iPhone sales are trending well in the September quarter and Apple has app developers and its rivals to thank for it. This according to Piper Jaffray analyst Gene Munster, who says those two groups are doing a great deal to reinforce Apple’s brand.
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It’s been well over two years since the $1.65 billion acquisition and Google has yet to truly monetize YouTube. To wit, a report this week from Credit Suisse that predicts YouTube will earn $240 million in revenue in 2009. Which wouldn’t be half bad were it not for the fact that YouTube is on track to lose $470 million in 2009.
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Electronic Arts is experiencing first hand what it’s like to be on an evolutionary downswing in one of its life-simulation games. Its stock dragged down to its lowest price in seven years Friday after scaling back its earnings forecast and announcing layoffs, EA is on a nasty downward spiral despite strong sales of videogame titles like “Spore” and “Rock Band 2.” And with a market value of about $7.2 billion–down from $19 billion a few years ago–there’s a chance the company may soon find itself cast as the prey to a larger rival’s predator in a nasty mergers-and-acquisitions turn on its Creatiolutionism game “Spore.”
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Facilities has had just a few days to pry the “Terry Semel” nameplate from the door of Yahoo’s CEO offices, and already it’s back to business as usual. This morning the company acquired Rivals.com, a college football- and basketball-focused news and community site. Financial terms of the deal weren’t disclosed, but presumably the purchase price [...]
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Looks like Walt Disney has finally come up with a theory to explain plummeting ratings at ABC and ESPN–as well as a plan to fix them. The company’s two big networks have struck a deal with Cox Communications to offer free on-demand broadcasts of hit shows and sporting events, as long as Cox disables its fast-forward feature that lets viewers skip advertisements.
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