Strata-gee.com

Strategy in TECH...

You are here: Home / Archives for Ted

Ted

Sony Forecasts a Record Profit; Says NOT Entering the Car Building Biz

by Leave a Comment

New Financial Info Shows Sony Continues to Transform Biz

On the eve of closing out their current fiscal year (fiscal 2021) on March 30, 2022, Sony Group announced their latest financial results for the first nine months of the fiscal year…and included a surprising new upgrade of their forecast, now saying they’ll have a record operating profit for the year. This was a high note for the company, a company that has benefitted from consumers spending more time at home playing video games on their PlayStation, thanks to the COVID-19 pandemic.

But the company also answered the question that many – including me – had about Sony entering the automobile business via their new Sony Mobile division – and in so doing, reiterated their plan to move away from a hardware-centric business.

See more on where tech leader Sony is headed

[Read more…] about Sony Forecasts a Record Profit; Says NOT Entering the Car Building Biz

U.S. Economy Grew at Record Pace in 2021

by Leave a Comment

The U.S. economy showed great positive momentum in 2021 with the gross domestic product (GDP) growing at a record pace, recouping much of the drop in GDP in 2020. In fact, a new report from Axios shows that the current GDP growth trend is now within just 1% of the pre-pandemic trend.

See more on the economic rebound

[Read more…] about U.S. Economy Grew at Record Pace in 2021

Joe Whitaker Leaves His Integration Company to Take a Position at Origin Acoustics

by Leave a Comment

Origin Acoustics logo

Joe Whitaker, a former partner in Thoughtful Integrations out of St. Louis, MO/Dallas, TX, is leaving his integration life behind to join Origin Acoustics as its Vice President of Business Development. Whitaker has been an active promoter of Origin products in his former life as an integrator and has already been consulting with the company on products for years.

See more on Whitaker at Origin Acoustics

[Read more…] about Joe Whitaker Leaves His Integration Company to Take a Position at Origin Acoustics

Dave Nauber, Head of Classé for Nearly 20-Yrs, Leaves Company at End of March

by 6 Comments

Dave Nauber - Sound United Director of Brand for Classe

BREAKING NEWS

In an internal email circulated to company employees on Monday, Joel Sietsema, Sound United’s Brand President of Marantz and Classé, announced a “change to the leadership structure of the Marantz and Classé organization.” That change is a big one – Dave Nauber, leader of the Classé brand for nearly 20-years, will be leaving the company at the end of March, “to pursue new opportunities.”

Read more about this change at the top of Classé

[Read more…] about Dave Nauber, Head of Classé for Nearly 20-Yrs, Leaves Company at End of March

Leaked Internal Amazon Docs Show Users Quickly Tire of Smart Speakers

by 3 Comments

Amazon products

End of the Smart Speaker Era?

Amazon is widely credited with having created the entire smart speaker category with their Alexa voice-controlled Echo smart speaker and other products. The company has sold millions of them since their introduction in 2015, especially at often insane sale prices during the holiday selling season. But Bloomberg Businessweek has come into possession of leaked internal Amazon documents that paint a portrait of a category that appears to be in serious trouble, principally because it fails – often miserably – to retain consumer interest.

And, the documents show, not only do consumers lose their interest…they lose it quickly.

See more on smart speaker problems identified in Amazon internal docs

[Read more…] about Leaked Internal Amazon Docs Show Users Quickly Tire of Smart Speakers

New Residential Sales Jump to 9-Month High

by 2 Comments

New residential sales data from the U.S. Census Bureau and the Department of Housing and Urban Development show a sharp rise in the sale of newly constructed homes for the month of December. This is the second month in a row when sales of new homes rose as compared to the sales the previous month and are at the highest rate of sales since March – a nine-month high.

See more on new residential sales

[Read more…] about New Residential Sales Jump to 9-Month High

Let’s Get Physical! Vinyl Sales Up >51%, CD Sales Up for First Time in 17-yrs

by Leave a Comment

Musicians Counterattack, Gain Against the Geeks

In the latest report from the music world, we learned two surprising facts: First, for the first time in 17-years, retail sales of physical compact discs actually increased. And second, for the first time since 1991, vinyl records are the most popular physical media format. It’s big news and much of the media – even mainstream news outlets like CNN – reported on this development. It appears to be part of a surprising swing by consumers back to physical media, as sales of vinyl records in 2021 saw a stunning year-over-year increase of 51.4% – the biggest increase of ANY format, physical or streaming.

What the heck is going on here?

See more on physical media clawing its way back into the hearts of consumers

[Read more…] about Let’s Get Physical! Vinyl Sales Up >51%, CD Sales Up for First Time in 17-yrs

Snap One Acquires Canadian Distributor Staub Electronics

by Leave a Comment

Snap One acquires Staub Electronics

Snap One announced on Thursday that it has acquired Staub Electronics, a distributor based in Canada who has been the Snap One distributor there for ten years as an independent entity. Snap One says this “strategic move” will “elevate [the] partner experience in Canada.”

See more on Snap One’s acquisition of Staub Electronics

[Read more…] about Snap One Acquires Canadian Distributor Staub Electronics

Kaleidescape Appoints Craig Sholder as Chief Revenue Officer

by Leave a Comment

Kaleidescape CRO Craig Sholder

Kaleidescape announced on Wednesday that they have appointed Craig Sholder as chief revenue officer (CRO). The appointment is effective immediately.

See more on Kaleidescape’s new CRO

[Read more…] about Kaleidescape Appoints Craig Sholder as Chief Revenue Officer

Cineluxe: All You Need to Know About Luxury Home Entertainment

by Leave a Comment

Cineluxe - from their home page

A little more than ten miles south of Myrtle Beach in South Carolina, you come to a tiny, unincorporated area known as Murrells Inlet. Known as the Seafood Capital of South Carolina (or at least that is what they say), like many seashore areas, Murrells Inlet is a true lifestyle community where residents and visitors enjoy outdoor living, great seafood restaurants, gorgeous beaches, lots of wildlife in the natural marshlands, and more. It is also where you’ll find Custom Theater & Audio, a custom integration business co-owned and managed by John Sciacca – and just one of the many hats he wears.

Now, adding yet another hat, he is also the new owner of Cineluxe, an online media site seeking to provide lots of informative and interesting content – as well as added support – for the luxury home entertainment consumer.

Learn more about John Sciacca and Cineluxe

[Read more…] about Cineluxe: All You Need to Know About Luxury Home Entertainment