It’s Official – Philips Is Out of the TV Business…Globally

LCD TV PHILIPS<February 22, 2012> The final step in a move that has been expected by some for a long time has been completed as China’s TPV Technology Ltd. shareholders approved the acquisition of the money-losing TV division from Philips Electronics. While Philips exited the TV business here in the United States several years ago, the company enjoyed greater sales success – if not profitably – elsewhere in the world. In fact, at one time, Philips was one of the biggest television brands in the world – but no longer. Continue reading

S&P Cuts Panasonic’s Long-Term Debt Rating…Again

Panasonic Logo<February 22, 2012> Standard & Poors, the credit rating agency, today cut Panasonic Corp.’s long-term debt rating for the second time in only four months suggesting it continues to expect a rough road ahead for some of Japan’s most prestigious brands, according to a report in the Nikkei. Continue reading

Home Building Pro’s Reveal Changing Design Trends, With Disturbing Tech News

<February 15, 2012> CBS MarketWatch reported today on the changing trends in home design based on


research by the National Association of Home Builders (NAHB). Based on a survey of industry professionals, the NAHB shared with CBS how the taste and desire of the typical home buyer has changed radically over the last few years…including, and perhaps especially, relative to the inclusion of technologies in the home.

NPD Says Consumer Electronics Sales in 2011 at $144 Billion Are Down

npd_corporate_72dpi_rgb<February 15, 2012> The NPD Group, a Port Washington, New York-based market research company said on Monday that total consumer electronics sales including both hardware and consumables, fell .5% to come in at a total of almost $144 billion. NPD’s data represents retail sales that the organization collects from retailers and totals. Continue reading

TV War Won, Samsung Considers Spinning Off its Money-Losing LCD TV Business

An electronics shop salesperson sells flat screen TVs of Samsung Electronics displayed at a shop in Seoul<February 15, 2012> Samsung Electronics Co. surprised many in the industry today when it revealed that it is considering spinning-off its LCD flat-panel television business which is losing money amid a worldwide slowdown in consumer demand according to a report by Reuters. The company says letting the LCD business go will allow it to focus on what it believes will be the next wave in television technology – OLED which it hopes will stimulate consumer demand …and company profits. Continue reading

The Apple Report – Ripe or Rotten?

apple-logo<February 15, 2012> While Wall Street has been oooing and aaahhhhhing over Apple, Inc.’s stock breaching a significant price of $500 per share earlier this week…only to drop below it again in trading today (closing at $497.67)…there has been a slew of significant Apple-related stories in today’s news on several major fronts. We offer below a summary of these significant stories from today’s press: Continue reading

New Wave of Apple iTV Rumors Circulate as Industry Remains on Edge Waiting for Launch

apple itv<February 8, 2012> Several reports of new iTV “sightings” have emerged around the Internet with many coming out of Canada as Apple is said to have submitted samples of its latest innovation – a revolutionary new television design – to various testing agencies for approval. Continue reading

Samsung & LG Outline Aggressive TV Biz Growth Plans

<February 8, 2012> Samsung Electronics Co. and LG Electronics, Inc. plan to launch aggressive expansion of their flat panel television divisions in 2012, according to a new report in the Nikkei. And these aggressive plans contrast sharply with those of Japanese television manufacturers, who are looking for ways to cut their overhead in a search for profitability. Continue reading

S&P Cuts Sony’s Credit Rating to Just Above Junk, Issues Negative Outlook

SonyAtCES2-8-12<February 8, 2012> Credit rating agency Standard & Poor’s today cut the long-term debt rating on Sony Corporation to BBB+, just two notches above “junk” status, and further issued a negative outlook which suggests a potential further drop in the future. In a statement, S&P said that “the likelihood of a strong recovery in Sony’s earnings is low.” Continue reading

Super Bowl Ads – Most Were Not So Super

SuperBowlLogo<February 8, 2012> The Super Bowl for us this year was a doubly exciting event. Why? Well first, the New York Football Giants, our favorite NFL team, was one of the participants. And if you didn’t hear – the Giants WON!!! Secondly, as marketers, we look forward to the advertisements, as this event has come to have “super” meaning to the advertising industry as well. Continue reading