Reporting disappointing second-quarter earnings a few weeks back, Sony warned that the Christmas shopping period would likely be a weak one. “We are quite cautious in foreseeing end-of-year sales,” Sony CFO Nobuyuki Oneda said at the time.
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Well, this is a first, I think: Google is promoting a consumer electronics device on its front page. Surf over to Google.com right now and you’ll find this pitch plugging Droid, Motorola’s new Android phone: “The Droid is on sale now. Learn more.”
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If the teen demographic is a critical indicator of a company’s long-term growth prospects in the consumer electronics and online music markets, Apple has nothing to worry about. Because according to the results of Piper Jaffray’s 18th biannual Teen Survey, Apple devices continue to do well with American teenagers.
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Woolworths Supermarkets describes its new logo as “an abstract leaf symbol” intended to represent fresh food. But to Apple, the stylized “W” looks far too much like its own namesake fruit, which could be problematic should the supermarket chain someday decide to peddle its own brand of consumer electronics. And so Apple is petitioning IP Australia, the local agency that governs trademarks, to reject the Woolworths application for the mark.
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Wise is the investor holding shares in Apple, Research in Motion and/or Palm, because these companies are the triumvirate of tech’s new world order. This according to RBC analyst Mike Abramsky, who in a research note today says all three are positioned for leadership in the “huge, nascent and underpenetrated” smartphone market.
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The consumer electronics wizards at Dell who brought us the now defunct DJ Ditty MP3 player and the Axim handheld are hard at work on another gadget, a mobile Internet device.
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No big surprises here. The souring economy and related uncertainty in consumer and enterprise technology markets continue to drag the chip sector down into the mud. While world-wide sales of semiconductors in March rose 3.3 percent from February, they were down nearly 30 percent from last year.
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Circuit City is powering down for the last time. With its shelves nearly empty after weeks of liquidation sales, the bankrupt consumer electronics chain will shutter its remaining stores on March 8–a bit earlier than originally planned.
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We continue to be big fans of this product. And we continue to believe that Amazon has a hit on its hands with this device. The problem is that Amazon (AMZN) sold out of these devices way too early this holiday period. And Amazon still doesn’t have International versions available. Hard to see a premier [...]
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Nearly 8 percent of high school students own an iPhone. And 22 percent of those who don’t, hope to buy one in the next six months. This according to Piper Jaffray’s 16th bi-annual Teen MP3 Player and Online Music Survey, which found that Apple’s cachet among teen consumers is as solid as it ever was, economic collapse be damned.
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