Things are a little less rosy around its non-iOS departments, but we'd hardly say the company was in dire straights.

ENGADGET

In developing countries, the collections of many museums are in dire straights, with often no access to the network of resources and expertise, which exists in other countries.

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And it is to ask the question whether the global financial system, and the economies of developed countries like Britain, would be in such dire straights if banks had been subject to a simple leverage ceiling, limiting how much banks could lend in total, irrespective of the nature of their loans, as a multiple of their capital.

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It has to be assumed that most people in dire financial straights will go for the cheaper option.

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"I take the view that with our economy in such dire straights we simply cannot afford to allow so many of our people essentially to be signed off into different areas, " he said.

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While hardly in the same dire straights as Sprint, the past few years have challenged Softbank.

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And yet, the company still insists on buying back stock, a misuse of the little cash it has considering the dire financial straights it appears to be in.

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