One of Apple's most serious challenges in the digital music market is giving up
"After eight years in business, the Walmart Music Downloads Store located at mp3.walmart.com will close on August 28, 2011. All content in the Store will be disabled and no longer available for download from the store."
So begins the certified letter sent to Walmart's (WMT) distribution and licensing partners and posted Tuesday by Digital Music News. The death MOREPhilip Elmer-DeWitt - Aug 10, 2011 7:18 AM ET
By Edward Humes, contributorIn this excerpt from Force of Nature, Edward Humes describes how Wal-Mart changed the way environmentalists looked at the company. Editor's Note: America's biggest company is trying to grow in size but shrink its environmental footprint. Since 2004, Wal-Mart has been tackling the paradoxical task of becoming the prototype for sustainable capitalism. In the new book Force of Nature, Edward Humes chronicles the company's recent green-shift in values. Here, he MORE May 17, 2011 12:22 PM ET
Moves up from 59th place in 2010 based on boffo sales growth and return on investment
In what Barron's describes as "a tip of the hat" to the corporations that generated the most revenue growth and cash returns in recent years, the magazine moved Apple (AAPL) up 55 spots in its 13th annual ranking of America's 500 largest companies that aren't currently in bankruptcy.
"While such operating success might not generate immediate MOREPhilip Elmer-DeWitt - May 7, 2011 12:31 PM ET
A curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.Twitter, the subject of Fortune's cover story this month, is reportedly in advanced talks to buy third-party application TweetDeck for around $50 million. The potential acquisition comes at a time when the social network is trying to go mainstream. (Wall Street Journal) Wal-Mart paid over $300 million to buy MORE JP Mangalindan, Writer - Apr 19, 2011 9:55 AM ET
A guide for shoppers who can't wait for the lines to subside
As you may have heard, Apple's (AAPL) new and improved iPad 2 goes on sale in the U.S. Friday at 5 p.m. local time.
Unlike the first model, which was initially available only through Apple's retail stores and selected Best Buy outlets, buyers this year have choices -- more than 10,000 of them, each with their pros and cons. They MOREPhilip Elmer-DeWitt - Mar 8, 2011 7:35 AM ET
Despite fierce competition, iTunes commanded a 64% share of the (legal) market in 2010
The online movie market may be Apple's (AAPL) to lose, but it hasn't lost it yet.
According to an IHS Screen Digest report issued Monday by iSuppli, the iTunes Store's share of the U.S. market for downloaded movies (see below re streaming) fell nearly 10 points last year, from 74.4% in 2009 to 64.5% in 2010.
But as IHS MOREPhilip Elmer-DeWitt - Feb 7, 2011 3:08 PM ET
A long time coming, the combined efforts of major players and successful startups have irrevocably changed the way consumers shop.
In the tech world, 2010 will be remembered for a few newsworthy events. The iPad launched last spring and took tablets mainstream. In August, sales of Android devices trumped iPhone sales for the first time. And just several weeks ago, the industry eagerly witnessed Google's (GOOG) jaw-dropping (and rejected) bid for Groupon.
Behind MOREJP Mangalindan, Writer - Dec 20, 2010 5:00 AM ET
Major retailers like Wal-Mart and Home Depot are battling the web sites that post their ads early, but they may have to shoulder some of that blame.
By Daniel Roberts, reporter
Next week brings more than one American tradition: Thanksgiving turkey followed by a rush of frenzied bargain-hunters at the malls on Black Friday.
Unfortunately for some retailers, the Internet has added a new layer to the tradition: their ads posted and MORENov 19, 2010 12:41 PM ET
The company finally has enough iPhone 4s in stock -- just in time for the Christmas rush
From the day it launched the iPhone 4 in June, Apple (AAPL) has ramping up production, trying to get supplies to the point where they could meet demand.
The company reached that point of retail equilibrium last week, when shipping delays in its online store, which had been listed at 3 weeks from June through MOREPhilip Elmer-DeWitt - Nov 9, 2010 10:38 AM ET
The high-quality streaming service comes to the cross-platform home theater app.
In another coup for VUDU, the startup Wal-Mart (WMT) acquired back in February for over $100 million, Boxee announced today that the high-quality video-on-demand service will appear on Boxee Box, a dedicated $199 set-top box launching next month, as well as the Boxee app.
"It rounds out our movie offering," says Andrew Kippen, Vice President of Marketing for Boxee. "We have MOREJP Mangalindan, Writer - Oct 28, 2010 10:55 AM ET
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