Tech Biz Review: Acer WARNS Microsoft, Nokia Windows Phone 8 SPOTTED
Here are Tuesday’s top stories:
Acer Inc. (ASIYF.PK) Chief Executive J.T. Wang says that Microsoft Corporation (NASDAQ:MSFT) should “think twice” before introducing Surface, predicting that the tablets will “create a huge negative impact for the personal computer ecosystem.” The latter has already commented about a potential backlash from original equipment manufacturers in its 10-K, and its worries might be a reason why only Microsoft’s online and retail stores will see initial Surface sales. It’s also thought that fears of channel conflict might impact the company’s pricing.
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It is possible that one of Nokia Corporation’s (NYSE:NOK) first Windows Phone 8 devices has been spotted on a Chinese site that has posted photos of what appears to be a yellow Lumia phone with an oversized display. Expectations have increased that Nokia will unwrap WP8 hardware, perhaps with a PureView phone, at a September 5th Nokia World event.
Shares of First Solar, Inc. (NASDAQ:FSLR) move up on the news that the White House will expedite some 7 solar and wind projects, among them the First Solar’s Silver State South Nevada project. Wind turbine component manufacturer American Superconductor Corporation (NASDAQ:AMSC) shares are among Tuesday’s big winners as well. First Solar is currently up more than 35 percent since it posted a huge second quarter beat, but shares are still down considerably on the year.
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