The beleaguered CEO of the struggling Internet pioneer delivers a "bold" strategic plan. She is cutting jobs, selling patents and real estate, and inviting would-be acquirers to speak up.
While overall digital home entertainment spending remains fairly steady at $18.2 billion, digital movies sales shoot through the roof raking in $1.19 billion.
The social network is in experimentation mode as it tries to figure out the best way to alert its 1.19 billion members to what's trending now.
Mobile game developer Gameloft has dropped its prices just in time for Christmas, making seven of its iPhone titles AU$1.19 for seven days.
Odds & Ends: TechTool 1.19 coming; Mac OS 9 starting to ship with new Macs; 2/29 in 2000
The chip giant smashes analysts' estimates today by reporting $1.19 in earnings per share for the fourth quarter.
Computer retailer CompUSA announced that net sales increased while same-store sales fell 1.7 percent during the first quarter of fiscal 1999. The company blamed the decline on lower prices, cutbacks in corporate spending, and the impact of previously announced store closures. Net sales increased by 18 percent to $1.4 billion from a year-ago quarter sales of $1.19 billion. CompUSA added they were pleased with sales of Apple Computer's iMacs.
Computer retailer CompUSA posted a fourth-quarter net loss of $51.4 million, or 57 cents a share, compared with profits of $22.9 million, or 24 cents a share, reported for the like quarter a year ago. Quarterly revenue rose to $1.19 billion from $1.15 billion last year. Excluding a one-time charge, the company reported a loss of 19 cents a share. Wall Street had expected a loss of 18 cents a share, according to First Call.