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Bluesound: Talkin’ ‘Bout Our Generation

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New Brand Hits Key Milestone – Launches ‘Generation 2’ Products

Bluesound logoThis week in New York City, executives from Lenbrook America and Bluesound conducted a media presentation informing them of a major update to the Bluesound brand, which is distributed in the U.S. by Lenbrook America along with NAD and PSB.  It is the first major line update since the brand was first launched in 2013. With this update, called “Generation 2,” the Bluesound brand appears to have gained solid momentum – or at least enough traction for the company to justify a significant investment in further product development.

See more of what we learned, including both product and business updates… [Read more…] about Bluesound: Talkin’ ‘Bout Our Generation

A Bad Day at the Office for Apple: Stock Goes Cold, Investigation Gets Hot

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Photo of Tim Cook at product launch.Apple, Inc. released the financial results of their fiscal third quarter Tuesday and by most measures, it was good news. Revenues hit $49.6 billion with net profits coming in at a robust $10.7 billion. These results were well over the $37.4 billion and $7.7 billion respectively booked in the same quarter last year. Unit sales of iPhones grew a remarkable 35%, with iPhone revenues increasing 59% to a new quarterly record; sales in China more than doubled; service revenues hit a new record; and cash reserves are at an astounding $203 billion.

How did Wall Street react to all of this “good” news? The stock tanked. At one point Apple’s market value collapsed $60 billion as the stock dropped 7% in just a matter of minutes after the announcement. Yesterday, the stock closed down 5.2%.

See why this is happening…and why government investigators are in high gear… [Read more…] about A Bad Day at the Office for Apple: Stock Goes Cold, Investigation Gets Hot

After 1-Year Delay, Artison Ships Pint-Sized Powerhouse

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Artison logoArtison announced last week the availability of a new freestanding subwoofer called the RCC Nano 1. This seemingly mighty miniature looked appealing on several fronts and we were curious to learn more. We read the release with interest…something about the Nano looked and sounded familiar to us. Then we remembered…we’ve seen it before!

See where we – and our loyal readers – saw the remarkable Artison Nano before… [Read more…] about After 1-Year Delay, Artison Ships Pint-Sized Powerhouse

Hi-Res Audio: On the Fast-Track or Stuck in the Mud?

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CE Week logoAs we mentioned in our CE Week overview, the Digital Entertainment Group (DEG) held a panel discussion on the current status of the high-resolution audio market (Hi-Res Audio) much like they did last year. It was conducted in much the same way, with essentially the same panel (minus any supporting hardware manufacturers) and, with a couple of exceptions, covered pretty much the same ground.

So where is Hi-Res Audio at? Read on… [Read more…] about Hi-Res Audio: On the Fast-Track or Stuck in the Mud?

Origin Acoustics, Facing Its 1st Birthday, is Big For Its Age

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Photo of a man on a childs bike“It’s been tremendous,” declared Origin CEO Jeremy Burkhardt with his typical over-the-top enthusiasm, when asked how his nearly one-year old company is doing since its launch at the 2014 CEDIA Expo. “I’ve been on the road for 3-weeks a month for the last 12-months.” And apparently, from what Burkhardt tells us, loving every single minute of it.

See more on Origin on the eve of its first birthday… [Read more…] about Origin Acoustics, Facing Its 1st Birthday, is Big For Its Age

Instead of a Wave, Tidal Turns into a Tempest in a Teapot; Another CEO Exits

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Tidal logoTidal Music Service has, for the second time in only a matter of months, dismissed its CEO. According to a report in the Wall Street Journal, Tidal has dismissed interim chief executive Peter Tonstad who held the position for only about three months. In a statement, they thanked Tonstad for his service.

But Tonstad had a different take on his exit…read on… [Read more…] about Instead of a Wave, Tidal Turns into a Tempest in a Teapot; Another CEO Exits

On Controls Names Director of Control

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On Controls logoOn Controls, the cloud-based home automation solutions for integrators, announced today that it has named Jeffrey Skalny to Director of Control. In this role, Skalny will report to the company’s CEO directly and will be based out of On Controls Detroit, MI headquarters location.

Who is Skalny and what exactly will he be doing for On Controls? Read on… [Read more…] about On Controls Names Director of Control

Apple Faces the Music – Multiple Investigations Launched

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Apple Music logoJust days after Apple, Inc. announced its plans to attempt to reassert its leading role in the music distribution and streaming businesses, we learn from the New York Times that two powerful state attorneys general in New York and Connecticut have launched an investigation into Apple’s music licensing practices. The purpose of the investigation is to determine if Apple has broken any antitrust laws in cutting deals that allegedly restrict music industry providers from offering their content on a free basis with other services.

See why there is suspicion of anti-competitive practices by Apple… [Read more…] about Apple Faces the Music – Multiple Investigations Launched

Proxy Adviser Tells Japanese Investors to Vote Out CEOs at Sony & Sharp

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Exterior of the Tokyo Stock Exchange
Tokyo Stock Exchange

We live in interesting times! In a news report out of Japan that is, shall we say, unusual – proxy investment advisory firm ISS is recommending that Japanese shareholders vote against the reelection of the top executives at both Sony Corp. and Sharp Corp. at upcoming annual shareholders meeting for the firms. Coming from the land of consensus and support for local brands, this news is quite surprising.

See more on ISS’s recommendation & the reason they suggest these execs must go… [Read more…] about Proxy Adviser Tells Japanese Investors to Vote Out CEOs at Sony & Sharp

Backing Beats – Apple Launches Retaliatory Attack on Monster

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BREAKING NEWS

Monster’s Noel Lee Talks to Us About Latest Lawsuit Developments

Monster logoAs many regular readers know, Strata-gee has been closely following the litigation between Monster, LLC and Beats Electronics, LLC. Although the matter is really just getting started, it appears to be getting really ugly, really quickly. Now we have learned that Apple, Inc. has taken several actions that, according to Monster CEO Noel Lee (who is known as the Head Monster), are pure retaliation over this lawsuit – even though Monster did not sue Apple.

See more on Apple’s actions against Monster that it says are retaliatory… [Read more…] about Backing Beats – Apple Launches Retaliatory Attack on Monster