Archive for April, 2012
More People Have Mobile Phones Than Electricity Or Drinking Water (AAPL, GOOG)
Source: http://www.businessinsider.com/chart-of-the-day-putting-global-mobile-in-context-2012-4
How big is mobile? Really big. This slide from analyst Chetan Sharma shows that mobile is the most pervasive technology ever invented.
As you can see, mobile has deeper penetration than electricity and safe drinking water.
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Source: http://gizmodo.com/5906317/we-waste-a-billion-gallons-of-gas-a-year-because-were-so-fat
Heavier cars use more fuel. Now some bright spark has calculated that the US uses one billion gallons more gas every year than if the entire population had remained at the average weight of the 1960s. For every extra pound added to the average weight, the country uses another 39 million gallons of fuel each year.
So complain about gas prices if you must, but the rapid increase you should really be worried about is your waistline. [The Atlantic]
Image by TheeErin under Creative Commons license
Nokia could sell luxury Vertu brand to VC firm for $265 million
Source: http://www.engadget.com/2012/04/30/nokia-vertu-vc-firm-permira/
As much as it’d be interesting to see Windows Phone running on a $21,000 gold-plated cigar lighter, that’s probably never going to happen. According to the UK’s Financial Times, Nokia has been trying to hive off its luxury Vertu brand for months already, and has finally found a suitor with the right cash / sense ratio. Although still far from a done deal, we’re told that venture capitalist firm Permira is willing to contribute up to $265 million to Nokia’s needy coffers — which might sound like a lot, but is mere costume jewelry to a manufacturer that just lost $1.7 billion.
Nokia could sell luxury Vertu brand to VC firm for $265 million originally appeared on Engadget on Mon, 30 Apr 2012 03:04:00 EDT. Please see our terms for use of feeds.
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Wolfram Alpha releases first desktop PC app for Windows 7, makes homework even easier
Source: http://www.engadget.com/2012/04/27/wolfram-alpha-releases-first-desktop-pc-app-for-windows-7/
Have a habit of letting Wolfram Alpha do your math for you? Well, say hello to one more tool in your computational arsenal — the electronic homework lackey self-described knowledge engine is now available as a Windows 7 desktop app for $2.99 at the Intel AppUp store. In addition to providing desktop analytics on the works of the Bard, the Wolfram Alpha app features extended copy / paste support for graphics and queries, a full-screen optimized user interface and a special software keyboard with native support for special characters. If that isn’t enough, the company also plans to drop even more knowledge at the AppUp center later this year in the form of “course assistant apps” for such geeky subjects as astronomy, physics and chemistry. Still got queries about the desktop app? Then satiate that thirst for information by imbibing in the PR after the break.
Wolfram Alpha releases first desktop PC app for Windows 7, makes homework even easier originally appeared on Engadget on Fri, 27 Apr 2012 07:12:00 EDT. Please see our terms for use of feeds.
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In Case You Had Any Doubt About Where Apple Gets Its Money From (AAPL)
Source: http://www.businessinsider.com/how-apple-makes-money-2012-4
In case you had any doubt, Apple is an iPhone company now.
The iPhone accounted for 58% of Apple’s total revenue last quarter.
The iPhone didn’t exist five years ago. Today, the iPhone business alone is more profitable than Exxon.
Below, you can see how the iPhone has gone from zero to a hundred billion annually in the span of five years.
And if you think that’s mind blowing, then you need to check this out >
The Most Remarkable Instagram Chart You’ll See
Source: http://www.businessinsider.com/chart-of-the-day-increase-in-downloads-and-twitter-shares-2012-4
This chart plots both how many times Instagram has been downloaded, in gray, and how often it has been used to share photos over Twitter, in red.
Look at how, moving left to right, the red bars extend away from the gray bars.
Know what that means?
It means, in the words of the Distimo analyst who put together the chart, that “the average number of shares per users are increasing.”
That’s profound: The app isn’t just getting more popular, it is becoming a more important part of its users’ lives.
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UGG Boot Maker Deckers Falls Victim To Warm Weather, Shares Plummet (DECK)
Shares of Deckers – maker of the ubiquitous UGG boots – are plummeting after the company reported disappointing earnings.
EPS dived to $0.20 from $0.49 last year. Analysts were expecting $0.25.
“Our first quarter performance was mixed versus our expectations,” said CEO Angel Martinez. “Sales growth was driven by the addition of the Sanuk brand combined with increased demand for the UGG brand spring line, partially offset by softness in boots due to the unusually warm weather.”
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Quirky Dress Designer Betsey Johnson Has Filed For Bankruptcy
Source: http://www.businessinsider.com/betsey-johnson-files-for-chapter-11-bankruptcy-2012-4
Betsey Johnson LLC, retailer of quirky female fashions, filed Chapter 11 bankruptcy, Women’s Wear Daily reports.
Betsey Johnson currently has 63 stores around the country. Up to 350 staffers could lose their jobs as the company consolidates.
The company will now set its boutiques on the back burner and focus on its mid-priced attire which is sold at Macy’s.
The shift shows the label’s transition from high-end fashion to department store fare.
So far there’s no word from Betsey herself.
Here’s what the company’s CFO told Women’s Wear Daily:
Betsey Johnson LLC’s chief financial officer Jonathan Friedman said in a release, “The decision to seek protection under chapter 11 comes after months of rigorously pursuing alternative restructuring arrangements to address Betsey Johnson LLC’s cash flow problems. After exhausting our resources and possibilities, it became apparent that neither a restructuring arrangement with a new equity investor nor a sale of the business enterprise as a going concern outside of bankruptcy was to be forthcoming. Accordingly, our board made the determination that a Chapter 11 store closing process will likely be the best way to maximize the value of the company’s assets, for the benefit of its creditors.
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Saatchi Where’s The Creativity?
T-Mobile Royal Wedding, created by Saatchi & Saatchi
Launched April 15, 2011
JK Wedding Dance, Original
Posted July 19, 2009.
Two-thirds of Americans unwilling to spend over $50 a month on mobile data, says Parks Associates
Source: http://www.engadget.com/2012/04/26/parks-mobile-data-pricing-survey-2012/
In a recent report titled Mobile Data and Applications, research outfit Parks Associates found that a large chunk of Stateside consumers aren’t willing to pay more than $50 per month for a mobile data plan. What’s also interesting here — but not surprising — is the study shows nearly 50 percent of smartphone users are completely oblivious to the amount of data they’re consuming every month. Parks Associates says this highlights the “risk” networks like AT&T, Verizon and T-Mobile are taking by making the transition from all-you-can-have to those tiered data plans we’re so fond of. The firm’s Mobile Research Director, Harry Wang, sees this as a necessity for carriers, though, expressing that “moving mobile users to usage-based plans will be difficult and painful, but changes are necessary for operators to maintain revenues.” So, are you part of the two-thirds keeping bits under 50 bucks? Let your voice be heard in the comments below.
Two-thirds of Americans unwilling to spend over $50 a month on mobile data, says Parks A! ssociate s originally appeared on Engadget on Thu, 26 Apr 2012 00:24:00 EDT. Please see our terms for use of feeds.
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