Not a lot is going Netflix’s way at the moment. Despite meeting analyst expectations last quarter, the company’s disappointing subscriber growth and continued losses projected for the current quarter sent the stock tumbling.
There is little question that Amazon has redefined the e-tail industry. According to a recent study by Forrester, Why Amazon Matters Now More Than Ever, Amazon is a leading source of research for online buyers. The report claims that 30% of online buyers use Amazon to research products first, compared with 13% of buyers who
In a rare event, Apple’s recently announced quarterly results fell short of market expectations. After its meteoric rise, the stock also turned bearish. But given Apple’s strength, this should be just a minor bump in the road.
In the recent spurt of IPOs, where social media and consumer-focused Internet stocks have generally not fared very well, analysts believe that enterprise technology providers have a better chance, especially those operating in the SaaS model. Recently listed Proofpoint, Infoblox, and Splunk are cases in point. Another enterprise services provider, Atlassian, is expected to hit
A Gartner report released earlier this month indicated that worldwide PC shipments fell 0.1% over the year to 87.5 million units in the second quarter of this year. This was the seventh consecutive quarter of flat to single-digit growth. Gartner believes that growing consumer interest in smartphones and media tablets is responsible for the declining
According to Gartner’s recent report, worldwide IT spending is projected to grow 3% over the year to $3.6 trillion this year. The estimates are higher than expected growth rate of 2.5% over the year published earlier. By segment, computing hardware market is projected to grow 3.4% over the year to $420 billion. Enterprise software will see
According to recently released report by the Interactive Advertising Bureau (IAB) and PwC, online advertising spending grew 22% over the year to $30 billion in 2011. The last quarter of 2011 was the best ever quarter, with online advertising spending of $9 billion. For the first time last year, Internet advertising spending surpassed spending on
Yahoo has of course been in the news lately because of its management changes. Last quarter, the company saw Scott Thompson leave the position due to misleading statements on his CV. His place was filled temporarily by Ross Levinsohn. Earlier this week, Marissa Mayer, former head of Google search, was hired as the company’s new