With Palm’s shares up more than 900 percent since January, they were destined to suffer a correction someday. And now it seems that day has finally come. Shares in the handset maker fell some 23 percent last week amid concerns about increased competition from Google’s Android operating system, which is being rolled out on a number of devices at a variety of carriers, including Palm partner Sprint.
The broader advertising recovery may take time, but search advertising is clearly beating a hasty path back toward normalcy. Or it is in Google’s case anyway. Reporting third-quarter results after market close Thursday, the search giant posted revenue of $5.94 billion, an increase of seven percent compared to the third quarter of 2008.
Well this certainly doesn’t bode well for O2: The U.K. wireless carrier, which has reportedly been selling about 2,200 iPhones a day since it secured exclusive distribution rights to the device in 2007, has run out of the 3GS model. Extremely high levels of demand have emptied not just the company’s physical retail outlets, but its online store as well.
iPhone exclusivity is rapidly coming to an end. Less than 24 hours after Orange UK announced plans to offer Apple’s iconic handset to its customers “later this year,” Vodafone said that it plans to do so as well.
Motorola has finally announced its bet-the-company Android handset. At GigaOM’s Mobilize 09 event in San Francisco this morning, Sanjay Jha, Motorola’s co-CEO and CEO of the company’s handset division, uncrated the CLIQ, a device it describes unremarkably as the “first phone with social skills.”
Now that sales of the Pre in the states have tapered off to a point where supply and demand are roughly in parity, Palm is gearing up to bring the handset to Europe. In a statement issued this morning, the company said Telefónica’s O2 subsidiary will carry the Pre in the U.K., Germany and Ireland, while its Movistar brand will offer it in Spain.
Troubling reports today from Japan about Research In Motion’s BlackBerry Bold. NTT DoCoMo, Japan’s largest mobile carrier, has suspended sales of the device after receiving multiple reports that it’s prone to overheating. This just days after the Bold’s debut in Japan.
This has proven to be quite a week for Imagination Technologies. Just days after it was revealed that Apple has taken a 3.6 percent stake in the U.K. chip designer–whose PowerVR mobile graphics components are now expected to figure prominently in future iPhones–Intel raised its own stake in the company to 3.04 percent.
Good thing Facebook is committed to growth over profits because according to the latest metrics from Hitwise Intelligence, growth is slowing. While traffic in the United Kingdom to the site did increase by 4 percent between August and September this year, it’s down from 50 percent over the same period last year.
Looks like Apple has run afoul of Britain’s Advertising Standards Authority (ASA) again. The watchdog agency, which took Apple to task in 2004 for its boast that the Power Mac G5 was “the world’s fastest, most powerful personal computer,” has ruled that one of the iPhone commercials the company has been running in the U.K. is misleading.
Add the personal details of most every child in the U.K. to the growing tally of sensitive consumer information misplaced by those entrusted with it. Because two CDs containing child benefit information on every family in Britain with a child under 16 have gone missing.
HM Revenue and Customs Chancellor Alistair Darling broke the news to [...]
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.
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.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
Spectacular in the bellowing Russian sailor sense of the word …
“If you spell something wrong on your insurance claim, do you really deserve surgery? I don’t think so …”
D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more »
Don't miss a post! Sign up for our Daily Email and get AllThingsD.com delivered each day.
Get columns, blogs and video from D and All Things Digital on your iPhone. Download now »
