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Thursday, February 12, 2009 |
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RIM: BlackBerry Sales Strong, Margins Weak BlackBerry maker Research In Motion says Q4 subscriber growth is beating its expectations but margins and profits will disappoint. Strong subscriber growth means more marketing expenses and selling more new devices at lower margins, which means weaker profitability overall. The big question for RIM: Will it ever be able to inch margins up again? Read > New BlackBerry Curve On Sale Today For $200 AdMob Teams Up With MADS For Mobile Ads In Europe | |
Here Comes Carol Bartz's Yahoo Re-Org New Yahoo CEO Carol Bartz will spend two days meeting with Yahoo managers as a group at an offsite in Sunnyvale, BoomTown reports. If Carol reveals a grand new plan for the company, BoomTown's sources "inside and outside the company who have spoken with [Carol]" expect it'll be a plan that simplifies Yahoo's decision-making processes and reduces an overstaffed management class. Read > | |
Apple Paving Way For Cheaper Apple TV, iPhone Movie Streams? How could Apple get more people to buy its Apple TV set-top box? By making it cheaper. At $230 (and up to $330), it's an expensive bet. Especially in a recession, and especially when you can watch Netflix and Amazon streams on a $99 gadget. Read > | |
Sirius Flashback: Karmazin 'Confident' Could Refinance Debt Sirius XM investors bailed on the stock today, sending shares down 52% to 5.5 cents, as the debt-laden satellite radio company reportedly considers bankruptcy (or a last minute bailout from EchoStar mogul Charlie Ergen). But things weren't always so grim! Recall Sirius boss Mel Karmazin's words last December... Read > | |
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British gaming trade group TIGA has long complained that the UK's relatively high tax rates aren't just anti-competitive, it argues the tax breaks other countries dole out to game publishers violate international trade agreements. So at TIGA's request, the UK (via the EU) lodged a protest with the WTO, specifically picking on Canada for its generous supports to videogame companies. Read > Blockbuster Adding Online Game Rentals Blockbuster's latest plan to catch up to DVD rental service Netflix: It's adding online game rentals to its Netflix-like Total Access online rental service. Read > Activision Beats The Street, Guidance Lousy Hopes were running high Activision Blizzard would buck the trend of major gaming companies doing poorly. The company turned in mixed results, beating on EPS and adjusted revenue, but it is warning investors of a tough 2009. Read > Charlie Ergen Pounces On Sirius XM EchoStar mogul Charlie Ergen has made another play for Sirius XM, offering to restructure its debt and refinance it in exchange for control of the company. No word yet from Mel Karmazin, who was last seen banging the drum and saying Sirius would be able to refinance its debt no problem. Read > Michael Phelps Loses Another Endorsement Deal: IBM Another bong-hit casualty: At the last minute Michael Phelps bowed out of a scheduled Tuesday night speech before IBM employees at a Las Vegas company convention. Read > | |
Italy Considering National Ban On Facebook Maryland Assembly Lifts Ban On Facebook, Keeps Ban On MySpace Tesla CEO: We Will Be Profitable By Middle Of Year How To Make Money On Facebook: Extortion | |
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