Amazon has boosted the battery life of its Kindle e-reader and added native support for PDF documents, and you don't even have to buy new hardware to get the benefits. The retailer says it made the battery improvements through a firmware upgrade that took six months to develop. As a...
By Phil Wahba NEW YORK (Reuters) - Top U.S. booksellers Barnes & Noble Inc (BKS.N) and Borders Group Inc (BGP.N) will pay a price for coming late to market with electronic book readers, analysts said. Barnes & Noble cut its full-year earnings forecast on Tuesday on expectations of a tough...
In Manhattan’s trendy Soho district, Old Navy has a prominent window sign telling shoppers it’s open for business on Thanksgiving Day. Across the street, the British retailer Topshop promises early birds a free English breakfast. This sort of thing has been going on not for days or weeks but months. 2009's holiday season, in fact, could be the industry's most competitive ever.
How much more upside potential is there after a 67% monster rally for the technology sector? After all, there are resistance levels the market tends to respect. With slashed semiconductor demand, weak earnings reports from Dell, and an uncertain holiday shopping season ahead, is the tech sector overvalued?[More...]
“Those betting against Amazon.com Inc. (NASDAQ:AMZN) don’t understand the company’s business model,” Jim Cramer said on Monday’s “Mad Money” TV show. He told viewers that he learned a long time ago to never sell a stock because its perceived to be overvalued. He said these perceptions mean nothing to the big fund managers, and they’re [...]
“But while media products still account for a majority of Amazon’s sales, the company’s added dozens of new products. It’s become the online Walmart, not the online Borders… Amazingly, it is much lower than Walmart, which allows it to undercut Walmart’s prices. That’s unheard of until now. Periodically, you’ll hear Walmart slicing prices…With a retailer like Target or Walmart we can look at the number of stores they have and figure out how many more they have before they reach saturation and can’t grow anymore…” — CNBC’s Mad Money 11/23/2009[More...]
Palm Inc.’s (PALM) new smartphone, Pixi — a lighter and cheaper version of the Pre — can now be bought for just $24.99.
Both Wal-Mart (WMT) stores and Amazon.com Inc. (AMZN) have slashed the price of the new Pixi phone by 75% from the original $100 after the Pixi went on sale last week at Sprint [...]
Microsoft Corp. (MSFT) reported a strong quarter at the end of October on the back of resurgent demand in the PC market. But the key issue to watch is the important transition in the company’s major technologies.
Microsoft just launched its very successful Windows 7 operating system, which has produced a major new ...
