<February 15, 2012> The NPD Group, a Port Washington, New York-based market research company said on Monday that total consumer electronics sales including both hardware and consumables, fell .5% to come in at a total of almost $144 billion. NPD’s data represents retail sales that the organization collects from retailers and totals. [Read more…] about NPD Says Consumer Electronics Sales in 2011 at $144 Billion Are Down
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TV War Won, Samsung Considers Spinning Off its Money-Losing LCD TV Business
<February 15, 2012> Samsung Electronics Co. surprised many in the industry today when it revealed that it is considering spinning-off its LCD flat-panel television business which is losing money amid a worldwide slowdown in consumer demand according to a report by Reuters. The company says letting the LCD business go will allow it to focus on what it believes will be the next wave in television technology – OLED which it hopes will stimulate consumer demand …and company profits. [Read more…] about TV War Won, Samsung Considers Spinning Off its Money-Losing LCD TV Business
The Apple Report – Ripe or Rotten?
<February 15, 2012> While Wall Street has been oooing and aaahhhhhing over Apple, Inc.’s stock breaching a significant price of $500 per share earlier this week…only to drop below it again in trading today (closing at $497.67)…there has been a slew of significant Apple-related stories in today’s news on several major fronts. We offer below a summary of these significant stories from today’s press: [Read more…] about The Apple Report – Ripe or Rotten?
New Wave of Apple iTV Rumors Circulate as Industry Remains on Edge Waiting for Launch
<February 8, 2012> Several reports of new iTV “sightings” have emerged around the Internet with many coming out of Canada as Apple is said to have submitted samples of its latest innovation – a revolutionary new television design – to various testing agencies for approval. [Read more…] about New Wave of Apple iTV Rumors Circulate as Industry Remains on Edge Waiting for Launch
Samsung & LG Outline Aggressive TV Biz Growth Plans
<February 8, 2012> Samsung Electronics Co. and LG Electronics, Inc. plan to launch aggressive expansion of their flat panel television divisions in 2012, according to a new report in the Nikkei. And these aggressive plans contrast sharply with those of Japanese television manufacturers, who are looking for ways to cut their overhead in a search for profitability. [Read more…] about Samsung & LG Outline Aggressive TV Biz Growth Plans
S&P Cuts Sony’s Credit Rating to Just Above Junk, Issues Negative Outlook
<February 8, 2012> Credit rating agency Standard & Poor’s today cut the long-term debt rating on Sony Corporation to BBB+, just two notches above “junk” status, and further issued a negative outlook which suggests a potential further drop in the future. In a statement, S&P said that “the likelihood of a strong recovery in Sony’s earnings is low.” [Read more…] about S&P Cuts Sony’s Credit Rating to Just Above Junk, Issues Negative Outlook
Super Bowl Ads – Most Were Not So Super
<February 8, 2012> The Super Bowl for us this year was a doubly exciting event. Why? Well first, the New York Football Giants, our favorite NFL team, was one of the participants. And if you didn’t hear – the Giants WON!!! Secondly, as marketers, we look forward to the advertisements, as this event has come to have “super” meaning to the advertising industry as well. [Read more…] about Super Bowl Ads – Most Were Not So Super
10 Phrases Salespeople Hate to Hear
<February 8, 2012> BusinessBrief.com published this list of ten phrases that salespeople hate to hear. I’m willing to bet that, like me, you’ve heard one or two of these during your career. [Read more…] about 10 Phrases Salespeople Hate to Hear
Only Months Later, Pioneer Launches the Next Generation of Its Popular AppRadio
>> See a slideshow of the Pioneer 2012 CES Press Conference here… <<
<February 1, 2012> Pioneer Electronics USA, Inc. surprised everyone only months ago in the summer of last year with their launch of a radical new product called the AppRadio [ see our story on the original AppRadio here ]. Now, only a matter of months later, the company has hustled to get out a muscled next generation version called AppRadio 2. [Read more…] about Only Months Later, Pioneer Launches the Next Generation of Its Popular AppRadio
Samsung’s Big Story from Big CES Press Conference is OLED
>> See an extensive slideshow of Samsung’s CES press conference here <<
<February 1, 2012> Samsung Electronics Company, Ltd., the world’s largest provider of televisions, wow’d the crowd at CES last month with a stunning display of 55-inch OLED flat panel televisions. Kicking off the show on press day with far-and-away the largest standing-room-only press conference of the day, Samsung showed again why they lead the field with a major commitment to a new technology – OLED. [Read more…] about Samsung’s Big Story from Big CES Press Conference is OLED