As laptop sales weaken and rival tablets fail, Apple's iPad could see 22 million in unit sales during the fourth quarter, predicts financial analyst Jason Schwarz.
Listed for $300,000 at FAO Schwarz
Restructuring charges and other expenses drag Sun Microsystems into the red, but revenue beats estimates. Schwarz weighs in during Sun's earnings call
An online T-shirt company has filed a trademark infringement lawsuit against Ozzy Osbourne, alleging the heavy metal rock star swiped a T-shirt slogan promoting his hit MTV show, "The Osbournes." Tshirthell.com filed a $15 million lawsuit against Ozzy, his wife Sharon, Sony Music and Epic Records last week in a U.S. district court in New York. The suit alleges that they snatched the phrase "F*** My Family, I'm Moving in with the Osbournes!" from the New York-based company and produced T-shirts carrying a similar slogan. Aaron Landau Schwarz, president of the 8-month-old company, said he began selling his "Osbournes" wear online in March, including $500 worth of the shirts to Epic for promotional purposes. The suit claims that about two months after that sale, the Osbournes began selling clothes bearing similar slogans without Schwartz's authorization. "What I hope to accomplish is whatever is fair," Schwarz said. "I should be fairly compensated for the shirts that have been sold and (awarded) damages on top of the sales that I have lost from it." The Osbournes' publicist could not be immediately reached for comment.
FAO Schwarz is celebrating plans for a more customer-friendly Web site this holiday season, but industry observers say the toy retailer will still have a difficult time competing with online rivals.