After spending millions of dollars building their brand in Australia Samsung is starting to reap the benefits with the Company outperforming the market in several categories including audio visual, telecommunications and appliances.
Best Buy, the giant US consumer electronics group who are set to open up their web site to Australian consumers, has posted a 4.4 percent drop in profits to $217 million, down from the $227 million figure at the same time last year.
New IPTV services coupled with Nielsen consumer and search intelligence data is set to hurt free-to-air and pay-television networks in Australia, with advertisers set to be offered consumer information that will allow them to deliver targeted marketing on the new NBN network wrapped around IPTV content.
Investors are not happy with Microsoft's future growth prospects as the big IT Company keep losing ground to the likes of Google and Apple. As a result their shares fell 4 percent, hitting a six-week low, despite thge Company delivering a 15 percent growth in revenue, from sales of Office 2010 and the successful launch of the Kinect motion controller for games.
Book store company Borders, is facing an uncertain future as they struggle to compete with the likes of Amazon who are selling hard copy books and eBooks in the millions to consumers around the world including Australia.