A recent report estimates that previous quarter’s global ad spend fell 9.9% over the year. By region, North American spend fell 13% over the year, compared with a drop of 21% in Central and Eastern Europe; 11% in Africa, the Middle East and Western Europe; and 3% in Asia-Pacific. Only Latin American spend grew, at a
The Travel Industry Association estimates that total travel spending in the United States has fallen to $712 billion in 2009 from $772 billion a year ago. Recovery is expected in 2010, with travel spending expected to grow 5% to $745.2 billion driven by improvement in leisure travel sales. By 2012, total travel spending is expected
There has been a buzz of activity in the wireless market with several Android phones being launched, including the Droid by Motorola on Verizon. Since the launch of the iPhone, AT&T has been increasing its subscriber base and Verizon has managed to keep up with the competition. However, Sprint and T-Mobile are finding it hard
Ever since I first covered Polycom (NASDAQ:PLCM) two years ago, I have speculated about consolidation in the sector. Videoconferencing has gained importance due to globalization, offshoring, the financial crisis and the attendant recession, and the need to save more in travel dollars. Now there is a flurry of acquisition activity and consolidation in video conferencing which
There were several options for HP to combat Cisco in the networking arena, including Brocade and Polycom. It looks as though they have chosen to go after Cisco front and center by acquiring 3Com. The latter has done a marvelous turnaround in the past three years. The stock has moved steadily up, and now HP
The two leading chipmakers, Broadcom (NASDAQ:BRCM) and Qualcomm (NASDAQ:QCOM) have recently reported their results. While Qualcomm is enjoying a more stable legal environment after ending its disputes with Nokia and Broadcom and extending its patent deal with Samsung, Broadcom is getting involved in a legal tug-of-war with Emulex. Let’s take a closer look.
The National Retail Federation recently announced its projections for the coming holiday season and predicted that overall holiday sales will fall by 1% over the year. In another report, Forrester Research estimated 8% growth in online holiday sales to $44.7 billion; growth will likely come at the expense of business at traditional brick-and-mortar stores. International pick-up
Yesterday, Cisco announced a strong quarter, and rival Juniper also reported a strong quarter recently, signaling early stages of recovery in the industry. While last month Cisco announced plans to acquire four companies, including Tandberg and Starent, Juniper says that it will focus on organic growth. Let’s take a closer look.