Reuters: CIT (CIT) may be close to bankruptcy. Reuters: China GDP rose 7.9%. Reuters: Foreclosures hit a record in the first half of 2009. Reuters: Obama pressed Congress on a healthcare bill. Reuters: …
Computer research firm NPD expects netbook sales to rise to 20% of total laptop sales this year. That would put unit sales just shy of 33 million, a increase of 100% over 2008.…
There has been a lot of coverage of the Amazon.com (NASDAQ: AMZN) Kindle e-book reader. But what happens when you hear there has been yet another price cut on the device? Some…
It seems pointless to spend a lot of time proving that companies are more likely to go bankrupt during a recession. Margins are hurt by bad sales. Firms cannot easily get access…
Reuters: The economic crisis will dominate the G8 summit. Reuters: A NY court ruled against AIG (AIG) in a battle with former CEO Greenberg. Reuters: Google (GOOG) will launch an operating system…
Sony (SNE) never got into the multimedia handheld business the way that Apple (AAPL) did with the iPod. The Japanese company’s joint venture with Ericsson that builds and markets handsets is behind…
The DVD business is bad. Video-on-demand, available on most cable systems, and internet streaming of premium content have cut into one of the largest profit centers in Hollywood. Viacom’s (VIA) Paramount studio…
Sony (SNE) is getting ready drop the price on its PS3 and Microsoft (MSFT) is set to do the same with the Xbox 360. At least that is how “inside baseball” tech…
Software is supposed to be a high margin business and hardware a sector in which most companies struggle with gross margins. Hardware components are expensive and there is almost no getting around…
Yahoo! (YHOO) and Google (GOOG) actually have something to worry about, if Steve Ballmer is not bluffing. The Microsoft (MSFT) CEO says that he company is prepared to spend 5% to 10%…
All the evidence points to the sales of the Nintendo Wii slowing. That would make sense. More than 20 million have been sold in the US. The market gets saturated at some…
Video game and game console systems sales plunged in the US in May. According to industry research group NPD, software sales were down 17% to $449 million and sales of players dropped…
Sony (SNE) is in trouble, and it is very deep trouble. For the fiscal year ending March 31, the conglomerate lost more than $1 billion on $79 billion in revenue. Sales were…
Nintendo says it is doing remarkable well, especially in America. Recent data from the industry show that sales of the company’s Wii have slowed considerably. Sony (SNE) and Microsoft (MSFT) have released…
Reuters: A survey shows the global stimulus spending lacks direction. Reuters: The race for “green” cars is still wide open. Reuters: GM (GM) and Chrysler will face Senate scrutiny are dealer closings.…
