“[If the price were any lower] I’d lose money on every PlayStation I make.” So said Sony CEO Sir Howard Stringer last month. And while that remark might seem to preclude a price cut on the PlayStation 3, a price cut might be exactly what we get come tomorrow.
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Wall Street is finally having its say about the newly announced Microsoft-Yahoo deal, and while opinions are mixed, there is some consensus on who got the better end of the deal: Microsoft. Seems the Street would have much preferred the “boatloads of money” Yahoo CEO Carol Bartz once said she’d demand for a search deal than the “boatloads of value” she claims to have given them this morning. After the jump, a roundup of analysts’ notes issued about the deal.
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If eBay shares were to be listed among the company’s other auctions, buyer feedback would more likely be negative than not. Hurt by the souring economy and increased competition, eBay reported its third consecutive earnings decline Wednesday.
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After a bit of reflection, the Street is beginning to have its say about Google’s new Chrome operating system, and the consensus seems to be that while Chrome is obviously the company’s most direct assault on Windows to date, it’s not likely to be all that disruptive to the ubiquitous OS. “It’s not good news for Microsoft,” said FBR Capital Markets analyst David Hilal. “The real question right now is how bad can it be?”
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