Sony has given up on its proprietary ATRAC digital music file format and will embrace open audio platforms with future Walkman players while also closing the Connect online music store, the company announced at the IFA consumer electronics show today.
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Harvey Norman profits up 77.4 per cent, sales up 16.5 per cent
It has been a huge year for Harvey Norman —the company’s financial results released today for the year to 30 June 2007 report a 77.4 per cent increase in net profit after tax and minority interests of $407.25 million compared to $229.56 million in 2006.
Retailer Alert: Look out for suspicious LG TV remote control buyers
Betta Electrical in Kyneton, north west of Melbourne, has advised Current.com.au their store was broken into and a selection of LG LCD TVs were stolen without the remote controls— they urge retailers to lookout for customers buying specific remotes.
Kenwood celebrates 60 years of manufacturing success
This year marks the 60th anniversary of appliance manufacturing for Kenwood, which was founded in Woking, UK, in 1946 by Kenneth Wood and launched its first product in 1947 — the A100 Turnover Toaster.
F&P revenue up 16.8 per cent with record sales of $1.4b
At a shareholder meeting in Auckland today, Fisher & Paykel announced that their record appliances sales of over $1.29 billion were the driving force behind the company’s $1.4 billion in revenues, which was up 16.8 percent over last year.
Nokia issues product advisory on 46 million phone batteries
Nokia has issued a global product advisory for around 46 million mobile phone batteries after the company has received around 100 reports of the affected battery overheating while charging.
Kodak promises to slash photo printing costs by 50 per cent
Kodak today unveiled its strategy to enter the consumer inkjet printer category through JB Hi-Fi with a new business model designed to slash the cost of printing by up to 50 per cent.
HP claims first quad-core processor in a consumer PC
Hewlett-Packard (HP) today announced the launch of the HP Pavilion Media Center M8190 PC and the HP Pavilion A6160A Home PC, which it claims is the computer industry’s first consumer desktop PCs with Intel Core 2 Quad processors.
Cloud over Xbox 360 hides silver lining
Microsoft’s recent US fourth quarter earnings report for its Xbox 360 console and its 61 per cent drop in console shipments prompted media reports of plummeting sales and continued misfortune, however local GfK data paints a different picture.
Retravision store in AFL storm
An electrical appliance retailer in Geelong has been named in a legal battle between controversial AFL star Gary Ablett Jr and his former manager, Michael Baker.