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30 Dec 2011 11:48

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Tech: Amazon sold a bunch of Kindles, but don’t expect a specific count

  • 4 million Kindles sold in December … well, at least we think so source
  • » It’s an estimate based off of Amazon’s evasiveness. They said that customers “purchased well over 1 million Kindle devices per week” in the month of December. Sales of Kindle e-books were up 175% from last year’s period between Black Friday and Christmas; so while Amazon may not give us clear numbers, the company seems to be doing well in the fields it created.
Posted by samimain • 0 Comments • Permalink

01 Jun 2011 17:55

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Biz: U.S. auto companies beat foreign competitors in May, with a caveat

  • USA! USA! May was the first month in five years that Detroit’s Big Three automakers beat their foreign competition in total sales, likely welcome news to those who rely on the domestic auto market to make their livings.
  • easy there The Big Three’s big win came on the backs of a terrible month for foreign competition — Toyota was down 33%, and Honda 23%. This allowed U.S. auto companies to take the lead, despite actually seeing a drop in sales. source
Posted by Chris Tognotti • 0 Comments • Permalink

21 Jan 2011 14:59

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Biz: Warner Music Group looking for buyer; do you guys take $50s?

The Warners, which are actually doing rather well compared to their music-industry competitors, saw their stock rise in the wake of the news. Hope we can stil afford it. source
Posted by Ernie Smith • 0 Comments • Permalink

31 Dec 2010 11:45

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Biz: Give it time: Electric cars not really flying off the shelves yet

  • >350 the reported sales of the hopemobile, the Chevy Volt, in December … but it’s kind of a novelty right now
  • >10 the reported sales of the Nissan Leaf in the last two weeks; the odds that Ed Begley Jr. owns one? Even source
  • » It’s not really a demand problem: The issue here is more supply. The cars simply haven’t hit most parts of the country yet, and there are waiting lists 50,000 people long for the electric cars, which are slowly ramping up production and should go nationwide by 2012.
Posted by Ernie Smith • 0 Comments • Permalink

27 Nov 2010 23:28

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Biz: Black Friday final tally: More hype, more people, slightly more sales

  • 2.2% the increase in Black Friday foot traffic
  • $10.7B the total sales tallied on Black Friday
  • 0.3% the increase in sales from last year source
  • » How it compares: It’s roughly the same increase in sales as last year, but then again, retail stores have been offering sales for weeks before Black Friday, which may have cannibalized the overall effect of the day. On the plus side, at least that collapsed Salvation Army building in Colorado didn’t fall on anyone.
Posted by Ernie Smith • 0 Comments • Permalink

18 Oct 2010 20:05

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Biz, Tech: Apple’s 3Q earnings report overloaded with (mostly) good news

  • 91% increase in iPhone sales from a year ago (wow)
  • $20
    billion     Apple’s quarterly revenues, which happens to be a new record for them, by the way
  • $4
    billion     Apple’s quarterly profits, which is also a record for them – and up 70 percent (!); freaking show-offs
  • +28% increase in Mac sales year-over-year; not bad considering their light recent publicity
  • +28% increase in iPad sales from last quarter; pretty good but not particularly spectacular
  • -11% decline in year-over-year iPod sales, which admittedly was kind of expected source
  • » Investors somehow not impressed: Wait, what? Well, here’s why: They expected the increase in Apple’s iPad sales to be much higher, so as a result, Apple’s stock went down five percent in after-hours trading. You bastards can’t ever be impressed, can you?
Posted by Ernie Smith • 0 Comments • Permalink

17 Sep 2010 20:13

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Tech: Best Buy’s CEO says something pretty stupid, retracts quickly

  • admissionBest Buy’s CEO, Brian Dunn, was quoted as saying that iPad sales had cut into notebook sales by as much as 50 percent.
  • retraction Now Dunn is trying to back off from his claims, saying they were “not an accurate depiction of what we’re currently seeing.” Ya think? source
Posted by Ernie Smith • 0 Comments • Permalink
 

15 Sep 2010 10:37

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Biz: Speaking of chocolate, Kraft’s Cadbury merger has sweet rewards

  • $1 billion in new revenue for the edible megacorp source
Posted by Ernie Smith • 0 Comments • Permalink

11 Sep 2010 12:37

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Tech: Cashin’ in while they can: GoDaddy wants to SellDaddy

  • $750+ million GoDaddy’s revenues last year; no word on how much spokesperson Danica Patrick made
  • $1
    billion     could be made with the domain registar’s sale, according to some estimates source
Posted by Ernie Smith • 0 Comments • Permalink

02 Sep 2010 10:48

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Biz: Burger King SOLD! Shareholders have it their way

  • $4 billion for a sale to a private equity firm, hold the pickles source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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