- CBS and Disney are said to be considering participating in Apple’s proposed plan to offer TV subscriptions over the Internet. “Traditional TV business is toast. It’s just a question of when and how,” Henry Blodget says.
- Appliance sales may not be best read on housing market.
- Final 3Q GDP reading comes in at 2.2%, meaning it’s tough to put much faith in the earliest GDP readings. “We’re in an economic recovery, but we still don’t know how strong it is or how sustained it will be,” Time’s Justin Fox says.
- Google’s not done on the deal-making front.
- Second-tier smart phone makers (Palm, Motorola) may struggle with profitability.
- Stores pin hopes on last-minute shoppers.
- To repay taxpayers, Wall Street banks raised billions of dollars in new capital, and they generated millions of dollars in fees doing so, Andrew Ross Sorkin says.
- Abnormal Returns rounds up thoughts on the past decade in equities.
- “I have never seen a great investment where the first information came through advertising,” Jeff Miller writes, referring to gold. “If investors could learn one thing, resisting TV ads would be the key choice.”
- Jeff Jarvis offers thoughts on what bankrupt newspaper companies should be doing.
December 22, 2009
To think MOT doesn’t continue to climb out of the hole it dug would be kidding yourself – long-term that is.
I don’t think the Google phone will be able to tackle the Droid, maybe Palm, but let’s not compare apples to oranges here. The Droid is at the top of the best sellers (Time’s #1 gadget of the year), so despite being in an ‘overcrowded’ market, the best will win out, while the mediocre will suffer.