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Consumer

Retailers failing shoppers, smartphones could be the answer

October 19th, 2011

You are not alone if you walk into brick and mortar stores to check out a product only to turn around and buy it online later. According to a new study from Retrevo, 66% of all shoppers and 78% of smartphone owners “look at a product in a store” and then purchase the product online …

Back to business: RIM will lose consumer market, analyst says

May 27th, 2011

“We no longer anticipate Research in Motion recovering to participate in the mainstream of smartphone industry growth.” Those are the words of Matthew Robison, an analyst with Wunderlich Securities, which recently downgraded RIM’s stock. Robison argues that RIM is going to lose the consumer interest that it has built over the last few years. “Our …

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 …

Consumer survey shows Apple and HTC on the rise, RIM and Motorola in decline

July 15th, 2010

Changewave’s latest smartphone survey results are out and the compiled data confirms what most tech savvy people know: Apple and HTC are on the rise while Motorola, RIM, and Palm are on the decline. The survey queried over 4,000 consumers and questioned them about their future smartphone buying habits. Not surprisingly, the survey revealed that …

CircuitCity.com resurrected

May 23rd, 2009

Circuit City closed its doors earlier this year following a last ditch effort to stay afloat that just didn’t pan out. Some, such as the 35,000 or so people left without a job, were pretty sad to see the company go — there isn’t much competition these days as far as brick and mortar electronics …

Nokia is ditching business market and focusing on consumers

September 30th, 2008

Nokia announced yesterday that it is reallocating its resources and selling assets focused on the business and enterprise market. They are planning on stopping the research and development of business solutions and enterprise mail. Surprising, since Mail for Exchange 2.7 had just been released not long ago – which would lead some to believe that …