news Rumor   Circuit City to Close Yet Another 150 Stores Rumor – Circuit City to Close Yet Another 150 Stores

    Share

circuit city logo fire Rumor   Circuit City to Close Yet Another 150 Stores

Circuit City already closed 155 stores around the county last week, but a reliable industry source says the company is looking to close yet another 150 stores. The source indicates an announcement will becoming in as little as two weeks from now. Nobody knows which stores will be closing but the source indicates that profitability after Black Friday should be a good indicator. More on this as it develops.


No comments yet :: Share Yours
Tags: |

news CNET Publishes Story on Which Computer Manufacterers Will Survive the Coming RecessionCNET Publishes Story on Which Computer Manufacterers Will Survive the Coming Recession

    Share

dell hp cnet CNET Publishes Story on Which Computer Manufacterers Will Survive the Coming Recession

CNET published a story today on the sustainability of the big-time PC manufacturers. They postulate that there will be fewer people shopping for new PCs, and fewer businesses making the leap as well.

CNET decided that HP would be best to survive the coming digital recession, citing that a full third of their revenue comes from software and enterprise storage. These mediums won’t be taking as big of a hit as consumer hardware, apparantly.

Dell is also in clear, having recently made a large move to services and software. The company also recently moved to China and India to cut costs, which should also help them survive.

CNET claims that Lenovo is in dire shape, having recently reported a quarterly loss of 78%. The company is doing well in China but not so well in the United States.

Click here for the full story.


No comments yet :: Share Yours
Tags: | | | |


© Copyright Nerd Grind 2009. All rights reserved.