Struggling memory supplier Lexar Media whose parent Company Micron Technology has been labelled as "Junk" is trying to drum up business in Australia with the appointment of Australian Photo Suppliers to push their Kodak branded memory.
Apple is steaming ahead despite an economic slowdown, with the Company selling 6,892,000 iPhones in the last quarter compared to 1,119,000 in the year-ago-quarter. They have also posted one of their best quarters ever with revenue of $7.9 billion, and net quarterly profit of $1.14 billion, or $1.26 per diluted share. These results compare to revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share, in the year-ago quarter. Gross margin was 34.7 percent, up from 33.6 percent in the year-ago quarter. International sales accounted for 41 percent of the quarter's revenue.
Panasonic who in Australia have both Sony and Samsung worried because of their strong performance and high marketing spend are set to chase consumers who frequent social network sites with Company CEO Steve Rust claiming that the Company is learning how to "Twitter".
A Federal Court Judge has rejected an application by the Australian Competition and Consumer Commission to fine Telstra $40M for breaches of the Trades Practises Act. Instead he has fined them a record $18M.
Having already lost a patent ruling relating to the use of custom XML in Microsoft Word Microsoft has petitioned the U.S. Supreme Court to overturn a $290 million payment demand in a long running fight with Canadian Company i4i Inc.