Posted by Mark J. Miller on October 25, 2013 01:45 PM
Microsoft chief Steve Ballmer may be heading out the door in the next year, but he certainly doesn't have a case of Senioritis. He's aiming to finish out strong as the company moves to refocus its efforts on devices and services—an increasingly crowded space where the company will face Apple, Samsung and others head-on.
And it's been a rough road so far. The company has endured backlash over its new tile-like Windows design, and its Surface tablets have underperformed. With better hopes for its mobile business, the company acquired Nokia's devices division last month, but how the two companies will meld their operations and offerings is still unclear. In desperate need of a pick-me-up, the company posted a profitable first quarter.
The company reported revenues of $5.24 billion, up from the $4.47 billion it earned at the same point last year, as sales climbed 16 percent to $18.5 billion. The boost is mostly built on the demand for corporate software such as SQL database server, SharePoint, Exchange for e-mail, and Lync for corporate messaging and telephony. While not as 'sexy' as say, the iPad Air, they pay the bills.Continue reading...
Posted by Sheila Shayon on October 22, 2013 04:11 PM
Confirming rumors, Apple today unveiled an updated line of iPad tablets and Mac computers and laptops, capitalizing on the market's renewed interest since its record-breaking iPhone launch last month.
But the tablet market is becoming nearly as saturated as the smartphone market, with new entries from Amazon's Kindle line, Nokia, Microsoft, Samsung and more, so Apple is hoping improved displays and more agile devices are enough to lock-in its market share.
Apple, which counts iPad sales as its second-greatest source of revenue behind its iPhone line, unveiled a slimmer, faster tablet, the iPad Air, which features the same 7.9-inch form as its predecessor but sports an improved processor, lighter (1lb!) design and Retina display. The $499 device, which is pricey compared to Amazon's line of Kindles, including its new HDX, will also come with Mac's operating and work software free of charge.
Apple also unveiled a faster, lighter MacBook Pro with new desktop operating system Mavericks (which upgrades Mac OS X), as well as as the new cylindrical Mac Pro, whose futuristic look promises "screaming speed" and functionality.
In a major shift in strategy, by giving away Mavericks for free, along with free downloads of iWork and iLife, it's a tacit acknowledgment by Apple that software is a means to sell hardware—and that it's now in the shareware business.Continue reading...
Posted by Dale Buss on October 22, 2013 09:14 AM
Nokia unveils its first tablet.
Fisher-Price increases digital spending by half and targets Millennial moms.
SAB Miller targets mixed-gender drinking occasions.
Apple prepares 65-inch TV for release next year, analysts say.
Caesar's Entertainment faces money-laundering probe.
Dollar General pilots gas station.
eBay emerges as training ground for start-up CFOs.
Heineken promotes stylish home-draft system.
Hyundai recalls 27,500 Genesis sedans for brake issue.
Mercedes-Benz plans station-wagon version of CLA.Continue reading...
Posted by Dale Buss on October 21, 2013 09:27 AM
Netflix poised to pass HBO in paid US subscribers.
Chipotle raises menu prices for '14 due to higher costs, GMO shift as it moves East with tofu burrito.
Under Armour opens store in Shanghai and seeks the next big thing with inventor competition.
AT&T receives $4.9 billion in cell-tower deal.
Amazon bets on "betas" to turn web viewers into shoppers.
Apple adjusts tablet strategy to protect lead.
Art Van Furniture extends Michigan based into Chicago market.
Associated Press plans to enable sponsored content.
BlackBerry raises Canadian security concerns with potential deal abroad.
Bon Appetit is magazine of the year for Advertising Age.Continue reading...
Posted by Dale Buss on October 9, 2013 08:47 AM
Yum! Brands profit drops a staggering 68 percent.
Brooks Brothers plans to open restaurant.
Samsung unveils phone with curved screen but sees US back Apple instead in portion of IP dispute.
A123 Systems shifts to focus on supplying batteries for hybrids, not EVs.
Fazoli's debuts fast-casual concept.
Ford tests driverless-car parking.
Fox News sees new primetime anchor Megyn Kelley draw large, older audience.
Jamba Juice downgrades outlook.
Jimmmy Choo co-founder ready to launch another blockbuster brand.
Jos. A. Bank bids for Men's Wearhouse.Continue reading...
Posted by Dale Buss on October 4, 2013 09:34 AM
Amazon greenlights three new TV pilots and readies set-top box.
Samsung predicts record operating profit.
Chevrolet tries on Google Glass.
Banana Republic creative director steps down after five years at the brand.
Boeing sees commercial deliveries rise.
Cars.com plans to sit out Super Bowl after six years in Big Game.
Facebook reveals plans for Instagram.
Fiat isn't close to deal with UAW for Chrysler stake.Continue reading...
Posted by Dale Buss on October 1, 2013 09:21 AM
Aquafina introduce water line targeting teens.
Amazon plans to hire 40 percent more seasonal workers for this holiday.
Infiniti plans to cut inventories and raise standards for dealers.
AT&T plans ultrafast-internet system for Austin, Texas.
Adobe targets next generation of creatives.
Cardlytics debuts new visual identity and logo.
CNN and NBC scrap projects on Hillary Clinton.
Chrysler reports best September sales since 2007; all US automakers report today.
Dish Network and Walt Disney reach short-term deal to avoid blackout.
GM encounters softening sales in India.
Google closes in on deal to end European antitrust case over search.
Heineken hints at creating "high-end" home-beer machine.
JPMorgan settlement could falter over question of "wrongdoing."
Merck aims to save $2.5 billion by cutting additional 8,500 jobs, extending layoffs to 20% of workforce in shift to sales-driven R&D.
Microsoft and Nokia make inroads in Europe's lower-end smartphone market.Continue reading...
Posted by Dale Buss on September 26, 2013 09:21 AM
Twitter and NFL agree to sell video-ad packages together as Twitter introduces emergency alert system.
Red Bull refuses to pull controversial ad using Titanic in UK.
Target rolls out its movie-streaming service.
Air Products looks for new CEO.
Boeing works to fix 787 glitches.
Daimler launches US campaign for Car2Go car-sharing service.
Darden Group defends pay practices for restaurant employees.
EBay buys Braintree global payment platform.
Elle and Cosmopolitan plan to include actual vials of perfume with next issues.
Fonterra pushes forward with own-brand in China despite recall.
Groupe Danone faces bribery allegations in China.Continue reading...