Ever since Apple stopped listing exact sales numbers for iPhone App Store applications, developers have been seeking some sort of guide to how sales rank translates to actual unit totals. One developer, Joel Comm, has released rank-to-sales stats for his dubious "iFart Mobile" application, as follows:12/12 - 75 units - #70 entertainment 12/13 - 296 units - #16 entertainment 12/14 - 841 units - #76 overall, #8 entertainment 12/15 - 1510 units - #39 overall, #5 entertainment 12/16 - 1797 units - #22 overall, #3 entertainment 12/17 - 2836 units - #… Read more
Holiday spending on electronics for family members remains high on the to-do list, according to a survey by IDC and the National Research Network (NRN).
According to results from a survey of more than 3,000 consumers, 62 percent indicated they planned to spend the same amount or more on electronics for family members this holiday.
Those surprising results come as big-box electronics retailers face a challenging time. Best Buy announced a 77 percent drop in earnings and call for employee buyouts earlier this month and Circuit City filed for Chapter 11 bankruptcy last month.
Nonetheless, consumers are maintaining their … Read more
New York wants a share of iTunes' money.
The state is staring at a $15.4 billion deficit so Gov. David Paterson is proposing an "iPod tax" as part of his state budget. Under the plan, New York would charge state and local sales tax for "digitally delivered entertainment services," according to a story in The New York Daily News.
That includes e-books downloaded to Amazon's Kindle as well as for the digital songs obtained from Apple's iTunes. If the state legislature passes the governor's plan, the price of digital content for New … Read more
This blog was corrected at 3:35 p.m. PT to clarify the number of Best Buy employees offered buyouts.
Although Black Friday sales were better than expected, Best Buy's third-quarter earnings brought another heaping of bad news for the embattled electronics retail industry.
For the third quarter of 2008, Best Buy reported earnings Tuesday of $52 million, or 13 cents per share, on revenue of $11.5 billion. Wall Street had been anticipating earnings of 24 cents per share and revenue of $11.09 billion. It's a 77 percent drop from the same quarter a year ago, … Read more
Apple has been something of a golden child among makers of computers and consumer electronics. But now it, too, is showing at least a hint that the good times can't last forever.
In November, says market researcher NPD Group, sales of the company's Mac products slipped 1 percent from the same month a year ago, even as industrywide PC sales were up 2 percent, according to a report in the online edition of The Wall Street Journal.
Apple has been the pacesetter amid overall PC sales for some time. And it does continue to hold those honors, at … Read more
RadioShack is selling an Acer Aspire One 3G Netbook for $99, with a two-year AT&T DataConnect contract.
The Acer Aspire One grabbed 38.3 percent of Netbook market share in the third quarter, propelling it past industry pioneer Asus and its Eee PC 4G.
Acer's Aspire One normally sells for about $300.
The RadioShack-AT&T offer, as previously reported, is valid through December 24. The 2.44-pound, 9.8-inch by 6.7-inch Netbook includes:
Built-in 3G capability 802.11b/g wireless (Wi-Fi) 8.9-inch LCD screen Built-in Webcam Intel Atom processor &… Read more
Apple has announced catalog and download numbers for iPhone applications in the form of a full-page ad that ran in Friday's edition of The New York Times and The Wall Street Journal.
The ad, which can be seen after the page break, boasts that more than 300 million applications have been downloaded from a catalog that now tops 10,000 different apps. That information confirms recent reports on the total number of available programs. Still missing, however, is any sort of breakdown on how many of those 300 million downloads were free versus paid applications.
Christmas came early for Google.
The Internet search giant posted double-digit year-over-year Cyber Monday gains on a select group of consumer categories, including department stores, books and magazines, home furnishings, and sports and fitness, according to its retail blog.
Paid click results rose a whopping 39 percent for department store searches, while books and magazines were up a healthy 28 percent. Bargain hunters, meanwhile, drove up comparison shopping clicks by 25 percent and sports and fitness by 24 percent, analyst Ben Schachter noted in a research report released Friday.
Home furnishings settled in with a comfortable 14 percent increase, while … Read more
Update at 10:30 a.m. PST, with information from IDC holiday spending report.
The Grinch has made off with Christmas.
In yet another sign that e-commerce is taking a hit over the holidays, online sales growth projections for the critical November-December holiday shopping season were cut by more than half Tuesday in a survey released by digital marketing and media research firm eMarketer.
Online sales are expected to grow a mere 4 percent year over year to $30.3 billion during the two-month period, versus eMarketer's previous projection in May of 10.1 percent growth, or $32.1 … Read more
Warner Music Group, the label that represents such acts as REM and Green Day, is the second major recording company to report healthy growth in digital sales during the past quarter.
On Tuesday, Warner reported that digital sales in the quarter ended September 30 grew 27 percent to $167 million, up from $131 million during the same period last year.
Warner also beat Wall Street expectations by reporting earnings of $6 million or 4 cents per share on revenue of $854 million. Analysts had expected to a loss of 2 cents per share on $837 million in revenue.
Two weeks … Read more