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2010

LG projects slowed growth in 2011, still shoots for record sales

December 28th, 2010

LG Group announced Tuesday that it projects record sales of nearly $136 billion in 2011. LG also stated that 2010 sales are estimated to come in at $123 billion, an impressive 13% improvement over 2009. LG’s 2011 sales projections would set a new record for the company, though its growth rate would slow to 11% …

Wedge Partners: iPad demand strong over holidays; competitors are ‘junk’

December 28th, 2010

In a note to investors this week, Wedge Partners’ Principal and Equity Analyst Brian Blair had some strong words for iPad rivals’ retail performance over the holidays. Seemingly not one to mince words, Blair said that consumers had little or no interest in tablets other than the iPad this holiday season, calling the iPad’s competition …

Amazon’s Kindle Wi-Fi is sold out ahead of Christmas

December 21st, 2010

The Amazon Kindle’s position as one of the top electronics gifts of the 2010 holiday season is reaffirmed today as Amazon notes that the Wi-Fi-only version of its popular eBook reader is currently sold out. New orders will not be delivered until after Christmas, and Amazon suggests interested parties purchase the more expensive Kindle 3G …

Propelled by Kinect, Microsoft’s Xbox outsells Wii, PS3 again

December 10th, 2010

According to analytics firm NPD Group, Microsoft’s Xbox gaming console has outsold Nintendo’s Wii and Sony’s PlayStation 3 for the sixth consecutive month. Microsoft moved roughly 1.37 million consoles during November, representing a 68% increase from the same period last year. Several weeks ago, the Redmond company announced that it had sold over 2.5 million …

comScore predicts 11% increase in holiday spending, highest on record

November 24th, 2010

Analytics company comScore is forecasting that consumer spending this holiday season will rise more than 11%, making this year’s figure the highest on record. The company has already published the purchasing figures for the first three weeks of November, which total $9.01 billion and are 13% higher than last year. “We are seeing online spending surpass the totals we …

Apple ramps up iPad production ahead of holidays

November 23rd, 2010

Reaffirming a note sent to investors last week by RBC Capital Markets, DigiTimes now reports that iPad production has been increased ahead of the 2010 holiday season. iPad builder Foxconn Electronics has purportedly begun manufacturing iPad units at its new plants in Chengdu, China. These new plants are each capable of assembling 10,000 iPads each …

HP reports Q4 earnings; revenue up 8% to $33.5 billion

November 22nd, 2010

Hewlett-Packard reported a solid quarter Monday evening, as the consumer electronics giant posted earnings that beat analyst expectations. HP’s net revenue in its fiscal fourth quarter of 2010 came in at $33.3 billion, up $2.5 billion from the fourth quarter last year. Non-GAAP diluted EPS was also up year-over-year, jumping 17% to $1.33. HP raked …

BGR’s guide to Black Friday 2010

November 22nd, 2010

You’re still stuffed from a supersized feast the day before but you manage to pry yourself out of bed hours ahead of sunrise. A quick shower does little to wash off the shame brought on by having ingested five slices of pumpkin pie, but at least it helps to wake you up. As you exit …

Hitachi shows off stylus-friendly capacitive touchscreen

November 16th, 2010

Some might say a capacitive touchscreen that also accepts input from a stylus or a gloved finger is the white whale of the cell phone industry. Ok — most people probably wouldn’t say that. But a single touchscreen that can respond just as well to a finger as it can to a stylus is a …