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Friday, February 20, 2009 |
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EA's Answer To Wii Fit Confirmed For May Over the holidays, we noted pretty much the only highly-desired hard-to-find items where Amazon's Kindle and Nintendo's Wii Fit. But competition is finally coming to the Wii Fit: Electronic Arts' Wii Fit clone "EA Sports Active" will hit stores May 19. EA's Wii-only "game" (yeah, we'll call it a videogame) is expected to sell for $60, versus $90 for the Wii Fit. Read > Sony Testing Mysterious New Game Hardware In Japan Help MLB.TV Hear a Little More Chatter from Viewers Wii's Secret To Success: Young Boys And Old Women | |
Apple's Mac Growth Story Wiped Out By Recession A year ago, Apple's Mac business was its strongest growth driver. Now it'll be lucky if it doesn't shrink this quarter. The quarter is only halfway over, but early reports don't look good. Research firm NPD Group, which measures U.S. retail sales, says Apple's Mac unit sales dropped 6% year-over-year in January. Its Mac revenues dropped faster: 11%, according to NPD. What happened? Read > | |
Obama Stimulus Saves Microsoft Billionaire Hundreds Of Millions Billionaire Paul Allen is a Microsoft cofounder, the owner of the NFL's Seattle Seahawks and the owner of the NBA's Portland Trailblazers. And, thanks to the stimulus bill President Obama signed this week, he's also about to be as much as a billion dollars richer. Read > | |
Are The Sulzbergers Broke? Five years ago, when the New York Times Company's stock was trading at $45 and the equity was worth about $6.5 billion, the Sulzbergers' stake was worth about $1.2 billion, or $300 million each. In addition, the company was paying about $120 million a year in dividends, approximately $23 million of which accrued to the Sulzbergers--or $6 million each. (Nice!) Alas, times have changed. Now, with the New York Times Company's stock trading at $3.50, the company's equity is worth $500 million, which leaves the Sulzbergers with about $95 million, or about $25 million apiece. In addition, the company has just eliminated its dividend. Read > | |
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What's next for Sprint Nextel? Palm's Pre smartphone -- due before the end of June -- is the most anticipated new Sprint phone. But the company is still working with Google on an Android-based phone, Sprint CEO Dan Hesse assured us in an interview. Read > Inside Malone's Sirius-ly Good Deal If Sirius XM can survive a little longer, John Malone might have gotten himself one sweet deal - with an end-run around shareholder approval, of course -- for saving it. Read > Expect Windows 7 This Year Come Hell Or High Water Is Microsoft rushing Windows 7 out the door? So far, Microsoft still isn't committing to a release date for Windows 7, under the idea that if any bugs are found the company wants to be able to fix them without the black eye of "missing" a date that was artificial to start with. Read >HP Implements Across-The-Board Pay Cuts How can a troubled corp save money? Well, it can force unpaid time off on employees, like Cisco or Dell. There's the mass layoff option, happening at too many companies to list, most notably Microsoft. Read > Sprint Shows Progress, Wall Street In Love Dan Hesse's turnaround of Sprint Nextel is still far from finished. But the no. 3 wireless provider is showing some progress. And Wall Street is loving it: Sprint shares are up 27% today to $3.45. Read > | |
Facebook Privacy Snafu Is NBC Nightly News Playboy: Someone Please Buy Us! Is This Apple's New Mac Mini? EA CEO: The Recession Is Our 'Blessing In Disguise' | |
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