Posts filed under “Technology”
I find this data point from the BLS rather intriguing:
In 2001, the ratio of spending on residential phone services to spending on cellular phone services was greater than 3 to 1. In 2007, cellular phone expenditures accounted for 55 percent of total telephone expenditures compared to 43 percent for residential phone expenditures.
Data from the Bureau of Labor Statistics’ Consumer Expenditure Survey (CE) show that cellular phone expenditures increased rapidly from 2001 through 2007. Cellular phone expenditures surpassed spending on residential landline phone services beginning in 2007. Chart 1 shows that annual expenditures for cellular phone services per consumer unit increased from $210 in 2001 to $608 in 2007, an increase of 190 percent. Expenditures for residential phone services per consumer unit decreased from $686 to $482 over that period, a decrease of 30 percent.
Eric Savitz of Barron’s notes that “earnings season is off to a miserable start” as far as Tech is concerned. He gives 5 key reasons: 1. PC DEMAND IS SUFFERING big time. Microsoft and Intel are both cutting jobs; Advanced Micro Devices (AMD) posted a 33% drop in profits; Disk-drive maker Seagate ‘s (STX) revenues…Read More
My pal JP notes that the iPod wannabe had an utterly disasterous quarter: Overlooked in the carnage of Microsoft’s second quarter was the performance of the company’s Zune platform. Which was, quite simply, atrocious. Seems that $10 to $20 holiday discount didn’t do much good at all. According to Microsoft’s latest 10-Q, “Zune platform revenue…Read More
In search of big ideas in the Valley
click for (pop up) video: Is Silicon Valley Losing Its Magic?
BusinessWeek’s John A. Byrne and Steve Hamm discuss whether Silicon Valley still has its mojo, or will risk aversion and myopia kill the golden goose?