Author: Serkadis

  • Unmanned aircraft system proposal takes flight

    A consortium of Washington-based organizations will soon submit the final section of a proposal to site an unmanned aircraft system research and testing facility in central Washington. If successful, the proposal to the Federal Aviation Administration will result in the FAA naming the Pacific Northwest Unmanned Aerial Systems Flight Center as one of six U.S. testing facilities later this year.

    Innovate Washington, the lead agency of the state of Washington focused on fostering growth of the state’s innovation sectors, and the U.S. Department of Energy’s Pacific Northwest National Laboratory in Richland are working with ten other state, county and private industry partners to be selected as one of six locations nationwide to conduct critical research that will safely accelerate the integration of civil unmanned aircraft systems into the national airspace system.

    “Our testing and proving facilities include all elements industry will need to safely conduct sophisticated research and development activities,” said Steve Stein, PNNL project manager. “Our proposal offers essentially a turn-key option from complete ground support operations for fueling, maintenance, and emergency response, to the existing control tower with regional radar systems, ample hangar space, conference rooms and advanced communications networks.”

    The proposal identifies Grant County International Airport in Moses Lake, Wash., as the location of the flight center’s principal office and facilities. In addition, the proposal identifies several locations in central and western Washington where a broad range of testing may occur. For example, the proposal provides a testing range over the Pacific Ocean near Grays Harbor for those developers needing “blue water” testing capability. To evaluate the next generation of aircraft traffic control systems, a testing area that simulates an active airport environment—similar to activity experienced daily at a metro airport— is also included. A map of the testing facilities is below.

    Consortium members possess technical research and development capabilities in areas such as advanced navigation, collision avoidance, and alternative fuel system development. Through research and test flights in its test ranges, located over remote and sparsely populated areas in Washington, the consortium says it can advance the application of unmanned aircraft use in search and rescue, weather data acquisition, agriculture crop management, avalanche control and snow pack analysis.

    “Siting a new flight center in central Washington will allow the state to build off of the established strengths of its thriving aerospace industry,” said Bart Phillips, vice president for economic development for Innovate Washington. “The Flight Center supports the commercial growth of the UAS sector, attracting and additional aerospace research and development dollars, providing users with cost-effective, safe, flight testing facilities and fostering the development of more companies and high quality jobs in Washington.”

    The consortium members include Pacific Northwest National Laboratory, Innovate Washington, the Ports of Moses Lake and Grays Harbor, Washington State University, University of Washington, Washington Army National Guard, the Center of Excellence for Aerospace and Advanced Materials Manufacturing at Everett Community College, the Governor’s Office of Aerospace, Washington State Department of Commerce and economic development agencies in Klickitat and Grays Harbor counties.

    The FAA Modernization and Reform Act of 2012 enacted by Congress calls for establishing six unmanned aircraft system research and testing sites in the U.S. The final proposal submittals are due to the FAA by May 6, with decisions on siting the flight centers scheduled to be made before December 31, 2013.

  • This Hublot LaFerrari Watch Looks Perfect For Cobra Commander

    Hublot-La-Ferrari-2

    While I’m not a big fan of ostentatious watches that cost too much and are aimed at buyers with more money than sense (in short, most of the Hublot line) I will give this odd-looking watch a moment of reflection. It is the MP-05 LaFerrari, a tourbillon watch with a 50-day power reserve, a number almost unheard of in the watch world, and a unique styling that is reminiscent of a certain Arashikage ninja.

    The watch itself has a custom HUB9005.H1.6 movement and displays the time in a series of vertical registers. There is a visible tourbillon (essentially a rotating balance wheel AKA the little wheel that “spins” in your average mechanical watch) on the bottom of the watch as well as a winding port on the top. To wind it you use this little power drill. Seriously.

    A power reserve indicator tells you how long you have to go before you whip out your little drill gun and the entire thing is designed to look like the cowling on the $1.3 million LaFerrari or, more precisely, Cobra Commander’s codpiece. The watch is completely handmade and you can see more photos here. It comes in a limited edition of 50 and you can expect to pay $300,000 for the privilege of strapping it to your wrist.

  • Nintendo circles the wagons as smartphone savages attack

    The E3 game expo is just six weeks away and where Nintendo should have big visibility. Instead, today, the company president shares plans about greatly scaled-back presence, less than 24 hours after IDC warned that paying smartphone and tablet gamers will exceed their handheld counterparts this year.

    For Microsoft and Sony, which have new consoles coming this year, E3 2013 will be big happenings. But not Nintendo. “We decided not to host a large-scale presentation targeted at everyone in the international audience where we announce new information as we did in the past”, president Satoru Iwata says. “Instead, at the E3 show this year, we are planning to host a few smaller events that are specifically focused on our software lineup for the U.S. market”.

    The scaleback comes as Nintendo acknowledges weaker than expected sales for Wii U, a hybrid handheld and console gaming system. During first calendar quarter Nintendo sold 3.45 million units, rather than the projected 4 million.

    “The release intervals of first-party key titles have been so much longer than we expected..that we have not successfully maintained the momentum of the platform”, Iwata explains during his earnings presentation. “In addition, we have not been able to solidly communicate the product value of Wii U to our consumers yet, which has been a grand challenge for us”.

    So Nintendo’s problems are two: Consumers don’t understand what Wii U is, and the games aren’t there. Competition may be a big reason for the latter. Android and iOS app stores satisfy consumers and pull away developers, and smartphones, particularly, are more likely carried than gaming handhelds or even tablets.

    “In order for Nintendo’s and Sony’s gaming-optimized handhelds to remain ahead of smartphones and tablets on key metrics…these companies and their game card developer and publisher partners will have to redouble their efforts in a number of respects”, Lewis Ward, IDC research manager, says. “Digital distribution has reached an inflection point in mobile and portable gaming, and future success will largely boil down to finding a unique balance of freemium business model excellence and that ability to deliver compelling social experiences”.

    Nintendo’s decision to pull back from E3 potentially cedes mindshare and product awareness at a time when Microsoft and Sony step up conole competition and Apple and Google platforms encroach further into handheld gaming. That puts Wii U between the console rock and smartphone hard place.

    However, Iwata is convinced that new software titles will lift sales during second half of the year. For all fiscal 2014, which started April 1, Nintendo forecasts sales of 9 million Wii Us and 18 million DSes. Software for both platforms, respectively: 38 million and 80 million.

  • The Hero Eco A2B Metro Electric Bike Is A City Commuter’s Dreamcycle

    metro_white2

    As a man who spends most of his time in his attic, it’s nice to hit the open roads, feel a little wind in your hair, and run over crack vials as you motor through downtown Manhattan. That’s exactly what I did yesterday as when I tried to ride an Hero Eco A2B Metro electric bike from Bay Ridge to our offices on Broadway, thereby cementing my love for electric bikes and this electric bike in particular.

    The Metro, made by German manufacturer Hero Eco (formerly Ultra Motor), is a brutalist electric bike with a built-in battery and maximum speed of 20 MPH. It has pedals and a 7-gear shifter so it is technically considered a moped and does not require a motorcycle license and a built-in limiter ensures you don’t go roaring down the streets on this 80 pound machine.

    The company has had these bikes in the US for a few years now but they are working on a complete rebranding – although the bikes will remain the same. You can see the brand new bikes on this absolutely awful webpage they’ve made. This particular model costs about $3,000 online but the build quality is excellent and the equipment – from the fat Kenda tires to the Shimano shifter – is acceptable enough. I noticed some bad reviews on Amazon complaining of damaged motors or tires and, although I didn’t experience these issues over the past week, I cannot speak for extensive use. In my 15 mile ride I saw solid performance and no skidding or fishtailing while accelerating. I did, however, experience a low battery and riding this thing home, even for a mile, on pedal power wasn’t great.

    The bike is bit big but it’s still thin enough to ensure you don’t get entangled with other riders in tight paths. I found it worked great in tight quarters and, because it is in actuality just a bicycle with a hub motor, the other cyclists didn’t give me that much of a stink eye.

    I’ve avoided looking at electric bikes of late because most of them look like motors strapped to 10-speeds. This is far different and, if I were to describe it in any way, it is the exact opposite of those foldable city bikes folks are riding. My kids, in fact, have taken to calling it Super Bike.

    Hero Eco is finding its footing right now and also has sub-$2,000 models available, including their own version of the folding electric called the Kuo which retails for $1,599. The company is also now calling itself HeroEco and was formerly called Ultra Motor, so you may see a bit of confusing until their full rebranding.

    What are you paying for? Well, you’re paying for a solid, welded frame, solid components, and excellent acceleration. The range isn’t too shabby and for a bit more you can add on a second battery for 20 miles of range. I could also imagine a user removing the governor – though I’m sure Ultra Motors doesn’t condone this. This isn’t a sport bike. I could really see it more as a bike for folks with a 10-15 mile commute who want to hit the open air a little and don’t want (that much) of a carbon footprint.

  • Amazon Sales Up 22% To $16.07 Billion For Q1, Profit Down

    Amazon reported its Q1 earnings today with sales up 22% to $16.07 billion.

    Operating cash flow was up 39% year-over-year to $4.25 billion for the trailing twelve months. Free cash flow was down 85% to $177 million for the trailing twelve months. This includes purchases of corporate office space and property in Seattle. Operating income was down 6% to $181 million in the first quarter, compared with $192 million in first quarter of 2012. Net income decreased 37% to $82 million in the quarter.

    Amazon is excited about its original content business moving forward.

    CEO Jeff Bezos said, “Amazon Studios is working on a new way to greenlight TV shows. The pilots are out in the open where everyone can have a say. I have my personal picks and so do members of the Amazon Studios team, but the exciting thing about our approach is that our opinions don’t matter. Our customers will determine what goes into full-season production. We hope Amazon Originals can become yet another way for us to create value for Prime members.”

    There is also talk of a pending Amazon ad network that would take on the likes of Google and Facebook, not to mention set-top boxes.

    Stock is up in after hours trading.

    Here’s the release in its entirety:

    SEATTLE–(BUSINESS WIRE)–Apr. 25, 2013– Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its first quarter ended March 31, 2013.

    Operating cash flow increased 39% to $4.25 billion for the trailing twelve months, compared with $3.05 billion for the trailing twelve months ended March 31, 2012. Free cash flow decreased 85% to $177 million for the trailing twelve months, compared with $1.15 billion for the trailing twelve months ended March 31, 2012. Free cash flow for the trailing twelve months ended March 31, 2013includes fourth quarter 2012 cash outflows for purchases of corporate office space and property in Seattle, Washington, of $1.4 billion.

    Common shares outstanding plus shares underlying stock-based awards totaled 471 million on March 31, 2013, compared with 464 million one year ago.

    Net sales increased 22% to $16.07 billion in the first quarter, compared with $13.18 billion in first quarter 2012. Excluding the $302 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales grew 24% compared with first quarter 2012.

    Operating income decreased 6% to $181 million in the first quarter, compared with $192 million in first quarter 2012. The unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter on operating income was $12 million.

    Net income decreased 37% to $82 million in the first quarter, or $0.18 per diluted share, compared with $130 million, or $0.28 per diluted share, in first quarter 2012.

    “Amazon Studios is working on a new way to greenlight TV shows. The pilots are out in the open where everyone can have a say,” saidJeff Bezos, founder and CEO of Amazon.com. “I have my personal picks and so do members of the Amazon Studios team, but the exciting thing about our approach is that our opinions don’t matter. Our customers will determine what goes into full-season production. We hope Amazon Originals can become yet another way for us to create value for Prime members.”

    Highlights

    • Amazon.com expanded selection for Prime Instant Video, announcing new licensing agreements with A+E Networks, CBS Corporation, FX, PBS Distribution and Scripps Networks Interactive, bringing exclusive access to popular television series such as Downton AbbeyJustified and Under the Dome as well as shows from HGTV, DIY Network, Food Network, Cooking Channel and Travel Channel. Prime Instant Video now includes more than 38,000 movies and TV episodes that are available for Prime members to watch at no additional charge.
    • Amazon Studios, the original film and series production arm of Amazon.com, debuted 14 original comedy and kids pilots. The pilots, which feature stars such as John Goodman, Jeffrey Tambor and Bebe Neuwirth, are available exclusively atwww.amazonoriginals.com and on the Amazon Instant Video app for Kindle Fire HD, Kindle Fire, iPad, iPhone, iPod touch, Roku, Xbox 360, PlayStation 3, Wii and Wii U, as well as hundreds of other connected devices. Viewer feedback will help determine which pilots Amazon Studios will produce into full series.
    • Amazon expanded the popular Kindle Fire feature “X-Ray for Movies” to TV shows, bringing the power of IMDb directly to the most popular TV shows on Kindle Fire. With a single tap viewers can discover the names of actors and what they’ve been in, without even leaving the TV show.
    • Kindle Owners’ Lending Library has grown to over 300,000 books available to borrow for free as frequently as a book a month, including many titles exclusive to Amazon.
    • Amazon announced the launch of the Amazon MP3 store optimized specifically for Safari browser. For the first time ever, iPhone and iPod touch users can discover and buy digital music from Amazon’s 22 million song catalog. Amazon also announced its Cloud Player app for iPad and iPad mini, enabling customers to play or download music stored in Cloud Player to their device, play music that is already stored on their device, and manage or create playlists.
    • Amazon announced it has extended its popular AutoRip services to vinyl records. AutoRip provides customers with free MP3 versions of CDs and vinyl records they purchase from Amazon. Additionally, customers who have purchased AutoRip CDs or vinyl records at any time since Amazon first opened its Music Store in 1998 will find MP3 versions of those albums in their Cloud Player libraries – also automatically for free.
    • Amazon announced the launch of Kindle Fire HD 8.9” — the large-screen version of its best-selling tablet —for the U.K.,Germany, France, Italy, Spain and Japan. With the expansion of Kindle Fire HD 8.9” to Europe and Japan, Amazon also announced a lower price on Kindle Fire HD 8.9” in the U.S., with the Wi-Fi version starting at $269 and the 4G version starting at$399.
    • Amazon Publishing, the publishing arm of Amazon.com, announced that it will start paying authors their royalties monthly, 60 days in arrears — allowing authors to receive payment more frequently than the twice-a-year industry standard.
    • Amazon acquired Goodreads, a leading site for readers and book recommendations that helps people find and share books they love. Goodreads members can discover new books by seeing what their friends are reading or by using the Goodreads Book Recommendation Engine; share ratings and recommendations; track what they have read, and list what they want to read.
    • Amazon Web Services (AWS) announced the launch of Amazon Redshift, a fast and powerful, fully managed, petabyte-scale data warehouse service in the cloud for a fraction of the cost of a traditional data warehouse.
    • AWS launched AWS OpsWorks, an application management solution for the complete lifecycle of complex applications, including resource provisioning, configuration management, deployment, monitoring, and access control.
    • AWS announced Amazon Elastic Transcoder, a highly scalable service for transcoding video files between different digital media formats. Amazon Elastic Transcoder manages all aspects of the transcoding process transparently and automatically, providing scalability and performance by leveraging AWS services.
    • AWS announced AWS CloudHSM, a new service enabling customers to increase data security and meet compliance requirements by using dedicated Hardware Security Module (HSM) appliances within the AWS Cloud. The CloudHSM service allows customers to securely generate, store and manage cryptographic keys used for data encryption in a way that keys are accessible only by the customer.
    • AWS has lowered prices 31 times since it launched in 2006, including 7 price reductions so far in 2013.

    Financial Guidance

    The following forward-looking statements reflect Amazon.com’s expectations as of April 25, 2013. Our results are inherently unpredictable and may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the rate of growth of the Internet and online commerce and the various factors detailed below.

    Second Quarter 2013 Guidance

    • Net sales are expected to be between $14.5 billion and $16.2 billion, or to grow between 13% and 26% compared with second quarter 2012.
    • Operating income (loss) is expected to be between $(340) million and $10 million, compared to $107 million in the comparable prior year period.
    • This guidance includes approximately $340 million for stock-based compensation and amortization of intangible assets, and it assumes, among other things, that no additional business acquisitions, investments, or legal settlements are concluded and that there are no further revisions to stock-based compensation estimates.

    A conference call will be webcast live today at 2 p.m. PT/5 p.m. ET, and will be available for at least three months atwww.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company’s financial and operating results.

    These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, the extent to which we owe income taxes, competition, management of growth, potential fluctuations in operating results, international growth and expansion, the outcomes of legal proceedings and claims, fulfillment and data center optimization, risks of inventory management, seasonality, the degree to which the Company enters into, maintains, and develops commercial agreements, acquisitions, and strategic transactions, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risks related to new products, services, and technologies, system interruptions, government regulation and taxation, payments, and fraud. In addition, the current global economic climate amplifies many of these risks. More information about factors that potentially could affect Amazon.com’s financial results is included in Amazon.com’s filings with the Securities and Exchange Commission (“SEC”), including its most recent Annual Report on Form 10-K and subsequent filings.

    Our investor relations website is www.amazon.com/ir and we encourage investors to use it as a way of easily finding information about us. We promptly make available on this website, free of charge, the reports that we file or furnish with the SEC, corporate governance information (including our Code of Business Conduct and Ethics), and select press releases and social media postings.

    About Amazon.com

    Amazon.com, Inc. (NASDAQ: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth’s Biggest Selection. Amazon.com, Inc. seeks to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as Books; Movies, Music & Games; Digital Downloads; Electronics & Computers; Home & Garden; Toys, Kids & Baby; Grocery; Apparel, Shoes & Jewelry; Health & Beauty; Sports & Outdoors; and Tools, Auto & Industrial. Amazon Web Services provides Amazon’s developer customers with access to in-the-cloud infrastructure services based on Amazon’s own back-end technology platform, which developers can use to enable virtually any type of business. Kindle Paperwhite is the most-advanced e-reader ever constructed with 62% more pixels and 25% increased contrast, a patented built-in front light for reading in all lighting conditions, extra-long battery life, and a thin and light design. The new latest generation Kindle, the lightest and smallest Kindle, now features new, improved fonts and faster page turns. Kindle Fire HD features a stunning custom high-definition display, exclusive Dolby audio with dual stereo speakers, high-end, laptop-grade Wi-Fi with dual-band support, dual-antennas and MIMO for faster streaming and downloads, enough storage for HD content, and the latest generation processor and graphics engine—and it is available in two display sizes—7” and 8.9”. The large-screen Kindle Fire HD is also available with 4G wireless, and comes with a groundbreaking $49.99 introductory 4G LTE data package. The all-new Kindle Fire features a 20% faster processor, 40% faster performance, twice the memory, and longer battery life.

    Amazon and its affiliates operate websites…. As used herein, “Amazon.com,” “we,” “our” and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.

    AMAZON.COM, INC.
    Consolidated Statements of Cash Flows
    (in millions)
    (unaudited)
    Three Months Ended Twelve Months Ended
    March 31, March 31,
    2013 2012 2013 2012
    CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD $ 8,084 $ 5,269 $ 2,288 $ 2,641
    OPERATING ACTIVITIES:
    Net income (loss) 82 130 (87 ) 561
    Adjustments to reconcile net income (loss) to net cash from operating activities:
    Depreciation of property and equipment, including internal-use software and website development, and other amortization 700 457 2,402 1,338
    Stock-based compensation 229 160 901 605
    Other operating expense (income), net 31 46 139 168
    Losses (gains) on sales of marketable securities, net (2 ) (7 ) (8 )
    Other expense (income), net 68 15 306 (78 )
    Deferred income taxes (80 ) (38 ) (307 ) 83
    Excess tax benefits from stock-based compensation (40 ) (390 ) (56 )
    Changes in operating assets and liabilities:
    Inventories 535 747 (1,211 ) (1,374 )
    Accounts receivable, net and other 729 746 (877 ) (479 )
    Accounts payable (4,187 ) (4,258 ) 2,141 1,388
    Accrued expenses and other (703 ) (529 ) 864 721
    Additions to unearned revenue 684 397 2,083 1,252
    Amortization of previously unearned revenue (460 ) (269 ) (1,712 ) (1,070 )
    Net cash provided by (used in) operating activities (2,372 ) (2,438 ) 4,245 3,051
    INVESTING ACTIVITIES:
    Purchases of property and equipment, including internal-use software and website development (670 ) (386 ) (4,068 ) (1,899 )
    Acquisitions, net of cash acquired, and other (103 ) (50 ) (798 ) (615 )
    Sales and maturities of marketable securities and other investments 599 1,738 3,098 6,641
    Purchases of marketable securities and other investments (776 ) (852 ) (3,227 ) (5,997 )
    Net cash provided by (used in) investing activities (950 ) 450 (4,995 ) (1,870 )
    FINANCING ACTIVITIES:
    Excess tax benefits from stock-based compensation 40 390 56
    Common stock repurchased (960 ) (1,237 )
    Proceeds from long-term debt and other 25 68 3,319 154
    Repayments of long-term debt, capital lease, and finance lease obligations (182 ) (153 ) (603 ) (483 )
    Net cash provided by (used in) financing activities (157 ) (1,005 ) 3,106 (1,510 )
    Foreign-currency effect on cash and cash equivalents (124 ) 12 (163 ) (24 )
    Net increase (decrease) in cash and cash equivalents (3,603 ) (2,981 ) 2,193 (353 )
    CASH AND CASH EQUIVALENTS, END OF PERIOD $ 4,481 $ 2,288 $ 4,481 $ 2,288
    SUPPLEMENTAL CASH FLOW INFORMATION:
    Cash paid for interest on long-term debt $ 13 $ 6 $ 37 $ 17
    Cash paid for income taxes (net of refunds) 86 19 179 45
    Property and equipment acquired under capital leases 340 149 993 721
    Property and equipment acquired under build-to-suit leases 150 17 163 207
    AMAZON.COM, INC.
    Consolidated Statements of Operations
    (in millions, except per share data)
    (unaudited)
    Three Months Ended
    March 31,
    2013 2012
    Net product sales $ 13,271 $ 11,249
    Net services sales 2,799 1,936
    Total net sales 16,070 13,185
    Operating expenses (1):
    Cost of sales 11,801 10,027
    Fulfillment 1,796 1,295
    Marketing 632 480
    Technology and content 1,383 945
    General and administrative 246 200
    Other operating expense (income), net 31 46
    Total operating expenses 15,889 12,993
    Income from operations 181 192
    Interest income 10 12
    Interest expense (33 ) (21 )
    Other income (expense), net (77 ) (99 )
    Total non-operating income (expense) (100 ) (108 )
    Income before income taxes 81 84
    Benefit (provision) for income taxes 18 (43 )
    Equity-method investment activity, net of tax (17 ) 89
    Net income $ 82 $ 130
    Basic earnings per share $ 0.18 $ 0.29
    Diluted earnings per share $ 0.18 $ 0.28
    Weighted average shares used in computation of earnings per share:
    Basic 455 453
    Diluted 463 460
    (1) Includes stock-based compensation as follows:
    Fulfillment $ 61 $ 37
    Marketing 16 12
    Technology and content 120 85
    General and administrative 32 26
    AMAZON.COM, INC.
    CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
    (in millions)
    (unaudited)
    Three Months Ended
    March 31,
    2013 2012
    Net income $ 82 $ 130
    Other comprehensive income (loss):
    Foreign currency translation adjustments, net of tax of $(9) and $(38) (78 ) 137
    Net change in unrealized gains on available-for-sale securities:
    Unrealized gains (losses), net of tax of $1 and $(3) (2 ) 7
    Reclassification adjustment for losses (gains) included in “Other income (expense), net,” net of tax effect of $0 and $1 (2 )
    Net unrealized gains (losses) on available-for-sale securities (2 ) 5
    Total other comprehensive income (loss) (80 ) 142
    Comprehensive income $ 2 $ 272
    AMAZON.COM, INC.
    Segment Information
    (in millions)
    (unaudited)
    Three Months Ended
    March 31,
    2013 2012
    North America
    Net sales $ 9,391 $ 7,427
    Segment operating expenses (1) 8,934 7,078
    Segment operating income $ 457 $ 349
    International
    Net sales $ 6,679 $ 5,758
    Segment operating expenses (1) 6,695 5,709
    Segment operating income (loss) $ (16 ) $ 49
    Consolidated
    Net sales $ 16,070 $ 13,185
    Segment operating expenses (1) 15,629 12,787
    Segment operating income 441 398
    Stock-based compensation (229 ) (160 )
    Other operating income (expense), net (31 ) (46 )
    Income from operations 181 192
    Total non-operating income (expense) (100 ) (108 )
    Benefit (provision) for income taxes 18 (43 )
    Equity-method investment activity, net of tax (17 ) 89
    Net income $ 82 $ 130
    Segment Highlights:
    Y/Y net sales growth:
    North America 26 % 36 %
    International 16 31
    Consolidated 22 34
    Y/Y segment operating income growth (decline):
    North America 31 % 20 %
    International (133 ) (72 )
    Consolidated 11 (15 )
    Net sales mix:
    North America 58 % 56 %
    International 42 44
    100 % 100 %
    (1) Represents operating expenses, excluding stock-based compensation and “Other operating expense (income), net,” which are not allocated to segments.
    AMAZON.COM, INC.
    Supplemental Net Sales Information
    (in millions)
    (unaudited)
    Three Months Ended
    March 31,
    2013 2012
    North America
    Media $ 2,513 $ 2,197
    Electronics and other general merchandise 6,128 4,772
    Other (1) 750 458
    Total North America $ 9,391 $ 7,427
    International
    Media $ 2,545 $ 2,513
    Electronics and other general merchandise 4,086 3,203
    Other (1) 48 42
    Total International $ 6,679 $ 5,758
    Consolidated
    Media $ 5,058 $ 4,710
    Electronics and other general merchandise 10,214 7,975
    Other (1) 798 500
    Total consolidated $ 16,070 $ 13,185
    Y/Y Net Sales Growth:
    North America:
    Media 14 % 17 %
    Electronics and other general merchandise 28 44
    Other 64 66
    Total North America 26 36
    International:
    Media 1 % 21 %
    Electronics and other general merchandise 28 40
    Other 14 24
    Total International 16 31
    Consolidated:
    Media 7 % 19 %
    Electronics and other general merchandise 28 43
    Other 59 61
    Total consolidated 22 34
    Y/Y Net Sales Growth Excluding Effect of Exchange Rates:
    International:
    Media 7 % 22 %
    Electronics and other general merchandise 32 42
    Other 18 26
    Total International 21 32
    Consolidated:
    Media 10 % 19 %
    Electronics and other general merchandise 30 43
    Other 60 61
    Total consolidated 24 34
    Consolidated Net Sales Mix:
    Media 31 % 36 %
    Electronics and other general merchandise 64 60
    Other 5 4
    100 % 100 %
    (1) Includes sales from non-retail activities, such as AWS in the North America segment, advertising services, and our co-branded credit card agreements in both segments.
    AMAZON.COM, INC.
    Consolidated Balance Sheets
    (in millions, except per share data)
    March 31, December 31,
    2013 2012
    ASSETS (unaudited)
    Current assets:
    Cash and cash equivalents $ 4,481 $ 8,084
    Marketable securities 3,414 3,364
    Inventories 5,395 6,031
    Accounts receivable, net and other 2,516 3,364
    Deferred tax assets 507 453
    Total current assets 16,313 21,296
    Property and equipment, net 7,674 7,060
    Deferred tax assets 123 123
    Goodwill 2,535 2,552
    Other assets 1,732 1,524
    Total assets $ 28,377 $ 32,555
    LIABILITIES AND STOCKHOLDERS’ EQUITY
    Current liabilities:
    Accounts payable $ 8,916 $ 13,318
    Accrued expenses and other 5,416 5,684
    Total current liabilities 14,332 19,002
    Long-term debt 3,040 3,084
    Other long-term liabilities 2,573 2,277
    Commitments and contingencies
    Stockholders’ equity:
    Preferred stock, $0.01 par value:
    Authorized shares — 500
    Issued and outstanding shares — none
    Common stock, $0.01 par value:
    Authorized shares — 5,000
    Issued shares — 479 and 478
    Outstanding shares — 455 and 454 5 5
    Treasury stock, at cost (1,837 ) (1,837 )
    Additional paid-in capital 8,585 8,347
    Accumulated other comprehensive loss (319 ) (239 )
    Retained earnings 1,998 1,916
    Total stockholders’ equity 8,432 8,192
    Total liabilities and stockholders’ equity $ 28,377 $ 32,555
    AMAZON.COM, INC.
    Supplemental Financial Information and Business Metrics
    (in millions, except per share data)
    (unaudited)
    Y/Y %
    Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Change
    Cash Flows and Shares
    Operating cash flow — trailing twelve months (TTM) $ 3,051 $ 3,222 $ 3,368 $ 4,180 $ 4,245 39 %
    Purchases of property and equipment (incl. internal-use software & website development) — TTM $ 1,899 $ 2,123 $ 2,310 $ 3,785 $ 4,068 114 %
    Free cash flow (operating cash flow less purchases of property and equipment) — TTM $ 1,152 $ 1,099 $ 1,058 $ 395 $ 177 (85 %)
    Free cash flow — TTM Y/Y growth (decline) (39 %) (40 %) (31 %) (81 %) (85 %) N/A
    Invested capital (1) $ 10,006 $ 10,250 $ 10,392 $ 11,181 $ 12,019 20 %
    Return on invested capital (2) 12 % 11 % 10 % 4 % 1 % N/A
    Common shares and stock-based awards outstanding 464 468 469 470 471 2 %
    Common shares outstanding 450 452 453 454 455 1 %
    Stock-based awards outstanding 13 16 16 16 16 17 %
    Stock-based awards outstanding — % of common shares outstanding 2.9 % 3.6 % 3.6 % 3.5 % 3.4 % N/A
    Results of Operations
    Worldwide (WW) net sales $ 13,185 $ 12,834 $ 13,806 $ 21,268 $ 16,070 22 %
    WW net sales — Y/Y growth, excluding F/X 34 % 32 % 30 % 23 % 24 % N/A
    WW net sales — TTM $ 51,404 $ 54,325 $ 57,256 $ 61,093 $ 63,978 24 %
    WW net sales — TTM Y/Y growth, excluding F/X 37 % 35 % 33 % 29 % 27 % N/A
    Operating income (loss) $ 192 $ 107 $ (28 ) $ 405 $ 181 (6 %)
    Operating income — Y/Y growth (decline), excluding F/X (38 %) (34 %) (137 %) 59 % 1 % N/A
    Operating margin — % of WW net sales 1.5 % 0.8 % (0.2 %) 1.9 % 1.1 % N/A
    Operating income — TTM $ 732 $ 637 $ 531 $ 676 $ 665 (9 %)
    Operating income — TTM Y/Y growth (decline), excluding F/X (50 %) (50 %) (48 %) (15 %) (6 %) N/A
    Operating margin — TTM % of WW net sales 1.4 % 1.2 % 0.9 % 1.1 % 1.0 % N/A
    Net income (loss) $ 130 $ 7 $ (274 ) $ 97 $ 82 (37 %)
    Net income (loss) per diluted share $ 0.28 $ 0.01 $ (0.60 ) $ 0.21 $ 0.18 (37 %)
    Net income (loss) — TTM $ 561 $ 377 $ 40 $ (39 ) $ (87 ) (116 %)
    Net income (loss) per diluted share — TTM $ 1.22 $ 0.82 $ 0.09 $ (0.09 ) $ (0.19 ) (116 %)
    Segments
    North America Segment:
    Net sales $ 7,427 $ 7,326 $ 7,884 $ 12,175 $ 9,391 26 %
    Net sales — Y/Y growth, excluding F/X 36 % 36 % 33 % 23 % 26 % N/A
    Net sales — TTM $ 28,667 $ 30,587 $ 32,540 $ 34,813 $ 36,777 28 %
    Operating income $ 349 $ 344 $ 291 $ 608 $ 457 31 %
    Operating margin — % of North America net sales 4.7 % 4.7 % 3.7 % 5.0 % 4.9 % N/A
    Operating income — TTM $ 991 $ 1,120 $ 1,268 $ 1,592 $ 1,700 72 %
    Operating income — TTM Y/Y growth, excluding F/X 2 % 14 % 34 % 71 % 72 % N/A
    Operating margin — TTM % of North America net sales 3.5 % 3.7 % 3.9 % 4.6 % 4.6 % N/A
    International Segment:
    Net sales $ 5,758 $ 5,508 $ 5,922 $ 9,093 $ 6,679 16 %
    Net sales — Y/Y growth, excluding F/X 32 % 28 % 27 % 23 % 21 % N/A
    Net sales — TTM $ 22,737 $ 23,738 $ 24,716 $ 26,280 $ 27,201 20 %
    Net sales — TTM % of WW net sales 44 % 44 % 43 % 43 % 43 % N/A
    Operating income (loss) $ 49 $ 16 $ (59 ) $ 70 $ (16 ) (133 %)
    Operating margin — % of International net sales 0.9 % 0.3 % (1.0 %) 0.8 % (0.2 %) N/A
    Operating income — TTM $ 515 $ 359 $ 183 $ 76 $ 11 (98 %)
    Operating income — TTM Y/Y growth (decline), excluding F/X (49 %) (57 %) (68 %) (77 %) (83 %) N/A
    Operating margin — TTM % of International net sales 2.3 % 1.5 % 0.7 % 0.3 % 0.0 % N/A
    Consolidated Segments:
    Operating expenses (3) $ 12,787 $ 12,474 $ 13,574 $ 20,590 $ 15,629 22 %
    Operating expenses — TTM (3) $ 49,899 $ 52,846 $ 55,805 $ 59,425 $ 62,267 25 %
    Operating income $ 398 $ 360 $ 232 $ 678 $ 441 11 %
    Operating margin — % of Consolidated sales 3.0 % 2.8 % 1.7 % 3.2 % 2.7 % N/A
    Operating income — TTM $ 1,505 $ 1,480 $ 1,451 $ 1,668 $ 1,711 14 %
    Operating income — TTM Y/Y growth (decline), excluding F/X (22 %) (21 %) (15 %) 7 % 15 % N/A
    Operating margin — TTM % of Consolidated net sales 2.9 % 2.7 % 2.5 % 2.7 % 2.7 % N/A
    AMAZON.COM, INC.
    Supplemental Financial Information and Business Metrics
    (in millions, except inventory turnover, accounts payable days and employee data)
    (unaudited)
    Y/Y %
    Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Change
    Supplemental
    Supplemental North America Segment Net Sales:
    Media $ 2,197 $ 1,874 $ 2,215 $ 2,903 $ 2,513 14 %
    Media — Y/Y growth, excluding F/X 17 % 18 % 15 % 13 % 14 % N/A
    Media — TTM $ 8,270 $ 8,559 $ 8,847 $ 9,189 $ 9,506 15 %
    Electronics and other general merchandise $ 4,772 $ 4,937 $ 5,061 $ 8,503 $ 6,128 28 %
    Electronics and other general merchandise — Y/Y growth, excluding F/X 44 % 41 % 39 % 24 % 28 % N/A
    Electronics and other general merchandise — TTM $ 18,784 $ 20,226 $ 21,652 $ 23,273 $ 24,629 31 %
    Electronics and other general merchandise — TTM % of North America net sales 66 % 66 % 67 % 67 % 67 % N/A
    Other $ 458 $ 515 $ 608 $ 769 $ 750 64 %
    Other — TTM $ 1,613 $ 1,802 $ 2,041 $ 2,351 $ 2,642 64 %
    Supplemental International Segment Net Sales:
    Media $ 2,513 $ 2,245 $ 2,385 $ 3,611 $ 2,545 1 %
    Media — Y/Y growth, excluding F/X 22 % 12 % 12 % 7 % 7 % N/A
    Media — TTM $ 10,261 $ 10,431 $ 10,590 $ 10,753 $ 10,785 5 %
    Electronics and other general merchandise $ 3,203 $ 3,224 $ 3,497 $ 5,431 $ 4,086 28 %
    Electronics and other general merchandise — Y/Y growth, excluding F/X 42 % 42 % 39 % 37 % 32 % N/A
    Electronics and other general merchandise — TTM $ 12,314 $ 13,139 $ 13,956 $ 15,355 $ 16,238 32 %
    Electronics and other general merchandise — TTM % of International net sales 54 % 55 % 56 % 58 % 60 % N/A
    Other $ 42 $ 39 $ 40 $ 51 $ 48 14 %
    Other — TTM $ 162 $ 168 $ 170 $ 172 $ 178 9 %
    Supplemental Worldwide Net Sales:
    Media $ 4,710 $ 4,119 $ 4,600 $ 6,514 $ 5,058 7 %
    Media — Y/Y growth, excluding F/X 19 % 15 % 14 % 10 % 10 % N/A
    Media — TTM $ 18,531 $ 18,990 $ 19,437 $ 19,942 $ 20,291 9 %
    Electronics and other general merchandise $ 7,975 $ 8,161 $ 8,558 $ 13,934 $ 10,214 28 %
    Electronics and other general merchandise — Y/Y growth, excluding F/X 43 % 42 % 39 % 29 % 30 % N/A
    Electronics and other general merchandise — TTM $ 31,098 $ 33,365 $ 35,608 $ 38,628 $ 40,867 31 %
    Electronics and other general merchandise — TTM % of WW net sales 60 % 61 % 62 % 63 % 64 % N/A
    Other $ 500 $ 554 $ 648 $ 820 $ 798 59 %
    Other — TTM $ 1,775 $ 1,970 $ 2,211 $ 2,523 $ 2,820 59 %
    Balance Sheet
    Cash and marketable securities $ 5,715 $ 4,970 $ 5,248 $ 11,448 $ 7,895 38 %
    Inventory, net — ending $ 4,255 $ 4,380 $ 5,065 $ 6,031 $ 5,395 27 %
    Inventory turnover, average — TTM 10.4 10.1 9.7 9.3 9.5 (8 %)
    Property and equipment, net $ 4,653 $ 5,097 $ 5,662 $ 7,060 $ 7,674 65 %
    Accounts payable — ending $ 6,886 $ 7,072 $ 8,369 $ 13,318 $ 8,916 29 %
    Accounts payable days — ending 62 68 75 76 68 9 %
    Other
    WW shipping revenue $ 461 $ 469 $ 517 $ 832 $ 633 37 %
    WW shipping costs $ 1,129 $ 1,054 $ 1,153 $ 1,798 $ 1,396 24 %
    WW net shipping costs $ 668 $ 585 $ 636 $ 966 $ 763 14 %
    WW net shipping costs — % of WW net sales 5.1 % 4.6 % 4.6 % 4.5 % 4.7 % N/A
    Employees (full-time and part-time; excludes contractors & temporary personnel) 65,600 69,100 81,400 88,400 91,300 39 %
    (1) Average Total Assets minus Current Liabilities (excluding current portion of Long-Term Debt) over five quarter ends.
    (2) TTM Free Cash Flow divided by Invested Capital.
    (3) Represents cost of sales, fulfillment, marketing, technology and content, and general and administrative operating expenses, excluding stock-based compensation.

    Amazon.com, Inc.

    Certain Definitions

    Customer Accounts

    • References to customers mean customer accounts, which are unique e-mail addresses, established either when a customer places an order or when a customer orders from other sellers on our websites. Customer accounts exclude certain customers, including customers associated with certain of our acquisitions, Amazon Payments customers, Amazon Web Services customers, and the customers of select companies with whom we have a technology alliance or marketing and promotional relationship. Customers are considered active when they have placed an order during the preceding twelve-month period.

    Seller Accounts

    • References to sellers means seller accounts, which are established when a seller receives an order from a customer account. Sellers are considered active when they have received an order from a customer during the preceding twelve-month period.

    Registered Developers

    • References to registered developers mean cumulative registered developer accounts, which are established when potential developers enroll with Amazon Web Services and receive a developer access key.

    Units

    • References to units mean physical and digital units sold (net of returns and cancellations) by us and sellers at Amazon domains worldwide – for example www.amazon.comwww.amazon.co.uk… – as well as Amazon-owned items sold through non-Amazon domains. Units sold are paid units and do not include units associated with certain acquisitions, rental businesses, web services or advertising businesses, or Amazon gift certificates.

     

    Source: Amazon.com, Inc.

  • Punky Brewster Backed By Google, Advised By Randi Zuckerberg

    Soleil Moon Frye, commonly known as the girl who played Punky Brewster, has a startup called Moonfrye, and it has attracted $2.5 million in funding from GRP Partners, Greycroft, Daher Capital, and Google’s investment arm, Google Ventures.

    The company is readying a mobile product aimed at inspiring “digital creativity in parents and children with physical products that surprise.” Basically, it will focus on family-oriented crafts and DIY. Frye is serving as Chief Creative Officer. Former IAC exec Kara Nortman is CE.

    Facebook CEO Mark Zuckerberg’s sister Randi Zuckerberg is serving as an advisor, along with Dan Rosensweig, Tim Ferriss, Gina Bianchini, Erik Lammerding and Rick Marini.

    The startup builds on the Moonfrye.com online community launched a few years ago. It already has 1.5 million Twitter followers and 500,000 Facebook likes.

    “As my most important role in life is being a mom, it was clear to me that parents around the world were looking for cost effective activities where their families could come together and create meaningful experiences both online and off,” said Soleil Moon Frye.

    “Our product has a unique, innovative design that is going to be a game-changer for providing parents and children with a shared creative outlet,” said Nortman. “If moms are shutting off passive entertainment in favor of engaging their kids actively on mobile devices then we have made our small dent on society.”

    “There’s a restored interest in craftsmanship and DIY. It’s a refreshing change from the reliance on ready-made goods,” said Kevin Rose, General Partner at Google Ventures. “Combining real world experiences with digital tools creates a lot of interesting possibilities when put in the hands of moms and families, and Soleil and Kara have an inspiring vision to bring that to life.”

    Those interested can sign up for early access to the app.

  • Latest Google Enhanced Campaigns Webinar Focuses On Mobile Strategy

    Since introducing Enhanced Campaigns earlier this year, Google has regularly been conducting webinars to help advertisers get acquainted with the changes, and to help them optimize their campaigns.

    Google has uploaded a new webinar specifically on optimizing mobile strategy:

    This week, Google launched the Enhanced Campaigns upgrade center, which provides a tool to help you transition to the new campaigns ahead of the date (July 22) when all campaigns will be upgraded automatically.

    Google also added social annotations and availability for mobile app advertisers.

  • PetChatz – Minnesota-built webconferencing for pets

    I  love to hear about innovation online. I love when it comes out of Minnesota. Not being a pet owner, I think PetChatz is very funny – but again I love when innovation and economic development happen in Minnesota because of broadband. We should all be thinking of our next innovation!

    Here’s a bit about PetChatz from the St Paul Pioneer Press

    Now a Minnesota company has come up with the ultimate petcam — one that dispenses treats and exudes soothing aromas while letting pets and their masters see and hear each other.

    Called PetChatz, it can be controlled from afar using a phone app or desktop browser. With the tap of a touchscreen or a keyboard, the owner can release a treat from within the device for Fido to enjoy.

    The product is not yet available, but maker Anser Innovation of Minneapolis is aiming to ramp up production soon with the goal of offering the petcam in Minnesota in the fall and around the country in early 2014.

    Anser CEO Lisa Lavin calls the product “a greet-and-treat videophone.”

  • Bing Rebrands Bing Business Portal As Bing Places For Business

    Bing announced the launch of Bing Places For Business today. Essentially this is just a rebranding of Bing Business Portal at a new destination: bing.com/places.

    Bing senior product manager Ginny Sandhu says, “We know time is in short supply when you are busy running your business. That’s why at Bing we are always looking for ways to simplify your experience of getting your business online and managing your business reputation on the web. The launch of Bing Places for business is the first of many steps in our effort to provide you with all the tools you need to easily and quickly find local customers online.”

    “Also as part of our drive to simplify the experience we are retiring a few business promotion and management services that were being previously offered,” says Sandhu. “Starting today we will no longer provide the option of creating deals, coupons, QR codes and mobile sites as well as removing the ability to create and print collateral for your business.”

    Speaking of deals, as Bing Deals no longer exists, Bing also announced the launch of Bing Offers (another deals aggregator).

    For Bing Places For Business, users can continue to use the same login information they used for Bing Business Portal. Data will be migrated to the new experience over the next three or four days.

  • Washington Attorney General slams T-Mobile over deceptive ‘no-contract’ advertising

    T-Mobile No-contract Advertising
    Washington State Attorney General Bob Ferguson on Thursday ordered UNcarrier T-Mobile to correct “deceptive advertising that promised consumers no annual contracts while carrying hidden charges for early termination of phone plans.” T-Mobile, which recently did away with standard cell phone service contracts and typical smartphone subsidies, is accused of misleading consumers by advertising no-contract wireless plans despite requiring that customers sign an agreement that makes them responsible for the full cost of their handsets should they cancel service prematurely.

    Continue reading…

  • Pushing for better tablet apps, Google adds new developer optimization tool

    For the second time in two weeks, Google is showing increasingly serious commitment to Android tablet applications. Last week, the company announced support for tablet app screenshots in the Google Play store. On Thursday, Google introduced a new tablet optimization tips tool in its developer dashboard.

    The new tool allows developers to see how their app “is doing against basic guidelines for tablet app distribution and quality.” That means upon uploading a new or updated version of an Android app, developers will get instant feedback on how well their software is optimized for Android tablets.

    Google tablet optimization tip

    If a developer didn’t target the right screen sizes or Android version for tablets, for example, they’ll get a reminder to do so. After addressing the un-optimized app components, devs can then upload a version better suited for larger-screen Android devices.

    So why the big push? I can think of two reasons: one that’s been around for a while and one that’s fairly recent.

    Android tablets essentially began life as super-sized smartphones, meaning apps weren’t optimally sized for bigger screens. This was a valid early criticism of Android tablets that I witnessed firsthand in 2010 when I bought a 7-inch Galaxy Tab. I often found very large buttons in apps or text that didn’t fit properly in a section of an app.

    Unlike Apple’s approach — which offers apps specific both phones and tablets (save for the universal apps) — Google doesn’t support have tablet-specific apps. Instead, the company created guidelines and coding tools for apps to work properly on both phones and tablets with a single .apk installation file. But developers have to take advantage of these and properly code for different screen sizes. Not all of them do; in fact, I’d say a fair amount actually don’t. Hence, Google is trying to subtly nudge developers to do so with the new optimization tips tool.

    ipad_androidAnother reason came about just this week: According to one analyst report, Android tablet sales may be finally starting to catch up with iPad sales. Strategy Analytics shared its data on Thursday and it shows that Android tablet market share around the world is 43.1 percent, compared to the iPad at 48.2 percent. Note that the Android figures are for shipments, so that figure is surely inflated due to Android tablet inventory sitting on shelves or in warehouses.

    With a rise of shipments, even, Android developers should be considering the mobile app experience on tablets and Google is all too willing to help in that department. It has been trying to do so for the better part of two years — Android 3.0 added many tablet optimized features — but every little bit moving forward helps.

    Related research and analysis from GigaOM Pro:
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  • Bing Takes Another Swing At The Deals Space

    Bing announced Bing Offers today. This is a searchable collection of local deals on the web, aggregated from a “broad” set of partners.

    Sound familiar? That’s probably because they launched Bing Deals two years ago, another deals aggregator. Apparently that didn’t work because these days that just redirects to Bing.

    So now Bing is at it again with Bing Offers.

    “Bing Offers brings together popular deals from across the web in one convenient place, creating a simple way for people to discover and take advantage of great local deals,” a Bing spokesperson tells WebProNews. “Whether looking for a new restaurant to try or a much needed spa treatment, consumers can use Bing Offers to search and filter one of the largest collections of local deals from leading providers. Additionally, Bing Offers is optimized for tablets, mobile and PCs, so people can find great deals no matter what device they use.”

    Bing Offers

    The features as described by Bing:

    • All your favorite deals in one place: You no longer need to browse through different websites, manage multiple sign-ups or sift-through your inbox. Bing Offers aggregates popular deals across the US to help you discover great deals at the right time and place.
    • Quickly find the deals you are looking for:Search for your favorite deals by using any business name, category or keyword. Not looking for a specific deal? Then filter out irrelevant offers by location or category including: food, activities, health & fitness, beauty, travel, retail & services.
    • Available on any device: The Bing Offers experience works seamlessly across tablets, mobile devices, and PCs, so you can use access great deals regardless of where you are.

    Bing Offers is US-only at this point.

  • ‘Next chapter of the Lumia story’ comes May 14

    Well, I didn’t receive an invite, but based on the many reports from people who did, Nokia will host a new Lumia-outing event May 14 in London. Oh my, that’s the day before Google I/O, where rumored new Nexus smartphone(s) arrive (don’t believe everything you read on the Internet).

    Nokia unveiled flagship phone Lumia 920 in September, and May would be pretty good time to announce a followup. Assuming the typical manufacturing and various country certification (think Federal Communications Commission) delays, a new splashy Lumia would get some breathing room post-launches for HTC One and Samsung Galaxy S4, while getting ahead of the next iPhone. During this week’s earnings conference call, Apple CEO Tim Cook said not to expect any new products until autumn.

    What the geeks all wait for is true PureView, Nokia’s exciting camera tech currently available in the now obsolete (because Symbian is) 808. But that’s anyone’s guess. (Note on the photo, don’t expect a car. I grabbed the image for the Nokia name/logo).

    While we all wait for “the next chapter of the Lumia story”, as the invite states, Nokia is Mr. Busybody with more modest handsets.

    Yesterday, the Finnish handset maker unveiled feature phone Asha 210. Today, Nokia announced the Lumia 521 for T-Mobile, which debuts on HSN.com and HSN mobile this weekend for $149.95 (price includes car charger and screen protector). Microsoft and select T-Mobile retailers start selling the smartphone on May 11.

    Features include: 1GHz Qualcomm 82270 dual-core processor; 4-inch screen (800 by 400 resolution); 512MB RAM; 8GB storage, expandable to 64GB with microSD card; 5-megapixel rear-facing camera; 720p video recording (30 frames per second); HSPA+; WiFi N/E; GPS; and Windows Phone 8.

    Photo Credit: Joe Wilcox

  • Poll: Will you pay $250 for a BlackBerry Q10?

    Will you pay $250 for a BlackBerry Q10?
    BGR reviewed the BlackBerry Q10 on Tuesday night, and we said it is a great handset for diehard BlackBerry fans desperate for a QWERTY phone. For everyone else, however, we thought the Z10 was a much more impressive phone for people looking to buy a BlackBerry. BlackBerry shared preliminary launch details for the Q10 a few hours before reviews were published, and it said the phone is expected to begin rolling out in the U.S. toward the end of May — priced at $250. Carriers determine their own prices so nothing is set in stone, but at $250 the Q10 will be more expensive than the Samsung Galaxy S4, Apple’s iPhone 5, the HTC One, Nokia’s Lumia 920 and many other high-end smartphones. A number of pundits have called BlackBerry crazy for pricing the phone so high, but we want to know what you think, BlackBerry fans: is the Q10 worth $250? Vote in our poll below and let us know what you think.

    Continue reading…

  • Apple’s WWDC 2013 tickets sold out – in under 3 minutes

    Apple WWDC 2013 Tickets Sell Out
    Doom and gloom aside, it looks like there are still a few people eager to develop for Apple’s iOS and OS X platforms. Tickets for Apple’s annual Worldwide Developer Conference this year went on sale at 1:00 p.m. EDT and they’re already sold out according to Apple’s website — and it took less than 3 minutes for all of them to go. To put Thursday’s unbelievable sellout into context, WWDC 2011 sold out in just under 12 hours and WWDC 2012 sold out in about 2 hours. Among the highlights expected at this year’s WWDC are an overhauled user interface in Apple’s iOS 7 software and an updated version of OS X. Apple might have a few surprises in store as well, and the show kicks off on June 10th in San Francisco.

  • Tickets for Apple’s WWDC 2013 are now on sale

    WWDC 2013 Tickets
    Apple pays out more than $1 billion to third-party developers who sell apps in its iOS and Mac App Stores each quarter, so the hefty $1,599 it charges for each ticket to its annual Worldwide Developer Conference seems like a good value. The company recently recently announced that WWDC 2013 tickets would go on sale at 1:00 p.m. EDT on Thursday, and Apple has now made them available to purchase online.

    Continue reading…

  • FairSearch Doesn’t Like The Way Google Does Thing Bing Does

    As previously reported, the EU has finally released documents clearly stating its concerns with Google’s competitive practices and listing, for the first time, Google’s actual proposals for settlement.

    Ahead of the release, the FairSearch Coalition (a group of Google competitors – including chief rival Microsoft – hellbent on seeing Google’s business regulated by governments) issued a statement indicating it would likely have more suggestions for how Google could go beyond its proposals to make things better for its competitors. Now, the group has put out another statement.

    Thomas Vinje, counsel and spokesman for FairSearch Europe had this to say:

    “FairSearch applauds the Commission for laying out a clear and compelling case that Google is abusing its dominant position by giving its own products preferential treatment in search results. This is an important conclusion that must lead to meaningful remedies. We have always said that the best remedy for consumers and innovation would be to require Google to apply the same policy to search results for its own products as it does to all others.”

    “However, Google’s proposed commitments appear to fall short of ending the preferential treatment at the heart of the Commission’s case based on formal complaints from 17 companies. Google’s own screen shots in its proposal (see p. 30) shows it seeks approval to continue preferential treatment for its own products. We will study the proposal in detail and offer an empirical analysis based on actual tests.”

    Page 30? Okay, let’s take a look:

    Page 30

    Look at that. Google Shopping results right at the top for a search for “dslr camera”. Perhaps they should be doing it the way FairSearch member Microsoft does it:

    Bing shopping

    Oh, wait a minute.

    It’s almost as if a search engine offering its own shopping results for product queries is the industry standard:

    Yahoo Shopping results

  • Samsung continues on U.S. warpath as Best Buy micro-stores roll out

    Samsung Best Buy Stores
    U.S. consumers are used to seeing Apple micro-stores in their local Best Buys, and soon they’ll be just as accustomed to browsing the shelves of Samsung micro-stores across the room. The South Korea-based electronics giant announced earlier this month that it plans to open 1,400 micro-stores at Best Buy locations across the U.S., and the company just celebrated the grand opening of its first shop at Best Buy’s Union Square store in New York City.

    Continue reading…

  • Need to charge your phone? Ride your bike with a Silva Cycle Atom battery pack

    People riding bikes for exercise, recreation or commuting don’t need to waste their energy any longer. Oh, they can still ride, but now they can recoup some of the power they generate on their ride and use the juice to charge up their mobile devices. A new Kickstarter project for the Silva Cycle Atom is the secret.

    The Atom is made of two parts: a small generator with electronic power regulation and a removable battery pack with a USB port.  Most bicycles with a quick-release rear wheel can use the Atom, which sits between the rear tire and bike frame. A USB cable can be run from the Atom to a charge a mobile device while riding, even as the battery pack recharges. Here’s how it works:

    Taking the Atom’s battery pack with you when leaving your bike is a snap; just remove it when you lock up your bike. I like the fact that the battery pack pulls “double duty”: You can recharge it through a conventional outlet as well. With a 1300 mAh battery capacity, a fully-charged Atom should recharge an iPhone to about 70 percent full. Handsets with larger batteries — say the new Galaxy S 4, for example — would only get about 40 to 50 percent of a recharge with the Atom.

    The project is hoping to raise $85,000 by May 23 and it’s well on its way already: At time of writing, over $55,000 were pledged. The first 300 early-birds already committed a discounted $85 for the Atom, so if you want in now, you’ll have to fork over $95. The project founders expect to sell the Atom for $105, so you can still get a discount now. Delivery estimates for the Atom are November.

    Are there cheaper ways to recharge your devices? Of course there are. But this product is perfect for heavy bike commuters. And when I take weekend rides, I often use my phone to track the ride via GPS so I can get speed, elevation and other data. The apps and radios to make that happen aren’t kind to my phone batteries, so the Atom would be a great companion for those activities too.

    Related research and analysis from GigaOM Pro:
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  • Cisco Launches New MDS Storage Products

    Cisco (CSCO) announced new MDS storage networking solutions for storage area networks, to help customers address rising cloud and big data requirements.

    9710 Multilayer Director

    Cisco says that at 24 terabits per second of total switching capacity, the new Cisco 9710 Multilayer Director delivers more bandwidth than any storage director in the industry. Powering both SAN and LAN networking operations it will support high-density Fibre Channel and Fibre Channel over Ethernet (FCoE). The new model builds on the MDS heritage of nonstop operations, including software upgrades, by providing the highest fault-tolerant capabilities with fully redundant (N+1) fans, switching fabrics, and power-supplies or grid redundancy (N:N). The new MDS 9710 Multilayer Director supports up to 384 line-rate 16 GB Fibre Channel ports or FCoE in a single 14 RU chassis.

    “As the leading IT service provider in Norway, we look to Cisco as a key technology partner to support us in the process of consolidating and upgrading data centers. We require storage networks to support the next generation services and level of availability our customers demand,” said Jo Marius Pedersen, SAN specialist, EVRY.  ”The converged management, predictable high performance, flexibility and reliability of the 16 GB optimized Cisco MDS Multilayer 9710 has through thorough testing shown unprecedented results. The changing technology landscape, with its exponential data growth and increasing pressure to reduce cost and complexity, forces us to constantly balance innovative and known solutions. We can definitely recommend businesses with similar challenges to evaluate the innovative MDS platform.”

    9250i Multiservice Fabric Switch

    The Cisco MDS 9250i Multiservice Fabric Switch delivers storage services, including Cisco I/O accelerator and Data Mobility Manager, which improve SAN efficiency by performing important storage services centrally in the fabric. This architecture reduces the time and resources required to perform common storage management functions and simplifies and accelerates data protection for regulatory compliance. It contains up to 40 line-rate ports of 16 GB FC/FICON, 8 ports of 10 GbE FCoE, and 2 ports of 1/10GbE FCIP/iSCSI, while delivering a rich set of storage services via licensing.

    “Today’s announcement cements Cisco’s technology leadership in the storage director market,” said David Yen, senior vice president, Data Center Group, Cisco. “Cisco continues to deliver the greatest depth and breadth for an end-to-end data center unified fabric. Together with our ecosystem of partners, we are reshaping the data center into an IT linchpin that transforms business continuity and operations for customers, one that is critical to today’s competitive business environments.”

    In the following video Cisco discusses the new MDS solutions, and how storage is changing, with 16 Gigabit Fibre Channel, solid state drives, and block and file-level storage designs.