Sharp Corp. this week began warning the media and, through them, investors that it is likely to miss its forecasts for revenues and profits for the fiscal year set to end March 31, 2015…and miss big. Just days after the International Consumer Electronics Show in Las Vegas where Sharp excitedly showed a large roster of new products, the company is hinting that it may have to take extraordinary steps to stem a newly expected tide of red ink.
Pivot Point
GoPro Stock Hit Hard As Word of New Apple Patent Leaks
GoPro, Inc., the specialty manufacturer of sports-oriented cameras and camcorders, saw its stock plummet 12% in just one day on Tuesday when word leaked out of a new patent awarded to Apple, Inc. that appears to be for a remote control camera system. Although there was no official announcement from Apple about the product, word about the patent and its possible impact on GoPro spread around Wall Street like wildfire.
See more on this dramatic repricing of GoPro based on a future Apple product… [Read more…] about GoPro Stock Hit Hard As Word of New Apple Patent Leaks
DOW Electronics Expands Into TX & OK via Acquisition of Eagle Distributors
Tampa, FL-based DOW Electronics, Inc. announced this week that it has reached “an agreement in principle” to acquire Eagle Distributors, LLC of Kenner, Louisiana. The deal, which represents a rather dramatic expansion of DOW’s geographic reach, is expected to close by mid- to late-February.
Learn more about this surprising announcement out of Florida… [Read more…] about DOW Electronics Expands Into TX & OK via Acquisition of Eagle Distributors
Future Ready Solutions Launches a New Kind of Connectivity Supplier
Adds Kordz to Its Line-Up of Select Connectivity Solutions
On the eve of the 2015 Consumer Electronics Show we received the announcement of the launch of a new kind of connectivity supplier called Future Ready Solutions (FRS). Launched by Bodley & Associates founder Eric Bodley, we have learned that FRS is a distinctly different kind of company – sort of a hybrid really – seeking to set the standard as your preferred provider of mission-critical connectivity solutions.
Learn more about this new kind of hybrid supplier of connectivity solutions… [Read more…] about Future Ready Solutions Launches a New Kind of Connectivity Supplier
At CES, TiO Not Only Turns it On – But They Turn it Up As Well
Anuva Automation’s TiO division held a meeting at CES 2015 Monday evening with its national sales force to deliver an important message – they have arrived…and they can prove it. TiO (which is short for Turn It On) has had a long and, at times, troubled history – which has caused some in the industry to question its viability. And it was this question mark that the company sought to permanently erase from the doubters’ minds.
See how TiO made their case at CES with its national sales team… [Read more…] about At CES, TiO Not Only Turns it On – But They Turn it Up As Well
Risky Business: Monster Sues Beats Alleging Fraudulent Practices
As the 2015 International Consumer Electronics Show (CES) kicked off yesterday in Las Vegas, attorneys for Monster, LLC and owner Noel Lee were busy filing a lawsuit in a California Superior court against Beats Electronics, LLC, Andre Young (Beats founder better known as Dr. Dre), Paul D. Wachter (a Beats director), Jimmy Iovine (Beats founder), and HTC (a Taiwanese company that allegedly at one time owned a majority interest in Beats). Multiple published reports carried the rather salacious claims by Monster and “Head Monster” Noel Lee about the allegedly nefarious business practices of Beats, its founders, certain directors, and some of its partners.
See more on this surprising litigation… [Read more…] about Risky Business: Monster Sues Beats Alleging Fraudulent Practices
LG Conveys Cool Confidence, in OLED and More
Starting off press day at CES 2015 with a bang, LG Electronics, Inc. seemed to us to convey a decidedly cool confidence. In the past, LG could be defensive…often struggling to emerge from the shadows of its larger rival – Samsung.
But this year, LG was confident and optimistic… [Read more…] about LG Conveys Cool Confidence, in OLED and More
TiO Expansion Continues – Now Shipping TouchLite 4 Lighting Control
Turn It On (TiO), a division of Anuva Automation, announced this week that it is now shipping their TouchLite 4 Lighting Control pad. The announcement is significant for multiple reasons – not the least of which, the TL 4 is its first device that expands the TiO system beyond its original audio foundation.
But the news is significant for other reasons as President Mike Anderson shares with us… [Read more…] about TiO Expansion Continues – Now Shipping TouchLite 4 Lighting Control
Strange Bedfellows? Dish Adds Netflix to Its Hopper Box
Dish Network Corp. announced today that it is the first major pay-TV provider in the U.S. to integrate the Netflix app into its set-top box. With this system, available on their second generation Hopper, users can access their favorite Netflix movies and shows, such as House of Cards and Orange is the New Black. And this Netflix content resides side-by-side with “linear” TV channels.
See more on this pairing of strange bedfellows… [Read more…] about Strange Bedfellows? Dish Adds Netflix to Its Hopper Box
On Eve of Trial, Savant & Crestron Settle Lawsuit
BREAKING NEWS
We’ve learned today that the long running legal battle between automation giants Savant Systems and Crestron Electronics has been settled on the eve of the case going to trial. The suit was originally filed in September 2010 by Savant Systems, LLC, which alleged that Crestron Electronics, Inc. had – amongst other things – engaged in a variety of anti-competitive and unfair trade practices. Crestron denied Savant’s allegations and launched their own countersuit alleging that Savant had – amongst other things – engaged in tortious interference with contractual relations; and, unfair & deceptive acts in the conduct of trade.
