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Apple's iPhone sees lukewarm reception in China debut

Apple Inc.'s (NASDAQ: AAPL) iPhone has been selling like gangbusters in the U.S. since its debut in June 2007, but that kind of fever -- and the fever U.S. consumers felt at every iPhone launch in the U.S. -- seemed tepid by comparison when China Unicom unleashed the iPhone for sale last week.

Continue reading Apple's iPhone sees lukewarm reception in China debut

Google Voice ruffles AT&T's feathers yet again, along with many telecom operators

Google Inc. (NASDAQ: GOOG) just keeps on rolling out products that are keen on competing with established industries. The internet search giant now wants you to replace your cellphone number with only your Google Voice number. That's right -- replace your cellphone number and voicemail service with the Google Voice service and have all those voicemails transcribed to you and emailed or texted to yourself.

Continue reading Google Voice ruffles AT&T's feathers yet again, along with many telecom operators

Stars aligned for increase in IT spending

Windows 7, the latest operating system from Microsoft (NASDAQ: MSFT), is expected to help jumpstart some IT spending. Intel (NASDAQ: INTC) also sees this happening. A new operating system often means a chance to upgrade from dated equipment that isn't worth upgrading, especially with favorable pricing for technology right now. Everything's coming together for a strong 2010 for the high-tech sector, so it's also worth watching Hewlett Packard (NYSE: HPQ), Dell (NASDAQ: DELL) and EMC (NYSE: EMC).

Continue reading Stars aligned for increase in IT spending

Can Dell be changed enough to be seen as innovative again?

Michael Dell of Dell, Inc. (NASDAQ: DELL) has confirmed the launch of a Dell-branded smartphone sometime in 2010, one has to wonder this: why? Now that Dell has slipped to third place globally in terms of PC shipments, the computer direct selling pioneer now appears to be rather non-innovative, save for the Adamo paper-thin laptop PC that it keeps touting.

Continue reading Can Dell be changed enough to be seen as innovative again?

Acer passes Dell to become world's second-largest PC maker

Dell Inc. (NASDAQ: DELL) has perched precariously at the #2 spot among the world's largest PC manufacturers after larger rival Hewlett-Packard Corp. (NYSE: HPQ) passed it as the #1 several years ago.

Continue reading Acer passes Dell to become world's second-largest PC maker

Dell promotes Salesforce.com, eager for a taste of consulting cash

Salesforce.com (NYSE: CRM) has a new champion: Dell (NASDAQ: DELL). The PC manufacturer is promoting the online sales force-enablement platform as a way to gain access to the hefty sums available in the technology services business. The deal would give Salesforce.com access to Dell's clients in the small and medium-sized business categories. Dell would sell Salesforce.com products and provide consulting services to help clients integrate the solution with their other enterprise applications. The dollars and cents of this union weren't disclosed.

Dell sees the margins of the services business and wants a piece of the action, particularly since the PC sector is low margin. Also, sales have been hit pretty hard as a result of the financial crisis. With PCs accounting for 60% of Dell's top-line, a bit of diversity isn't a bad idea. Currently, services account for only around 10% of Dell's sales.

Continue reading Dell promotes Salesforce.com, eager for a taste of consulting cash

Seven characteristics of the rich and famous: A blueprint to uber-wealth

Those with aspirations of unfettered wealth look for clues everywhere. From top schools to unique talents, they build profiles of what it takes to become absurdly wealthy ... as though the process can be blueprinted. Well, if you're looking for answers, the Forbes 400 list is a great place to start. If anyone has mastered the art of making money, it's this collection of billionaires. They have the answers, and you are ready to learn.

A look at the lives of the Forbes 400 implies that the most important attribute is the ability to sift through ambiguity. Contradictions abound, meaning that shades of gray hold the answer to your burning desire for riches. Should you go to a great school? Well, yes ... but only if you're going for an MBA and plan to work for a major financial firm. But, you can still go to an Ivy League school if you're not studying finance but join Skull and Bones. Of course, dropping out of Harvard can be a great way to launch a career in the technology field.

It's tricky. There are no easy answers. But, the road to billions is littered with the corpses of aspiring magnates who thought it wouldn't be difficult. So, don't just read the seven attributes after the jump. Understand them. Read them twice. Then, your future financial situation will be assured.

Or, you can just do one of those chain e-mails and wish for wealth.

[Thanks, Forbes and MSNBC]

Continue reading Seven characteristics of the rich and famous: A blueprint to uber-wealth

Google turns 11 -- and Microsoft is its next target before turning 20

Google, Inc. (NASDAQ: GOOG) was born eleven years ago as more of an experiment, and exceeding anything founders Larry Page and Sergey Brin could have ever imagined. That company -- just over a decade old -- is now poised to challenge the world's largest software company -- Microsoft Corporation (NASDAQ: MSFT) -- as the leading supplier of digital information flow for countless individuals and companies.

Continue reading Google turns 11 -- and Microsoft is its next target before turning 20

AT&T, Google still waging battle over Google Voice on the iPhone

The infighting between AT&T Inc. (NYSE: T) and Google Inc. (NASDAQ: GOOG) just continues to get nastier as the line that constitutes a telecommunications provider continues to break down. Back when Google'e "Google Voice" application was not approved for use on the Apple, Inc. (NASDAQ: AAPL) iPhone this summer, the game began.

Continue reading AT&T, Google still waging battle over Google Voice on the iPhone

Best Buy CFO hints of video game industry involvement

Just a few weeks after speculation that Best Buy Co. (NYSE: BBY) may be on the lookout for buying up video game retailer Gamestop Corp. (NYSE: GME), the CFO of the largest consumer electronics company in the U.S. is now saying that the used video game industry is "strategically very interesting." This is sly-speak for "we're on the prowl for the acquisition in the space that makes the best sense."

Continue reading Best Buy CFO hints of video game industry involvement

Apple accused of being monopolist, sued over new Snow Leopard software

Apple, Inc. (NASDAQ: AAPL), the consumer electronics manufacturer with unmatched style, was just accused of being a lame monopolist. Why? For ensuring the operating system software it makes only runs on personal computers it manufactures itself. Oh, the horror!

Continue reading Apple accused of being monopolist, sued over new Snow Leopard software

Best Buy downgraded by Goldman on fears of Wal-Mart competition

Best Buy, Inc. (NYSE: BBY) shares were downgraded by Goldman Sachs from Buy to Neutral this week. Analyst Matthew Fassler indicated that Best Buy would continue to see increased pressure from online retailers, as well as mass discounters like Wal-Mart Stores, Inc. (NYSE: WMT), which continues to upgrade its consumer electronics assortment and brand selection.

On the Wal-Mart front, the largest retailer in the world still is vastly inferior to Best Buy in terms of brand selection, assortment and even pricing -- so Fassler may be calling this a little too early. In the flat-panel television and PC categories, for example, Best Buy continually outshines Wal-Mart in just about every way from this writer's chair. Perhaps Wal-Mart will get better. Target Corp. (NYSE: TGT), on the other hand, is nowhere close to either Best Buy or Wal-Mart.

Continue reading Best Buy downgraded by Goldman on fears of Wal-Mart competition

Wal-Mart drops laptop PC prices for back-to-school shoppers

Wal-Mart Stores Inc. (NYSE: WMT) has been improving its consumer electronics sections in stores for some time now as a way to better compete with national retailer Best Buy, Inc. (NYSE: BBY). Best Buy has, from what I have seen, been way more aggressive in laptop PC pricing for at least a year.

Continue reading Wal-Mart drops laptop PC prices for back-to-school shoppers

Is Best Buy lonely at the top? Doubtful

Now that Best Buy, Inc. (NYSE: BBY) is the last surviving member of the national specialty consumer electronics retail club, where can it go? Up and up. Sure, mass chains like Wal-Mart Stores, Inc. (NYSE: WMT) and others have stepped up to the plate and are greatly enhancing their consumer electronics sections, but then again Best Buy has a new CEO who is thinking differently and isn't going to give an inch if he can help it.

Continue reading Is Best Buy lonely at the top? Doubtful

Microsoft to open retail stores near Apple locations

Microsoft Corp. (NASDAQ: MSFT) will be employing another "me too" move this year as it opens retail locations near existing Apple, Inc. (NASDAQ: AAPL) retail stores. This is apparently meant to be a second act to the "laptop hunter" ads the software giant has been running that tout the affordability of Windows-powered laptops above Apple's more expensive MacBook laptops. But retail stores? What gives?

Continue reading Microsoft to open retail stores near Apple locations

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Symbol Lookup
IndexesChangePrice
DJIA-14.2810,318.16
NASDAQ-10.782,146.04
S&P 500-3.521,091.38

Last updated: November 22, 2009: 07:35 AM

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