There was a telling bit of news on the continued travails of the U.S. consumer today from a small Texas retail chain called Conn’s. (In general, I would say calling a retailer “Conn’s” is not something I would recommend. But I digress.)
South Korea’s LG Display Co. said its third-quarter net profit nearly doubled from a year earlier, thanks to a steady rise in prices for flat-panel screens.
Nintendo’s Wii has outsold rival game consoles. Now a new study says it also outlasts them.
The study by SquareTrade, an independent provider of warranties on electronics, estimates that 2.7 percent of Wiis fail during the first two years of ownership, compared with a 10 percent failure rate over that period for Sony’s PlayStation 3 and a 23.7 percent failure rate for Microsoft’s Xbox 360.
Cell phones and laptops may seem like pretty minor offenders when it comes to energy guzzling. But as they become ubiquitous all over the planet, their growing power consumption is emerging as a major source of concern for those trying to conserve energy and stop global warming.
Just how much power TVs should use has become a matter of growing debate between the California Energy Commission and the consumer electronics industry.
Next week, the Consumer Electronics Association is coming out with a new study in a salvo against the CEC over proposed rules for specific energy standards for TVs sold in California. Under the CEC’s proposed rules, 42-inch TVs sold in California must consume 183 watts or less by 2011, dropping to 115.5 watts by 2013. The CEC says it’s trying to make TVs more efficient to save the state and consumers money.
In a report combining consumer electronics, semiconductors, and infrastructure software analysis, Pacific Crest Securities equity researchers today write that Microsoft’s forthcoming Windows 7 is “a dramatic improvement over Vista” and that it has “implications for the technology sector” beyond just what it will do for Microsoft.
Reed Hastings is prowling CES for deals. Already, in the past year, the CEO of DVD rental service Netflix Inc. has cut at least a half-dozen partnerships with consumer electronics makers to make a Netflix service that streams movies and television shows over the Internet watchable on television sets via game consoles, digital video recorders and other gadgets.
Cisco has decided to be a player in the consumer electronics business.
Cisco is a company that tends to be associated with enterprise networking–at its heart it remains a manufacturer of big honking routers. But over the last few years, the company has made a concerted effort to get into the consumer business.
In a mixed holiday sales forecast, an electronics industry trade group is projecting that consumer spending on such gadgets will grow 3.5 percent in the fourth quarter, half the growth rate in the same quarter a year earlier.
Best Buy (BBY) has a nice niche with its Geek Squad, providing tech-savvy service people to help customers set up large-screen televisions, home theater systems, wireless networks and other high-end consumer electronics goods.
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