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FA Notes

August 27th, 2012

Market –0.05%

-Dallas Fed –1.6 vs. –6 estimate, –13.2 prior

-key patents GOOG needs to either license from AAPL or work around are 1) tap to zoom 2) multi-touch gestures http://bit.ly/Odz0F3

-9 quotes from George Soros: http://bit.ly/QfruOZ

-Mitt Romney’s funds annual return 1984-1999 +88% per year. Source: Howard Anderson, former VC and Bain Capital investor

-Steve Jobs: Good artists copy great artists steal Link

TIF call: don’t anticipate meaningful price increases rest of the year. strongest performance came in Japan. higher spend by China/Japan tourists off-set by lower spend by European tourists. sales in NYC flagship store -9%


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