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February 12, 2013

Comcast buys the other half of NBC Universal, meaning your cable provider owns 30 Rock

  • $16.7B the amount Comcast will pay General Electric for the 49 percent stake in NBC Universal it doesn’t currently own. The sale includes the sale of NBC’s iconic 30 Rockefeller Center building in NYC. General Electric, until now, had been in the entertainment industry for roughly 90 years. Let’s hope a small fraction of this dollar amount goes to bringing EveryBlock back online. source
19:07 // 1 year ago
December 30, 2011

Amazon sold a bunch of Kindles, but don’t expect a specific count

  • 4 million Kindles sold in December … well, at least we think so source

» It’s an estimate based off of Amazon’s evasiveness. They said that customers “purchased well over 1 million Kindle devices per week” in the month of December. Sales of Kindle e-books were up 175% from last year’s period between Black Friday and Christmas; so while Amazon may not give us clear numbers, the company seems to be doing well in the fields it created.

11:48 // 2 years ago
June 1, 2011

U.S. auto companies beat foreign competitors in May, with a caveat

  • USA! USA! May was the first month in five years that Detroit’s Big Three automakers beat their foreign competition in total sales, likely welcome news to those who rely on the domestic auto market to make their livings.
  • easy there The Big Three’s big win came on the backs of a terrible month for foreign competition — Toyota was down 33%, and Honda 23%. This allowed U.S. auto companies to take the lead, despite actually seeing a drop in sales. source
17:55 // 3 years ago
January 21, 2011
Warner Music Group looking for buyer; do you guys take $50s? : The Warners, which are actually doing rather well compared to their music-industry competitors, saw their stock rise in the wake of the news. Hope we can stil afford it. source Follow ShortFormBlog

Warner Music Group looking for buyer; do you guys take $50s? : The Warners, which are actually doing rather well compared to their music-industry competitors, saw their stock rise in the wake of the news. Hope we can stil afford it. source

Follow ShortFormBlog

14:59 // 3 years ago
December 31, 2010

Give it time: Electric cars not really flying off the shelves yet

  • >350 the reported sales of the hopemobile, the Chevy Volt, in December … but it’s kind of a novelty right now
  • >10 the reported sales of the Nissan Leaf in the last two weeks; the odds that Ed Begley Jr. owns one? Even source

» It’s not really a demand problem: The issue here is more supply. The cars simply haven’t hit most parts of the country yet, and there are waiting lists 50,000 people long for the electric cars, which are slowly ramping up production and should go nationwide by 2012.

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11:45 // 3 years ago
November 27, 2010

Black Friday final tally: More hype, more people, slightly more sales

  • 2.2% the increase in Black Friday foot traffic
  • $10.7B the total sales tallied on Black Friday
  • 0.3% the increase in sales from last year source

» How it compares: It’s roughly the same increase in sales as last year, but then again, retail stores have been offering sales for weeks before Black Friday, which may have cannibalized the overall effect of the day. On the plus side, at least that collapsed Salvation Army building in Colorado didn’t fall on anyone.

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23:28 // 3 years ago
October 18, 2010

Apple’s 3Q earnings report overloaded with (mostly) good news

  • 91% increase in iPhone sales from a year ago (wow)
  • $20 
    billion
    Apple’s quarterly revenues, which happens to be a new record for them, by the way
  • $4
    billion
    Apple’s quarterly profits, which is also a record for them – and up 70 percent (!); freaking show-offs
  • +28% increase in Mac sales year-over-year; not bad considering their light recent publicity
  • +28% increase in iPad sales from last quarter; pretty good but not particularly spectacular
  • -11% decline in year-over-year iPod sales, which admittedly was kind of expected source

» Investors somehow not impressed: Wait, what? Well, here’s why: They expected the increase in Apple’s iPad sales to be much higher, so as a result, Apple’s stock went down five percent in after-hours trading. You bastards can’t ever be impressed, can you?

20:05 // 3 years ago