wait another year to beat San Pedro in a conference game. Behind a powerful running attack and a stingy defense, San Pedro defeated Narbonne, 21-7, Friday night before 5,000 at Daniels Field in San Pedro.
December 2, 1995 |
The celebration came early and often for San Pedro on Friday night after the Pirates' 19-3 victory over Narbonne in the semifinals of the City Section Division 4-A playoffs. Long before San Pedro Coach Mike Walsh got a power-drink shower, or the players raised their helmets to the stands, the Pirates' were in a festive mode, riding a strong defense that put the game out of reach early.
April 15, 1998
Saddleback moved into a tie for first place with a 4-3 victory over Riverside in Orange Empire Conference baseball Tuesday at Riverside. Greg Pines drove in a run with a double in the second and scored on a single by Lars Birkeland. Pines hit a home run in the fourth and had an RBI groundout in the eighth to give the Gauchos (25-8, 11-6 in the conference) a 4-2 lead. Riverside (25-9, 11-6) scored a run in the ninth but ran itself out of the inning.