Microsoft has finally given Windows 7 a release date. According to Bill Veghte, senior vice president for Windows, the next iteration of the company’s operating system will arrive at market in time for the holiday shopping season.
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So the seemingly unfailing demand for Nintendo’s Wii? Failing. Though Wii manufacturer Nintendo posted a 21 percent gain in quarterly operating profit on brisk demand for the videogame console, it slashed its forecast for full-year sales of the device.
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Black Friday, the beginning of the traditional Christmas shopping season, will kick off far earlier than usual this year, thanks to Circuit City. In the aftermath of a particularly nasty second-quarter loss and a 95 percent decline in share price, the long-suffering electronics retailer said today it is shuttering 155 of its stores across 12 U.S. markets and sacking 17 percent of its domestic workforce.
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