Nokia (NOK) is starting a software store for its handsets. According to MarketWatch, it will be “an online bazaar that will allow users to buy music or films as well as applications directly…
According to Reuters, Obama is working on a program to help some homeowners pay their mortgages. Reuters reports that Wall St’s appetite to slim down perks will begin to face tests. Reuters…
According to several media reports, Nokia (NOK) says it will cut several hundred employees and temporarily lay off 2,500. Nokia blames the move on the declining market for handsets around the world.
It does not matter if Sirius (SIRI) goes bankrupt now. Creditors and bondholders may care. It probably will not be noticed by customers. In that way, it will be like an airline…
Up until very recently, perhaps as recently as six months ago, the prevailing wisdom among analysts who covered the media industry was that “content is king.” It is an inexact way of…
There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by a wide…
It is hard to understand why anyone would want to buy Sirius XM (SIR). All it has left is Howard Stern and he will probably leave soon enough. Sales at Sirius are…
Much of the crisis in the banking industry has been blamed on the inaction of the boards of directors at companies including Bank of America (BAC) and Citigroup (C). Some of Citi’s…
According to Reuters, Motorola (MOT) is betting much of its future on the Google (GOOG) Android phone system. Reuters reports that car sales hit a 27-year low. Reuters reports that Obama plans…
Motorola (MOT) shipped only 19.2 million handsets in the last quarter. At its peak, when its RAZR was flying off the shelves, the number was over 50 million. That, in a nutshell…
The massive power in the newest of low-cost PC’s is killing the computer companies PC’s are becoming about the same as refrigerators and toasters. And now the $10 laptop is on the…
Most experts who follow Apple (AAPL) and the consumer electronics industry do not think that Jobs & Co. will use any of its large group of patents to prevent the release of…
Douglas A. McIntyre According to Reuters, Honda (HMC) sales in the US fell in January. Reuters reports that the premier of China sees hopeful signs in his economy. Reuters reports that hard times make government…
When it announced earnings for its last quarter Apple (AAPL) said it expects to earn $.90 to $1 per share on $7.6 billion to $8 billion in sales in the current quarter.…
Douglas A. McIntyre Over the last two years, in the PC business Michael Dell has been beaten like a rented mule. His company continues to lose market share particularly in the US. Industry analysts would…
