Sirius Breaks Even
Sirius XM Radio’s financial position is improving. Sadly, the same cannot be said for its subscribership. Reporting earnings this morning, the company broke even in its third quarter. Good news, but it was tempered with a bit of bad. Because Sirius’s subscriber growth is slowing.
Nokia Siemens Announces Ambitious Employee Sacking Plan
They’re swinging the ax over at Nokia Siemens again. The mobile network equipment maker said today that it plans to reduce its 64,000-strong workforce by up to nine percent in a bid to “improve financial performance and return to growth”–something the joint venture has had a hard time doing since it launched in February 2007.
AT&T Activates Record 3.2 Million iPhones in Q3
How badly does AT&T want to renew its iPhone exclusivity contract with Apple? Pretty damn badly. Posting third-quarter earnings that topped Wall Street expectations this morning, AT&T said it activated a record 3.2 million iPhones during the period. Of those, 40 percent were for customers new to the carrier.
Wednesday, October 14, 2009
Stroker Acer
Six months. That’s how long it’s going to take Acer to surpass Dell in market share. Speaking at a news conference in London, company President Gianfranco Lanci took a few moments to talk a bit of smack about his rivals. Said Lanci: “Between this quarter and the next, we can finally pass Dell.”
More Acquisitions Ahead for Dell
Dell’s acquisition of Perot Systems, the largest in the company’s history, is the first of many such deals, not a simple one-off. In an interview with Bloomberg, company CEO Michael Dell said the PC maker is eyeing more acquisitions as it looks to bolster sales to corporate clients.
Monday, October 12, 2009
Look of Smug Satisfaction Returning to Google Investors’ Faces
Google isn’t scheduled to report third-quarter results until Thursday, but already shares in the company are trading higher in anticipation of solid results. At $524.24, they’re up 1.55 percent–nearly $8, and not without good reason.
Wednesday, September 30, 2009
HP Mulls Printer-PC Group Re-Fiorinazation
Four years after separating its PC business from its imaging and printing group, Hewlett-Packard is planning to merge them, undoing one of Mark Hurd’s first big moves as CEO. “People familiar with the situation” tell The Wall Street Journal that the plan under consideration would combine HP’s printer and PC businesses under Todd Bradley, who currently oversees only the latter.
Thursday, September 17, 2009
Palm Posts Loss, Announces Stock Offering
Perhaps Palm really does have the “special sauce” needed to attain smart phone leadership, as RBC Capital Markets analyst Mike Abramsky recently claimed. Reporting first-quarter results this afternoon, the company posted a narrower-than-expected loss, said it shipped 823,000 smart phones during the quarter and announced plans for a common stock offering of 16 million shares.
Wednesday, September 16, 2009
iPhone to Make Apple’s 52-Week High a 52-Week Low
Apple’s latest 52-week high is well on its way to becoming a 52-week low. In a research note to investors this week, Charlie Wolf of Needham & Company lifted his price target on Apple to $235, from $200, largely on the merits of the iPhone and the iTunes App Store.
Thursday, September 10, 2009
Apple to Extend AT&T’s iPhone Exclusivity Deal?
AT&T’s iPhone exclusivity deal with Apple is set to expire as early as next year, but that doesn’t necessarily mean it won’t be renewed–despite complaints about the carrier’s network. That’s the word from iSuppli, which predicts Apple will extend its agreement with AT&T because it has no reason not to.
Tuesday, August 18, 2009
U.S. Broadband Growth Slowest in Eight Years
The U.S. government broadband stimulus program couldn’t have come along at a better time. Leichtman Research Group said Monday that the country’s 19 largest cable and telephone providers added a net 634,000 broadband subscribers during the second quarter of 2009. That’s 29 percent fewer than were added in the same period a year ago and the lowest number of net additions of any quarter in the last eight years.
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About John
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper.
Ethics Statement
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
alt.misc
- The Golden Age of Video
Best video mashup ever.
- I’m not dead yet
A Facebook Memorial
- Pulp Fiction Audio Mix
Wow.
- A world without the Internet
Worth it for the Rickrolling photo alone.
- Google Wave Cinema: Pulp Fiction
Excellent.
- Dead Fly Art
Flughumor!
- Happy Birthday Monty Python …
… you vacuous, toffee-nosed, malodorous perverts
- ‘You are being shagged by a rare parrot’
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
- A Spectacular Cover of “Let It Be”
Spectacular in the bellowing Russian sailor sense of the word …
- Protect Insurance Companies PSA
“If you spell something wrong on your insurance claim, do you really deserve surgery? I don’t think so …”





