The latest news, research and information on earnings, profitability, mergers & acquisitions and company financials within the consumer electronic industry.
Pioneer, Sharp, Hitachi Post Mixed Quarterly Results By Steve Smith - 07/31/2008 New York — Three top Japanese CE manufacturers had mixed financial results for their fiscal first quarter, which in all cases ended June 30. More
Blockbuster Reports Lower Q3 Net Loss By Staff - 11/17/2008
DALLAS — Blockbuster reported lower sales and a reduced net loss for its third quarter, ended Oct. 5. Total revenues for the third quarter decreased 2.7 percent, or $33.6 million, to $1.20 billion, as compared with $1.24 billion in the third quarter of last year. Net loss for the quarter narrowed 48.
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Sanyo Reports Higher 1st-Half Sales, Income By Steve Smith - 11/17/2008
TOKYO — Sanyo Electric, as it confirmed its interest in being acquired by Panasonic (see story on p. 1), reported higher consolidated net sales and net income for its first half, ended Sept. 30. Seiichiro Sano, president of Sanyo, confirmed that the company is "negotiating a deal with another company regarding its preferred stocks.
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Directed Posts $1.1M Profit In 3rd Quarter By Steve Smith - 11/17/2008
VISTA, CALIF. — While Directed Electronics announced it would exit the satellite-radio business (see p. 4), it also reported its third-quarter results. Directed, a wholly owned subsidiary of DEI Holdings, reported that net income was $1.1 million for the quarter, ended Sept. 30, compared with a loss of $1.
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3 LCD Panel Makers Fined $585M By DOJ By Steve Smith and Greg Tarr - 11/17/2008
WASHINGTON — LG Display, Sharp and Chunghwa Picture Tubes were hit last week with $585 million in criminal fines by the Department of Justice's (DOJ) antitrust division for LCD-panel price fixing. In a release by the DOJ the three companies have agreed to pay the fines for their roles in conspiracies to fix prices in the sale of LCD panels.
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Retail Sales Slumped In October By Alan Wolf - 11/06/2008 New York — Retailers, buffeted by the roiling financial markets and sagging consumer sentiment, reported weak sales in October, with little help from CE.
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hhgregg’s Q2 Sales, Profits Climb By Alan Wolf - 11/06/2008
Updated! Indianapolis — hhgregg reported strong second-quarter sales and earnings but a slump in same-store sales.
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Directed Electronics Q3 Net Income Up By Steve Smith - 11/06/2008
Vista, Calif. — While Directed Electronics announced it would exit the satellite radio business, it also reported its third-quarter results.
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Viewpoint Steve Smith, Editor-in-Chief, December 15, 2006 TWICE Is Getting With The Times
Welcome to TWICE’s newly designed Web site. If you were able to find your way i... More
TWICE on The Scene: ADL Dinner The Anti-Defamation League’s (ADL) national consumer technology industry group honored three industry leaders and set a fundraising record for itself during its annual awards tribute and dinner on Saturday, Nov. 15 at the Grand Hyatt Hotel, here.
TWICE on the Scene: CES Unveiled The Consumer Electronics Association (CEA held its annual CES Unveiled event on Nov. 11 in New York City.
TWICE on The Scene: CEA 2008 Hall of Fame Industry notables came out in force for the annual Consumer Electronics Hall of Fame dinner Tuesday evening, held during the Consumer Electronics Association’s Fall Forum meeting, here, at the Four Seasons Hotel.
iPhone 3G Tops Summer Smartphone Sales
PORT WASHINGTON, N.Y. — The iPhone 3G was the best-selling smartphone from June through August, followed by the RIM Bla...
New York — Retailers, buffeted by the roiling financial markets and sagging consumer sentiment, reported weak sales in October, with little help from CE.
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