Archive for May, 2011

Wal-Mart To Sell 32GB HP TouchPad For $599

Amit Chowdhry | May 20, 2011 | 599 views | Add a Comment
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Hewlett Packard will be selling the 32GB HP TouchPad at Wal-Mart for $599 according to a tipster with PreCentral. This is comparable to Apple’s 32GB WiFi iPad 2. Wal-Mart will also carry the TouchPad-compatible Touchstone Dock/Stand. The Touchstone price is expected to be about $79.88. Wal-Mart will also likely carry the webOS Bluetooth keyboard for $69.88 and the TouchPad case for $49.888. The AC charger of the TouchPad is priced at $29.88. All of these devices and peripherals could be in stores as early as June 1st. [preCentral]

Comcast Cuts Off and Then Reinstates Funding For Nonprofit After A Negative Tweet

Amit Chowdhry | May 20, 2011 | 674 views | Add a Comment
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Comcast Corporation (NASDAQ:CMCSA) is very sensitive to criticism. Last week after Comcast decided to hire a sitting member of the FCC named Meredith Attwell Baker, an employee of the Reel Grrls nonprofit education program sent a tweet questioning whether this was a conflict of interest. Baker had voted in approval of Comcast’s merger with NBC Universal. Comcast cut off funding for Reel Grrls after that tweet was sent out.

BlackBerry PlayBook Misses Targets and Has Higher Return Rate Than Moto Xoom

Amit Chowdhry | May 20, 2011 | 823 views | Add a Comment
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The BlackBerry PlayBook sales has fallen short of the expectations at Research In Motion Limited (TSE:RIM). The PlayBook is also being returned at a higher pace than the Motorola Xoom. According to a BGR source, the PlayBook sales missed internal sales targets by over 90%. The return rate of the Xoom is already at a high number of 7%. Given that the return rate of the PlayBook is even higher, that means almost one out of every 10 people that buy a PlayBook ends up returning it. [BGR]

Nokia Using ST-Ericsson Chips For Windows Phone 8 Smartphones

Amit Chowdhry | May 20, 2011 | 613 views | Add a Comment
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When Nokia releases smartphones powered by the Windows Phone 8 operating system, they will use silicon from ST-Ericsson according to STMicroelectronics CEO Carlo Bozotti. Windows Phone devices currently use chips from Qualcomm. ST-Ericsson is a joint venture between STMicroelectronics and Ericsson.

Apple Signs Sony, EMI, and Warner For Cloud Music Service

Amit Chowdhry | May 20, 2011 | 821 views | 3 Comments
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Apple Inc. (NASDAQ:AAPL) has signed EMI, Warner Music, and Sony for their cloud music service. The only major music label left to sign is Universal Music Group. Universal is believed to be signing very soon. Both Amazon.com and Google launched cloud music services without support from any of the major music labels. The Apple iCloud service is believed to launch at the WWDC on June 6th. [TUAW]

The Numbers Behind LinkedIn

Amit Chowdhry | May 20, 2011 | 626 views | Add a Comment
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After LinkedIn went public yesterday, their stock price jumped over 100% above the initial price. Below are some of the numbers behind LinkedIn.
LinkedIn founded: 2003
# of LinkedIn users by end of 2003: 4,500
# of LinkedIn users by end of March 2011: 100 million.
# of shares LinkedIn sold in the IPO: 7.8 million.
Price LinkedIn set for IPO: $45
Price LinkedIn was going for immediately after going public: $83.
Current valuation of LinkedIn: Over $9 billion
LinkedIn Total Sales for 2010: $243 million
LinkedIn Total Profit for 2010: $15.4 million
Money earned by the company through IPO: $350 million
Estimated 2011 LinkedIn Revenue: $500 million
LinkedIn profit expectations for 2011: $0

Apple Daily Download Internal iPad News App Screenshot Leaks

Amit Chowdhry | May 20, 2011 | 1,085 views | Add a Comment
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9to5Mac has gotten their hands on a screenshot of the new “Daily Download” iPad newspaper app created for Apple employees. The app provides information about the store’s revenues and inventory. There is also revamped Concierge and RetailMe features in the Daily Download Apple app. Red Zone (sales floor), Family Room (support/training), Apple Connect, Apple Directory, EasyPay customer payment, Mobile Genius, and iRepair features are also built into the internal app. [9to5Mac]

Sony Thailand Website Temporarily Hacked

Amit Chowdhry | May 20, 2011 | 639 views | Add a Comment
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The Sony Thailand website was temporarily hacked. The URL for the Sony Thailand website temporarily hosted the homepage for an Italian credit card company. The error was discovered by web security company F-Secure. “We know you’re not supposed to kick somebody when they’re already down … but we just found a live phishing site running on one of Sony’s servers,” wrote F-Secure. This security breach has nothing to do with the PlayStation Network hack.

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