Shortly after Amazon (AMZN) cut the price of its Kindle e-reader, Interead, maker of the rival Cool-er device, said it has signed on with home-shopping network QVC to help it launch Cool-er in the U.S.

QVC will offer the e-reader, at an undisclosed price, as part of its “Today’s Special Value” program, commonly referred to as “TSV,” in early December.

Read the rest of this post on the original site

Revenue fell, year over year, to $1.9 billion, the company reported, yielding adjusted Ebitda of $412 million. Still, that was ahead of the $1.834 billion and $345 million average estimate of analysts.

Revenue at QVC, which is most of the business, fell 4 percent to $1.7 billion, though that was an improvement from prior quarters, said QVC president and CEO Mike George.

Read the rest of this post on the original site

The short, and obvious, answer to that question is “a hell of a lot.” In a note to clients today, Bernstein Research analyst Toni Sacconaghi argues that Wal-Mart (WMT) can sell between 800,000 and 1.3 million iPhones in 2009, though the retailer’s low price mantra may appear inconsistent with the iPhone’s market positioning. And that would seem to be a reasonable estimate. After all, Wal-Mart has some 2,500 retail outlets in the states, through which 100 million customers stream each week.

“The addition of Wal-Mart will roughly double the iPhone’s distribution in the US to nearly 6,000 outlets,” Sacconaghi writes. “We believe iPhone sales will benefit from the added distribution, though not proportionately; in our view, price (for both the device and service plan) is still the biggest hurdle to mass adoption…. With the iPhone already available at 3,000 Apple, AT&T (T), and Best Buy (BBY) stores, Wal-Mart likely does little to expand the device’s geographic reach. However, we believe Wal-Mart will have a greater impact on the iPhone’s demographic reach in terms of raising awareness and availability among lower-end consumers who are less likely to shop at the Apple Stores or BestBuy.”

One last point worth noting here, Sacconaghi puts little faith in rumors that Wal-Mart will offer a $99 4GB iPhone. “Could there be a cheaper iPhone at Wal-Mart,” he writes. “We think it unlikely, at least initially, but the idea is not completely unfounded. In our view, a $99 price point for the iPhone seems too low, but some modest discount is not implausible.”

The short, and obvious, answer to that question is “a hell of a lot.” In a note to clients today, Bernstein Research analyst Toni Sacconaghi argues that Wal-Mart (WMT) can sell between 800,000 and 1.3 million iPhones in 2009, though the retailer’s low price mantra may appear inconsistent with the iPhone’s market positioning. And that would seem to be a reasonable estimate. After all, Wal-Mart has some 2,500 retail outlets in the states, through which 100 million customers stream each week.

“The addition of Wal-Mart will roughly double the iPhone’s distribution in the US to nearly 6,000 outlets,” Sacconaghi writes. “We believe iPhone sales will benefit from the added distribution, though not proportionately; in our view, price (for both the device and service plan) is still the biggest hurdle to mass adoption…. With the iPhone already available at 3,000 Apple, AT&T (T), and Best Buy (BBY) stores, Wal-Mart likely does little to expand the device’s geographic reach. However, we believe Wal-Mart will have a greater impact on the iPhone’s demographic reach in terms of raising awareness and availability among lower-end consumers who are less likely to shop at the Apple Stores or BestBuy.”

One last point worth noting here, Sacconaghi puts little faith in rumors that Wal-Mart will offer a $99 4GB iPhone. “Could there be a cheaper iPhone at Wal-Mart,” he writes. “We think it unlikely, at least initially, but the idea is not completely unfounded. In our view, a $99 price point for the iPhone seems too low, but some modest discount is not implausible.”

First, Best Buy. Now Wal-Mart. Can Costco be far off?

As BoomTown has noted, one of the best things to come out of this election has been the very funny and very topical humor that has been on "Saturday Night Live" in this political cycle.

Headlined by Tina Fey's perfect impression of Republican VP candidate and Alaska Governor Sarah Palin, the offerings from the comedy television show has been biting without stooping to the rank meanness from so many other places by both sides.

Last night, Republican Presidential candidate John McCain--who has been on SNL before (his "John McCain Sings Barbra Streisand" skit was really a gem from that appearance)--was in two skits on the show and did a great job in both.

The first was a really clever opening sketch in which he and Fey as Palin appeared on the QVC cable shopping network, sheepishly explaining that they could not afford to buy time on the major networks as Democratic candidate Sen. Barack Obama did last week.

Money quote from McCain: "I'm a true maverick, a Republican without money."

Along with a set of "John McCain Pork Knives" and "McCain Fine Gold" (with Cindy McCain as the comely demoer), Fey (as Palin) goes rogue and starts selling "Palin in 2012" T-shirts.

In a second appearance on "Weekend Update," McCain did another nice turn, running through a series of new strategies to win, such as "The Sad Grandpa" and the "The Reverse Maverick."

Here are the videos:

Opening QVC Sketch

Weekend Update