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StatCounter: Bing Boosts Microsoft Search Share One Percent

StatCounter: Bing Boosts Microsoft Search Share One Percent

Redmond software giant Microsoft may just be getting started with spending up to $100 million promoting its new Bing search engine, but if the first month of operation is anything to go by, Microsoft may eventually be able to whittle away from of Google’s enormous market share advantage in Internet search. According to media analysis firm StatCounter, Bing has managed to elevate Microsoft’s share of the U.S. Internet search market one point, from 7.21 percent in April to 8.23 percent in June. Much of the gain appears to have come at Google’s expense; according to StatCounter, Google’s share dropped from 79.07 percent in April to 78.48 percent in June.

HP profit drops 17 pct; PC, ink sales stumble

HP profit drops 17 pct; PC, ink sales stumble

The company also said an additional 6,400 workers, or 2 percent of HP’s 321,000-employee work force, will lose their jobs over the next year as part of HP’s digestion of Electronic Data Systems, a technology services provider HP bought for $13.9 billion last year to mount a bigger challenge to IBM Corp.

HP was already dumping 24,600 jobs as part of that acquisition before the extra cuts were announced Tuesday.

HP’s results, reported Tuesday after the market closed, muddies the picture of whether technology spending has fallen as far as it’s going to in this recession. HP’s outlook was not optimistic, and its shares fell in extended trading.

Ad Sales Boost Google Profits

Ad Sales Boost Google Profits

While so many others are reporting gloom and doom, the behemoth known as Google keeps moving onward and upward. Its fourth quarter net income might have been down to $382 million, or $1.21 a share, from $1.21 billion, or $3.79 a share, but that was due to charges on investments in Clearwire and AOL. But Reuters reports that its earnings were still $5.10 a share, surpassing the average analyst forecast of $4.95.

Q1′06 Global Plasma TV Shipments Rise 87%

Worldwide plasma TV shipments rose 87% year-over-year (Y/Y) while falling 26% quarter-over-quarter (Q/Q) to 1.7 million units on traditional seasonal weakness coupled with new model transitions and supply constraints. Plasma TVs remained dominant compared to other TV technologies in the 40”-44” segment with a 65% share, down from 68% in Q4′05, and gained share at 50”-54” rising from 29% to 33%. With plasma module supply tight and larger sizes and higher resolutions gaining share, blended plasma TV prices rose 2% sequentially while falling 25% Y/Y to $2,353. As a result, plasma TV revenues fell slower Q/Q on a revenue than a unit basis, down 24% Q/Q while rising 41% Y/Y to $4.0 billion.

Google IPO Set At $85 A Share

The Securities and Exchange Commission gave the final go-ahead for the IPO Wednesday afternoon, and the stock was expected to begin trading today. As of this writing, the stock does not appear to be trading yet.

On Wednesday, Google slashed its planned IPO by nearly half, cutting the expected price to $85 to $95 a share from its original range of $108 to $135 a share. It later confirmed its initial going-public price would be $85 a share.

Read more at CNN Money.

Mobile Phone Market Returns to Growth

According to IDC’s Worldwide Mobile Phone QView, worldwide mobile phone shipments in 2Q04 increased 6.4% over the first quarter and rose 40.7% year-over-year to 169.8 million units.

LG and Samsung both continued to execute strategies of rapid technological innovation, form factor flexibility, and brand excitement throughout the first half of the year. In contrast, the product strategy for vendors such as Nokia and Siemens remained fairly conservative, failing to match the aggressiveness of its counterparts.

Nokia Launches 7610 Phone In Taiwan

The company, vying for a larger share of the Taiwan market, is expanding its offerings of new handset models.

The 7610 is equipped with 72Mbit expandable memory and comes with various multimedia functions including up to ten minutes of video recording, MP3 playback features and a wide range of smartphone features.

With the growing popularity of camera phones, Nokia expects the proportion of camera-equipped handsets to increase from the current 30% to over 50% by year-end.

Read more at DigiTimes

Xbox 2 Could Take 30% Market Share

Industry bosses speaking at the Piper Jaffrey conference in New York have sounded notes of cautious optimism about Microsoft’s next-generation plans, with EB president Jeff Griffiths saying that the system could win 30 per cent market share.

“Yes, they could get a 30 per cent share, ” Griffiths told the conference, speaking about the Xbox 2 console which is widely expected to launch by late 2005. “I think if they got less than that they’d be disappointed. If they come out earlier than Sony, if they have the breadth of exclusive titles like Sony had for PS2, I think they’d definitely have potential for market share leadership.”

Large LCD Revenues Surged 116% In Q1

Source: DisplaySearch’s press release.

Revenues for 10” and larger TFT LCDs rose 14% quarter-over-quarter (Q/Q) and a record 116% year-over-year (Y/Y) in Q1′04 to establish a new quarterly high of $9.2 billion (B) as revealed in DisplaySearch’s latest Quarterly Large-Area TFT LCD Shipment Report. 102% Y/Y growth was predicted, but 116% growth was achieved on faster unit growth, 59% vs. a forecasted 51%. In addition, ASPs were 1% higher than projected at $286, the highest value since Q1′01 as larger and more expensive panels gained share and shortage conditions continued resulting in price increases at certain sizes. Unit shipments rose 7% Q/Q to 32.1 million (M), 6% or 1.8M units higher than predicted. All applications grew faster than expected and quarterly TFT LCD supplier profits exceeded $2 billion for the first time. By application in Q1′04:

iPod Still Leading Market, But By How Much?

Business Week has posted an interesting article about Apple’s iPod and market share this week. It states that while Apple says the iPod can claim from 40% to 50% of the market share of digital audio players, the iPod’s global market share may actually fall well below the 25% mark.

According to the article, very little good data exists on international sales of consumer electronics — digital-music players included. With the exception of Japan, information out of Asia is sketchy. By some estimates the Chinese market for digital-music players hit 1.8 million units in 2003, but given the chaotic nature of the Middle Kingdom’s economy, that number could well fall short. Good sales data in Latin America, Eastern Europe, India, South Korea, and Taiwan remain hard to come by.

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