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Posts Tagged ‘sells’

Verizon Sells 250,000 Motorola Droid Phones in First Week

November 17th, 2009 | No Comments

Verizon Wireless and Motorola sold 250,000 units of the Motorola Droid smartphone in its first week, compared to the 1.6 million units of the iPhone 3GS Apple and AT T sold in its first week, according to mobile analytics firm Flurry.
Apple launched its handset in eight countries at the same time; the Droid launched in the U.S. only. Flurry said Verizon’s aggressive campaign coupled with its 3G network advantage positions the Droid as a legitimate challenger to the iPhone.
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Verizon Wireless and Motorola sold 250,000 units of the Motorola Droid smartphone in its first week, compared to the 1.6 million units iPhone
3GS Apple and AT amp;T sold in its first week, according to mobile
analytics firm Flurry.
Launched Nov. 5 with heaps of hype and a supposed $…

Windows 7 Sells Well, but Microsoft Isn’t Out of the Woods Yet

November 8th, 2009 | No Comments

Microsoft’s Windows 7 sold well in its first few days of release, according to an analyst report, but declining revenues and suggestions of a slow-paced tech refresh suggest that Microsoft could face at least a few more quarters of stagnant revenues as it seeks to recover from the massive economic recession. This week saw Microsoft cut 800 more jobs from its payrolls, as it continues to consolidate and trim costs in an effort to streamline.
– At least we know one thing, numerically speaking: Windows 7 isnt Vista.

Microsoft
received a bit of good news this week when a report by NPD Group suggested that
early sales of Redmond’s new
operating system had exceeded those of Vista during the
same timeframe by a fairly impressive 234 perc…

AEM Holdings unit sells Woodlands factory to KSB for $3.1m

September 4th, 2009 | No Comments

AEM Holdings says wholly-owned unit AEM Platronics (S) has entered into a conditional option agreement to sell its factory unit at 7 Woodlands Walk in Woodlands East Industrial Estate to KSB Singapore (Asia Pacific) for $3.1 million.

AEM Holdings says a $31,000 deposit has been paid to KSB and a further deposit of $279,000 — 10% of the sale price — paid to the company’s solicitors pending completion of the sale of the property; with the balance of the sale price of $2.79 million (90%) to be paid on the date of completion of the sale of the property.

The proposed disposal is in line with the streamlining and restructuring plans of AEM Holdings to reduce its overheads.

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PSA sells US$500m of 10-year bonds

September 4th, 2009 | No Comments

PSA International, the ports operator owned by Singapore’s Temasek Holdings, raised US$500 million ($720 million) by selling 10-year bonds denominated in U.S. dollars, according to data compiled by Bloomberg.

The 4.625% bonds were priced to yield 140 basis points more than similar-maturity US government debt, the data show. A basis point is 0.01 percentage point.

Google Sells $1B Stake in AOL For $283M

July 28th, 2009 | No Comments

Google earlier this month sold its $1 billion stake in AOL for $282 million, confirming the search engine giant’s concerns from a year ago that its investment was impaired. Time Warner is set to spin AOL off, and the company will have to go it alone versus real-time and social services from Google, Yahoo, Microsoft Facebook and Twitter.
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Google sold its $1 billion investment in AOL for just
$283 million July 8, more than four years after buying the 5 percent stake in
the Web portal in a coup against rival Microsoft, according to a regulatory filing July 27.
Google
had purchased the stake in Time Warner’s online un…