Palm and Research In Motion may have been heading in different directions recently, but they're both trying to keep pace with a new breed of competitors in the rapidly evolving smartphone market. If their new devices and products in development are any measure, both companies seem determined to protect their turf.
The news business can be an ugly business sometimes. Just ask Apple and its CEO Steve Jobs—the subject of an erroneous obituary report Thursday. We in the news business sensationalize, we rationalize, we sanitize, we get things wrong, and sometimes we stick with stories far too long. But the ugly little truth is that the news business can actually (mis-)manage the news itself...
Here's an intriguing tidbit, courtesy of The Wall Street Journal: Google and Verizon are on the verge of a deal, whereby Google would be the default search engine for the carrier, and the two would split ad revenue. While the deal isn't done yet, it offers up interesting scenarios -- and would represent another loss for Microsoft.
Apple's "Mac vs. PC" ads are advertising legend now, and in 30 seconds can do more to spotlight the differences between Apple and Microsoft than just about anything else. So effective, they even annoyed Bill Gates. Microsoft's counter-attack? Jerry Seinfeld (!)
There has been so much written about Apple and the iPhone recently: the 3G issues, the MobileMe mess, the so-called Apps Kill Switch controversy, the iPod and its battery/BBQ issues, the company's $20 billion in cash, and a stock that continues to try to claw its way back from the doldrums. What investors ought to be focusing on, instead, is the back-to-school shopping season.
First there was the craziness with Yahoo and Microsoft. Will they? Won't they? Should we even care anymore? Now, to quote Yogi Berra, it's like deja vu all over again, with investors in Electronic Arts and Take-Two Interactive wondering whether this marriage will ever come off, or whether the wheels come off the deal instead.
China's economic growth is expected to stabilize in the third quarter, helped by a shift of government policy towards sustaining growth, a major government research institute said on Friday.
The moment I first saw Amazon's Kindle electronic book reader, I thought, "Oh wow, here's a product searching for a market, rather than an innovation addressing an unmet market need." Flash forward to today as Citigroup doubles its Kindle sales projections, from 190,000 to a whopping 380,000 units this year.
When Apple was preparing to launch its "app store" for iPhone, the online software marketplace of free and for-sale third party developer applications, I suggested then that this was potentially the great hidden gem in the iPhone story. That App Store might some day rival iTunes as a revenue stream.
Following are Wednesday's biggest winners and losers. Find out why shares of Consol Energy and Flowserve popped while News Corp and Sprint Nextel dropped.