Frank Magid Associates | Publications: Magid I-FACTS™

The Magid I-FACTS™ is a daily newsletter containing news about interactive industries, such as the Internet, games, wireless, and interactive TV.

Microsoft Profit Rises, But Web Business Remains Weak - Microsoft reported Thursday that its fiscal fourth-quarter profit jumped by 13% (factoring in a charge related to Xbox 360 repairs from a year ago) as its revenue surpassed $15 billion in the period ending June 30.

Although the company asserted that the numbers were very good, some analysts found the results disappointing. ::: More

Amazon Launches Video On Demand - Some Amazon.com customers now have the ability to watch any of 40,000 movies and TV shows on demand. The Amazon Video on Demand service doesn’t require a lengthy wait for videos to download to a user’s hard drive. ::: More

7/11/2008 -

Apple’s iPhone 3G Hits Stores - The new Apple iPhone 3G went on sale this morning, with customers lining up around the globe to get their hands on the faster, next-generation device.
Guardian

Customers in the queue outside the Apple Store in New York City talked enthusiastically about the iPhone, calling it a “superior user experience,” and expressing no hesitation to pay extra to upgrade from the original iPhone. ::: More

7/10/2008 -

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