electronics
Vizio Widens Lead in U.S. LCD Television Sales
Vizio widened its lead in the U.S. liquid-crystal-display television market in the fourth quarter, according to a new report from research firm iSuppli. Samsung and Sony lost market share from a year ago, although Sony gained ground from the third quarter.
Sony Earnings Fall 8.6% on Strong Yen and Declining TV Prices
Sony's quarterly profit dropped 8.6% as a strong yen and falling TV prices erased the boost the Japanese electronics and entertainment company got from its hit movie "The Social Network."
Electronic Arts Posts 3Q Loss, But Adjusted Earnings Solid
Electronic Arts says its fiscal third-quarter net loss widened as revenue fell, but adjusted results surpassed Wall Street's expectations -- and an optimistic outlook and stock buyback plan helped push its shares higher.
Tech Sector Job Cuts Fell to Lowest Level Since 2000
Tech layoffs came to just under 47,000 last year, according to employment-services firm Challenger, Gray & Christmas. Better still, during the next 10 years, the sector is forecast to have one of the fastest paces of job creation of any industry.
Holiday Consumer-Electronics Sales Fell 5%
U.S. consumers spent 5% less on consumer electronics during the last holiday season compared to a year earlier, according to a new report from NPD Group. Even at discounted prices, Americans bought fewer flat-screen televisions and desktop computers, as well as lower-end digital cameras and MP3 players, according to the report.
December Sales Will Warm Merchants' Hearts
Shoppers didn't disappoint, buying presents at both low- and high-end prices, from jewelry to shoes. Most analysts predict sales will show year-over-year increases of 3% to 4% on Thursday, when major chains post December figures and holiday totals.
Best Buy Settles Overcharging Charges
Electronics retailer Best Buy has agreed to pay $399,000 to settle allegations that it advertised lower prices on its website, then charged customers higher prices at some of its stores.
Best Buy Earnings Disappoint Ahead of Holiday Season, Lowers Guidance
Best Buy shares are plunging in pre-market trading after the giant retailer reported lower-than-expected earnings and slashed its guidance for the full year.
Holiday Shopping Forecast: Apple to Dominate Electronics Sales
As the holiday shopping season kicks off, a report this month from ChangeWave forecasts that Apple will lead sales of consumer electronics, outpacing other sellers of computers, tablets and home electronics in buyers' shopping plans.
Amazon Earnings Rise 16% on Electronics Sales
Amazon's third-quarter profits rose 16% thanks to surge in sales of electronic products such as its Kindle e-reader, the world's largest online retailer reported after the bell Thursday.