COMMENT: Telstra is set to become a major media Company after cutting an $11 Billion dollar deal with the Federal Government and the National Broadband Network Company. Key to their growth will be the Australian Competition and Consumer Commission who have the right of veto on several aspects of the deal.
Cisco who have battled in the consumer market for a long time, is now struggling in the enterprise market with the company's shares sliding 30% recently. Speculation is also emerging that the company may rethink their consumer strategy with a view to getting out of some categories to concentrate on network gear for the home.
Computer Manufacturer, Dell, has retained the number two spot in the global PC market for the second quarter in a row in Q3 capitalising on the 'relative strength of the corporate PC market', according to market research firm iSuppli.
According to a quarterly report by DisplaySearch, the portable PC market is expected to grow to 215 million units and push revenue to almost $117 billion. The firm also said that Apple's iPad will lead the slate charge and push the category past 5 million units.
Days after news broke that Hewlett-Packard was dumping their Microsoft Windows-based Slate PC, the company has announced that they have hired former Windows executive, Bill Veghte, to develop software applications.
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.