Tech Biz Roundup: New Apple iPads, Amazon’s Awesome Sales
Opnext (NASDAQ:OPXT) relocated production to manufacturing facilities in Japan and California. One of its main contract manufacturers remains down due to flooding damage in Thailand hence the relocation. The firm warns that the loss of production capacity will have a “significant impact” on its operations and ability to meet customer demand for the remainder of fiscal year 2011.
Apple (NASDAQ:AAPL) will unveil two versions of its next-generation iPads in January reports Digitimes. They will be targeted to the mid-range and high-end segments. Sources indicate the upcoming models will feature a 9.7-inch screen, which is different than the rumored 7.85-inch.
Don’t Miss: Apple iPad Purchasing Explosion on the Horizon.
Amazon (NASDAQ:AMZN) proclaims 2011 “the best holiday ever for the Kindle family,” with sales of more than 1 million of the devices per week throughout December. The new “Fire” led the holiday season. The company also notes the success of its Direct Publishing program, with the number 1 and number 4 best sellers on Kindle both published independently by their authors. However, Heather Bellini warns about the quarter four revenue as shares were down premarket.
Oracle (NASDAQ:ORCL) President and former H-P CEO Mark Hurd lost a court appeal in which he sought to keep confidential a letter that contained allegations of sexual harassment. The ruling means at least a partially redacted version of the letter concerning Hurd’s relationship with a onetime H-P marketing contractor ultimately will be made public.
Investing Insights: Nintendo Gets into the App Game.
IBM (NYSE:IBM) lands a patent over a computerized healthy eating system 10 years after first applying with the United States Patent and Trademark Office. The patent covers a system that will detect a food item and then provide a consumer with a related monetary incentive and health history.
Verizon’s (NYSE:VZ) online forum is overwhelmed with complaints that customers are unable to activate new phones including the iPhone, which comes just one day after reports of rampant 4G data services outages.
Don’t Miss: Verizon Pushes Customers to Automatic Billing.
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