TWICE News

• Good Guys Posts Profit
  
  By Jeff Malester, April 16, 2003
  San Francisco - A combination of closing under-performing stores and reductions in Selling, General and Administrative expenses - to attain a lowered cost structure - has allowed Good Guys to report an annual profit for the first time in seven years.
  
• Good Guys Posts Profit
  
  By Jeff Malester, April 16, 2003
  San Francisco - Cost-cutting efforts has enabled Good Guys to report an annual profit for the first time in seven years.
  
• Thomson Q1 CE Sales Slide 20%
  
  By Jeff Malester, April 16, 2003
  Paris - Sales in Thomson's consumer products division dropped to $775.4 million in the first quarter, down 20 percent from the $1.1 billion recorded in the year-ago period, and down 30.4 percent including the impact of currency effects.
  
• Thomson Q1 CE Sales Slide 20%
  
  By Jeff Malester, April 16, 2003
  Paris - Sales in Thomson's consumer products division dropped to $775.4 million in the first quarter, down 20 percent from the $1.1 billion recorded in the year-ago period, and down 30.4 percent including the impact of currency effects.
  
• Thomson Q1 CE Sales Slide 20%
  
  By Jeff Malester, April 16, 2003
  Paris - Sales in Thomson's consumer products division dropped to $775.4 million in the first quarter.
  
• Motorola Q1 Cellphone Sales Rise 2%
  
  By Jeff Malester, April 16, 2003
  Schaumburg, Ill. - Wireless telephone maker Motorola reported a 2 percent increase in sales in the first quarter for its personal communications segment.
  
• Photolightning Releases New Version
  
  By Greg Scoblete, April 15, 2003
  Belmont, Mass. - Digital imaging software-company Photolightning, introduced a new version of its Photolightning software geared at the entry-level digital photographer.
  
• Grundig Seeks Bankruptcy Protection
  
  By Doug Olenick, April 15, 2003
  Nuremberg, Germany - Grundig AG filed for bankruptcy in the Local Court, here, yesterday, after last minute talks with a potential investor fell through.
  
• Philips Q1 CE Sales Drop 5%
  
  By Jeff Malester, April 15, 2003
  Amsterdam, The Netherlands - Declining consumer confidence and overstocked retail channels were the prime culprits for a 5 percent comparable decrease in consumer electronics sales at the Philips Group in the first quarter.
  
• XM Hits Half-Million Subscriber Mark
  
  By Amy Gilroy, April 14, 2003
  Washington - XM Satellite Radio announced it surpassed the half million mark in total subscribers today.
  
• DirecTV Q1 Revenue Increases 16%
  
  By Jeff Malester, April 14, 2003
  El Segundo, Calif. - Hughes Electronics' DirecTV saw U.S. revenue grow 16 percent in the first quarter, hitting $1.7 billion, compared with $1.5 billion in the year-ago period.
  
• Mitsubishi Unveils 82W-inch Rear Projection HDTV
  
  By Greg Tarr, April 11, 2003
  Dallas - Mitsubishi has introduced to its dealers what it calls the 'largest integrated rear projection HDTV set.'
  
• Mitsubishi Unveils 82W-inch Rear Projection HDTV
  
  By Greg Tarr, April 11, 2003
  Dallas - Mitsubishi has introduced to its dealers what it calls the 'largest integrated rear projection HDTV set.'
  
• Mitsubishi Unveils 82W-inch Rear Projection HDTV
  
  By Greg Tarr, April 11, 2003
  Dallas - Mitsubishi has introduced to its dealers what it calls the 'largest integrated rear projection HDTV set.'
  
• GE Q1 Majap Sales Decrease 7%
  
  By Jeff Malester, April 11, 2003
  Fairfield, Conn. - Sales in the first quarter at the consumer products segment of General Electric dropped 7 percent, to $1.8 billion, down from $2 billion in the year-ago period.
  
• PARA Dealers Get Pep Talk
  
  By Joseph Palenchar, April 11, 2003
  Miami - Custom installation dealers received pep talk last Thursday to help get them through the current tough economic times at this year's PARA conference.
  
• CE Industry Looks For Broadcasters' Support
  
  By Greg Tarr, April 10, 2003
  Las Vegas - HDTV once again dominated discussions and announcements relevant to the consumer electronics industry at the recent National Association of Broadcasters (NAB) convention.
  
• Retail Sales `At Ease' In March
  
  By Alan Wolf, April 10, 2003
  New York - Retailers blamed the war, the weather and even Easter for generally disappointing sales in March.
  
• Murdoch Pays $6.6 Billion for DirecTV
  
  By Steve Smith, April 10, 2003
  New York - News Corp. czar Rupert Murdoch has finally struck a deal to take control of U.S. satellite TV provider DirecTV.
  
• Borders Books Offering Wireless Web Access
  
  By Doug Olenick, April 9, 2003
  Ann Arbor, Mich - T-Mobile USA and Borders book stores have teamed up to place wireless networking hot spots in 145 Borders Book and Music Stores.