A number of technology IPOs continue to flow to the market this year. Although Facebook’s IPO may be the most anticipated, another social media player, Yelp, tested markets this year. Through their offering last week, the company raised $107 million by selling their stock at $15 a share. Yet their monetization capabilities still raise concerns.
According to PhoCusWright’s Global Online Travel Overview report, second edition, online travel sales will account for a third of the world’s travel sales by the end of 2012. Online leisure, or the unmanaged business travel market, is projected to be worth more than $313 billion this year. The report also projects an increase in online
HP’s troubles just don’t seem to be ending. Although the company may have remained the market leader in global PC shipments last quarter by shipping more than 15 million units, sales for the quarter were 16% below the previous year’s sales. IDC and Gartner estimate that last quarter, overall PC shipments fell 0.1% over the
According to market reports, Google remains the leader in online videos with gross revenues of more than $1 billion. Analysts expect Google’s online video gross revenues to cross $2 billion by 2013. Analysts project the revenues from online video segment to be worth $8 billion worldwide by the year 2012. They also estimate that the
In their report Market Trends: Gaming Ecosystem, 2011, Gartner estimated that the video game industry will grow to $112 billion by 2015 from $67 billion in 2010 and an estimated $74 billion in 2011. But within the industry, mobile gaming will command the fastest growth by expanding its market share from 15% in 2010 to 20%
Intuit (Nasdaq:INTU) recently released market data on fiscal year 2012 consumer tax offerings. According to their reports, as of February 18, the company reported 10% growth in total TurboTax federal unit sales. Intuit continues to dominate the online market and saw sales of TurboTax Online units grow 19% over the year. Recently, Intuit also reported
According to researcher IDC, the enterprise flash market will grow to $4.5 billion by the year 2015 from an estimated $1.5 billion in 2011. But IDC’s estimates are among the more conservative. In a survey of CIOs conducted by Morgan Stanley, the financial services firm found that the enterprise flash market will triple in 2012
The PC industry is facing difficult times. After the floods in Thailand last year, which hurt production of major manufacturers, the market is now faced with increasing costs because of wage hikes in China’s manufacturing sector. According to recent reports, Chinese manufacturer Foxconn Technology Group increased employee wages by 16%-25%. Foxconn is a supplier to Apple,