Consumer News: Microsoft Windows 8 Gets a Gloomy Sales Report

By Anthony Shields  DEC 03, 2012 10:40 AM

Plus, Hostess executives are getting bonuses.

 


This column highlights the most interesting and useful business and financial commentary on consumer companies from around the Web.

ReadWriteEnterprise
Link: Another Gloomy Sales Report Adds to Windows 8's Tough Week
“A month past the launch of Microsoft’s (NASDAQ:MSFT) revolutionary operating system, data released this week seems to add credence to the idea that consumers just aren’t adopting Windows 8 as fast as the company may have hoped, with negative implications both for the holiday shopping season and beyond.
 
“In a report released Friday, StatCounter found that by November 26, Windows 8 had a worldwide Internet usage share of 1.31%, compared to 4.93% achieved by Windows 7 one month after its launch in 2009. Within the US, that number was slightly higher: 2.12%, versus 6.29% for the same period in 2009. (In the graphs below, the Windows 8 market share is down in the noise.)”
 
CBS News
Link: Judge Approves Up to $1.8 Million In Bonuses for Hostess Executives
Hostess Brands Inc. got a judge’s approval to give its top executives bonuses totaling up to $1.8 million as part of its wind-down plans.
 
“The maker of Twinkies, Ding Dongs, and Ho Hos said the incentive pay is needed to retain the 19 corporate officers and “high-level managers” during the liquidation process, which could take about a year.”
 
NJ Today
Link: Organizing McDonalds and Wal-Mart, and Why Austerity Economics Hurts Low-Wage Workers the Most
“What does the drama in Washington over the 'fiscal cliff' have to do with strikes and work stoppages among America’s lowest-paid workers at Wal-Mart (NYSE:WMT), McDonald’s (NYSE:MCD), Burger King (NYSE:BKC), and Domino’s Pizza (NYSE:DPZ)?
 
“Everything.”
 
BBC News
Link: Is Government Too Scared of Google, Amazon and Starbucks?
“If the UK had an industrial strategy over the past 30 years, it could perhaps have been characterized as 'foreigners more than welcome.'
 
“To a greater extent than any developed economy, British governments have been almost wholly lacking in concerns when overseas companies set up shop in the UK or bought businesses here -- because of the conviction that these overseas companies would bring decent management, useful competition and investment capital to this country.”
 
The Guardian
Link: Best Buy Vice President on the Impact of Mobile Technologies on Retail
“Amid the doom and gloom surrounding the retail business, Best Buy's (NYSE:BBY) Scott Moore shares his thoughts on how retailers can think differently about mobile technologies in order to add value and get through tough times.”
No positions in stocks mentioned.