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According to news sources, Apple Inc. (AAPL) sold over 300,000 iPads during it’s debut on Friday. This number includes the people who pre-ordered their device online, shipments to stores like Best Buy, and retail sales from Apple. Regardless of how this number is calculated, we’ll be able to tell how much consumers really want this product by the end of the week. (more…)
Shares of Palm Inc. (PALM) fell sharply today when it revealed it was struggling in the smartphone market. Sharp increases in competition from Blackberry and iPhone sales have slowed the launch of their latest models. Because the Pre and Pixi failed to live up to expectations, Palm was forced to update their revenue forecasts. (more…)
Imagine taking a road trip with your friends and someone asks the name of the bar where you had your 21st birthday at. No one remembers the name, but they know the cross streets, so what do we do? We grab the closest smartphone and Google it, but we get either no service or extremely slow service. These bandwidth problems on smartphones, is the issue Mike Lazaridis talks about in his interview with Reuters. (more…)
According to an article at AppleInsider, Apple and Microsoft are being sued by an Israeli tech company. This lawsuit claims that both Microsoft and Apple infringed on patented technology regarding streaming media. The Israeli company, Emblaze, first introduced their technology in 1998 and granted a related patent on October 6th, 2009. (more…)
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