While Apple had a great quarter, Nokia lost market share and reported a disappointing quarter last week. The loss in market share follows its decision not to match aggressive pricing from its competitors at the cost of profitability. While market share slid to 38% from 40% last quarter and 39% last year, gross margin was [...]
As startups invent new business models to monetize their offerings, one that has become popular is the Cost Per Action (CPA) model. Here’s a company that is trying CPA in the local advertising market.
SM: How did you finally gain that confidence you were talking about to launch your startup? AA: It is completely fortuitous how I finally got off the ground. One of my VPs at Sun became a venture capitalist.
Apple, which recently topped my list of Top 5 Handset Stocks, reported fourth quarter results yesterday that beat profit estimates but missed revenue estimates. Despite the tough market, Apple sold 6.9 million iPhones in the quarter and beat its sales target of 10 million iPhones in calendar year 2008.
Ashar Aziz is the CEO of FireEye and a highly technical engineer with extensive knowledge of networking, network security, and datacenter virtualization. Prior to FireEye, Ashar founded Terraspring, a company focused on datacenter automation and virtualization that was acquired by Sun Microsystems in 2002. Ashar spent twelve years at Sun as a distinguished engineer. He [...]
Reminder! At 11 AM PT today, Sramana Mitra partners with ReadWriteWeb to bring you a Web 3.0 product strategy roundtable online, using Dimdim’s open source web conferencing platform. To attend, simply click the link below at 11 AM or dial-in to hear Sramana give live feedback to 8 entrepreneurs. If there is time, she will [...]
More good news. SunPower (SPWR) announced impressive Q3 earnings last week. With revenues of $377.5 million, they exceeded the market’s expectations of $350 million, and reported annual growth of 61%. Their EPS grew 82% to $0.60 and beat the Street’s view of $0.56.
Digital entertainment network Mevio bills itself as users’ personal Internet TV, music and radio network. Originally known as PodShow, the company was founded in 2004 by former MTV VJ Adam Curry and technology and media executive and former songwriter/producer Ron Bloom, to help people download and publish podcasts. In a bid to re-brand itself, the [...]
