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Music Industry Records First Revenue Increase Since 1999

Music CDs

The music industry, the first media business to be consumed by the digital revolution, said Tuesday that its global sales had risen last year for the first time since 1999, raising hopes that a long-sought recovery might have finally begun.

 

Wal-Mart eases investors fears, U.S. shoppers feel pain

Walmart

Wal-Mart Stores Inc 18 percent dividend increase and comments that U.S. sales patterns were more normal late last week after a slow start to the year helped boost shares of the world's largest retailer 2.6 percent on Thursday.

 

Lego sales soar on demand for new girls' series

Danish toy maker Lego says sales soared 25 percent last year thanks partly to the new Lego Friends series of building blocks designed for girls.

 

Android rules 2012 smartphone sales

Samsung Electronics

Android continues to dominate the battle to be the top smartphone system in the world, thanks in part to Samsung, which reigned as the top phone manufacturer for 2012.

 

Retailers' sales beat forecasts, but worries remain

Retail

Many top retailers reported strong January sales on Thursday after offering merchandise and deals that drew in shoppers in spite of higher payroll taxes.

 

EBay's fourth-quarter revenue rose 18 percent

EBay

EBay Inc reported holiday quarter results that just beat Wall Street expectations, but the e-commerce company also gave a cautious forecast for 2013. EBay shares climbed 1.7 percent to $53.80 in after-hours trading following the announcement. Expectations were high ahead of the results because sales data from outside sources suggested strong sales growth from eBay's online marketplace and a solid increase in transactions processed by the company's PayPal payments business.

 

Nook Loses Ground in Tablet War

Nook HD

Revenue at Barnes & Noble stores fell 10.9% during the holidays, as sales of Nook devices slipped, a sign that the retailer is falling behind in the tablet battle with Amazon, Apple and Google.

 

2013 auto sales will be strong, firm predicts

Auto Sales

An auto industry research firm says an improving economy and a host of new models should push U.S. auto sales above 15 million this year.

 

Black Friday sales online top $1 billion for 1st time: comScore

Black Friday

Black Friday retail sales online this year topped $1 billion for the first time ever as more consumers used the Internet do their early holiday shopping, comScore Inc said on Sunday.

 

Nintendo Wii U Consoles Sold Out, Already Selling For Over $500 On Ebay

Wii U

One reason some people waited in long lines to be the first to get the new Nintendo Wii U console has nothing to do with the games. With Wii U devices all but guaranteed to be sold out at retailers around the world this Christmas, some buyers immediately put their new consoles on Ebay. Wii Us are already selling for over $500 on the site. There were well over 2,500 consoles listed on the world’s largest auction site just hours after it went on sale on November 18 at the Nintendo World store in New York City and around the globe.

 

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