This column highlights the most interesting and useful business and financial commentary on technology from around the Web.
Link: Best Buy: Is This the Last Public Gasp?
“When Stores Magazine published the ranking of the 100 Largest Stores, Best Buy
(NYSE:BBY) was 9th with sales of $49.8 billion in fiscal 2011. It is also recognized as one of the best internet retailers – ranking in 11th place.
“Since then the company has been under attack externally by competitors, and in turmoil internally, as founder, and sizable shareholder, Dick Schulze has publicly discussed his wish to take the company private.”
Link: Why RIM Absolutely Must Seed BlackBerry 10 to the Federal Government
“During the decline of Research In Motions
(NASDAQ:RIMM) base of loyal followers, the BlackBerry maker could always count on one bastion of users that would never surrender to the iPhone/Android duopoly: the United States government.
“Ever an organization of extremely security conscious agencies, the US federal government has long preferred BlackBerries over any other choice. The combination of security and communications in conjunction with the BlackBerry Enterprise Server gave RIM unique capabilities to serve the federal government in a way that no other mobile device maker could.”
Link: China Gets The iPhone 5, But Will This Help Apple’s Market Share?
“The iPhone 5
(NASDAQ:AAPL) made its highly-anticipated arrival in China today, but despite strong pre-orders (China Unicom received 300,000 pre-orders
), it remains to be seen whether this will help Apple’s eroding share of the world’s largest smartphone market.
“Though the iPhone continues to be hugely popular among Chinese consumers
, this may not be enough to hold onto the interest of China’s 290 million smartphone users. China is still Apple’s second-largest market
, but iPhone sales are losing traction to competition
(PINK:SSNLF) and Nokia
(NYSE:NOK), as well as domestic handset makers such as Huawei, ZTE and Lenovo, all of which have produced cheaper Android-based devices.”
Link: Amazon Expands Instant Video to iPhone
(NASDAQ:AMZN) is expanding its Instant Video service and its Cloud Player App to more mobile platforms.
“The Instant Video app is now available on the iPhone and the iPod Touch, with options for streaming or downloading content from Amazon's video collection.”
Link: Google Shuns Microsoft Windows 8, Windows Phone
(NASDAQ:GOOG) is dashing the hopes of Windows 8
(NASDAQ:MSFT) and Windows Phone 8 users who were hoping for native business apps like Gmail and Drive. That's because by Google's reckoning, there simply aren't enough users to drive demand.
“Google is no stranger to the Windows platform. The company offers a Google Search app for Windows 8. When it comes to business and productivity apps, Google is being a little more selective.”
No positions in stocks mentioned.