Many analysts were skeptical about the hiring of Marissa Mayer as Yahoo CEO, wondering if she had what was needed to let Yahoo shine again. For now, Mayer seems to be focused on turning around Yahoo and if recent results are an indicator, she seems to have found some success.
Apple may be gearing up for a big holiday sales quarter, but in the recent quarter, performance has been short of market projections. Apple is also losing ground, albeit slowly, to some of its competitors. In a recent report by researcher Strategy Analytics, Android tablets now account for 41% of the tablet market worldwide. Although
According to a recently released report on Global Online Retail, excluding travel, the global online retail sector reported saw revenues grow at an annual rate of 15.4% to $530.2 billion from 2007 through 2011. Growth in retail sales were driven by sales of electronics, which grew to $119.2 billion and amounted to 23% of the
According to the IHS Screen Digest, during the current year, the number of movies and TV shows streamed and downloaded legally in the U.S. will exceed the number of DVDs and Blu-Ray disc sold this year. Digital streaming will account for 3.4 billion transactions in 2012, reporting a growth of 135% over the year. Analyst
Analysts believe that mobile commerce will report rapid growth in the coming years and will account for 24% of the total e-commerce market by 2017. Although mobile commerce is dominated by travel, retail is also picking up. According to a Forrester Research, mobile retail will account for more than $25 billion in spending by 2017. Online retailers
Facebook may have recorded the largest Internet player IPO ever. But since going public, the company’s market value has slipped considerably. Facebook has lost more than $40 billion in market value since the IPO as analysts have been worried about its ability to keep up monetization, especially on the mobile front. But the recent quarterly
Analysts estimate that the Internet giant Google (NASDAQ:GOOG), accounts for more than 66% of the search engine market share. But the growing importance of mobile devices is hurting Google’s search revenues. Not only do mobiles offer a smaller screen for displaying ads, but the click-through rate on mobile devices is also less. Ads generated on smartphones
According to research by IHS, PC sales will fall 1.2% to 348.7 million units this year. This is first time since 2001 that PC sales are projected to decline over the year. This decline attributed to poor economic conditions and the increased adoption of mobile devices like the iPad.