After suing Apple and 5 other publishers this morning for antitrust violations, it now appears that three of those publishers targeted by the initial lawsuit have settled with the government. The three publishers in question include Hachette, HarperCollins and Simon & Schuster. That leaves Apple and two other publishers – Macmillan and Penguin – still […]
Continue reading...Wednesday, April 4, 2012
Comments Off on WIth looming DOJ investigation, Apple may have to abandon “agency model” pricing on e-books
In late 2011, the US DOJ took a cursory look into the “agency model” of e-book pricing Apple instituted with its iBookstore. Under the agency model, Apple let publishers set their own price for books, albeit with the concession that they couldn’t sell said books at a cheaper pricepoint in other online venues. So the […]
Continue reading...Sunday, March 11, 2012
Comments Off on Trade in your iPad 2 at Amazon for impressive amount of store credit
With the new iPad set for launch on March 16, Apple isn’t putting the old iPad 2 to rest just yet. On the contrary, Apple is keeping the 16GB wi-fi version of the iPad 2 available for purchase for only $399. That’s great news for consumers, but not good news for current iPad 2 owners […]
Continue reading...Monday, February 20, 2012
Comments Off on Amazon takes swipe at iPad in new ad
Amazon last week released a new ad taking a clever swipe at Apple’s iPad. Whereas previous Kindle ads centered exclusively on the Kindle’s readability in sunlight (yawn), Amazon’s latest effort is more balanced and not too shabby. Of course, things kick off with a guy toting around what is clearly an iPad and lamenting his […]
Continue reading...Thursday, February 16, 2012
Comments Off on Number of Amazon Prime subscribers may be lower than initially thought – Analysts
It’s largely believed that Amazon barely breaks even, or at worst, actually loses money on each Kindle Fire device sold. Amazon’s strategy in that space is to make that money back via Amazon Prime subscriptions. But a new report from Bloomberg claims that the total number of Amazon Prime subscribers many be less than many […]
Continue reading...Tuesday, January 31, 2012
Comments Off on Amazon Q4 2011 earnings beat Wall St. consensus; profits down 58%
Earlier today, Amazon released their earnings results from 2011 holiday quarter and, suffice it to say, they’re no Apple. Though overall revenue came in at $17.43 billion, up 35% from the same quarter a year-ago, the company’s actual profits declined by a whopping 58% to $177 million. All told, Amazon reported earnings of $0.38 a […]
Continue reading...Friday, December 30, 2011
Comments Off on Amazon considered making a bid for RIM
Like a bat out of hell, the iPhone came along in 2007 and forever changed the smartphone landscape. Amazingly, some companies are still struggling to recover from Apple’s foray into the smartphone market, with RIM being a prime example. The Canadian based purveyor of BlackBerry devices is in turmoil. Earnings are on the decline because, […]
Continue reading...Tuesday, December 6, 2011
Comments Off on Steve Jobs biography is Amazon’s top selling book of 2011
Despite not hitting stores until the last quarter of 2011, Walter Isaacson’s biography of Steve Jobs is now Amazon’s best selling book of 2011 – an incredible feat given that it’s only been in stores for about two months. Still, the news shouldn’t come as much of a surprise given that pre-orders of the Steve […]
Continue reading...Tuesday, November 29, 2011
Comments Off on Apple.com on Black Friday was fifth most visited retail website
Apple this past Friday reportedly enjoyed its best single day sales period ever. All before 7 PM no less. With its strongest product lineup in history, not to mention more Apple retail stores than ever, one might say that the stars this holiday shopping season are aligning in Apple’s favor. Highlighting Apple’s growing popularity, recently […]
Continue reading...Monday, November 28, 2011
Comments Off on Apple blew away sales records on Black Friday
Black Friday is the busiest shopping day of the year and Apple was an active participant with attractive deals across its entire product line, save for the iPhone of course. And so the start of the busiest holiday shopping period began with a bang for Apple who, according to Seth Weintraub of 9to5Mac, recorded its […]
Continue reading...Friday, November 18, 2011
Comments Off on Amazon rumored to be prepping smartphone release in late 2012
The more I read about Jeff Bezos, the more I like him. Recently, Wired had a fascinating interview with the Amazon founder that really delves into the psyche of Bezos and how he views Amazon’s current position and future in the tech marketplace. Much like Steve Jobs, Bezos to his credit doesn’t overly concern himself […]
Continue reading...Friday, November 18, 2011
Comments Off on Kindle Fire sells for $199, while bill of materials cost about $202
The Amazon Kindle Fire is an interesting beast. Set to take on the iPad and other tablets, the Fire is able to leverage the media content of Amazon to give it a leg up on the competition. But it takes more than just a robust media content delivery system to compete with Apple as the […]
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Wednesday, April 11, 2012
Comments Off on 3 Publishers settle with DOJ; Apple, Macmillan, and Penguin still under fire