Archive for November, 2009

Motorola DROID closes in on its one-million-sold target?

It comes as no surprise to us that the Motorola DROID has been seeing some really successful sales numbers since its release. As a matter of fact, it is getting mighty close to its target of finding one million hands by the end of the fourth quarter. Actual sales figures are reported to be somewhere in the neighborhood of 700,000 to 800,000 devices sold, which is nearing Verizon and Motorola’s goal and already well over analyst predictions. If Verizon sees a big holiday push, that number can easily crawl over the one million mark. It doesn’t hurt to have a $100 million ad campaign — it’s definitely paying off, but what we want to know is how many of you contributed to those sales numbers and if you’re happy with your decision so far. Share your experience in the comments!

The day ahead: Tuesday

Major automakers are expected to report flat U.S. auto sales for November from a year ago — another sign the industry is on the mend after a bruising downturn that forced extensive restructuring earlier this year. Read preview here.

Other highlights:

*  The U.S. manufacturing sector is expected to have grown in November, but at a slower pace than October, underscoring the fragility of the economic recovery. The Institute for Supply Management’s manufacturing index reading is estimated at 55.0 in November. Read preview here.

*  Tuesday is the deadline for shareholders of Norwegian video conferencing system maker Tandberg to accept Cisco’s takeover offer.

*  The Street will look for any signal from Staples of an uptick in sales to small businesses and a report card of the office-products retailer’s performance in the back-to-school season when it reports quarterly results.

*  At the second day of the Reuters Media Summit, being held in New York and London, we speak with Time Warner Cable Chairman, President & CEO Glenn Britt and Electronic Arts CEO John Riccitiello.

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Amazon Kindle breaks all time sales record in the month of November

The month of November was a sweet one for the Amazon Kindle as the e-book reader posted its best sales month ever. The Kindle is the best selling electronics product on Amazon right now and hits the top spot as the most gifted and most wished for device. Seriously. With the Barnes & Noble Nook missing in action and Sony’s lineup of e-book readers still lacking wireless connectivity, the Kindle is the only game in town for the casual consumer looking to get in on the e-book explosion. It also doesn’t hurt that Amazon brought the Kindle down to a more reasonable $259 price point and added in that much requested international wireless connectivity.  Somebody has to be buying all these Kindles, so ‘fess up, will there be a Kindle in your stocking this holiday season?

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