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y Corporation, the loss-making Japanese

tronics & entertainment company, is

ing 1,000 jobs from its mobile phone

sion. Nearly two-thirds of the job cuts will

on its Sony Mobile division in Lund,

den. (bbc)

rything Everywhere (EE) has won the right

aunch the UK's first 4G mobile internet

vice in September, and the company will

the occasion to introduce a third brand to

public. EE, owner of T-Mobile & Orange, is

drop its widely criticised name as a

sumer brand in a marketing makeover this

r. While there will be very few 4G handsets

ablet computers in time for Christmas, EE

be able to market the service using

gles which plug into laptops to give them a

bile signal. (guardian)

Hewlett-Packard has reported a quarterly loss of

5.57bn.The world's largest technology firm by

sales was forced to to write down the value of

some assets, mostly related to its purchase of

Electronic Data Systems, which it bought in 2008.

The firm also had to absorb some sizeablerestructuring costs, as it looks to cut some 27,000

jobs, or 8% of its global workforce, by 2014. (bbc)

Dell's shares slid by more than 4% after the

company announced second-quarter profits down

18% & revenues down 7.5%. Dell is pinning its

hopes in the PC market on its favoured position as a

tablet supplier in the first wave of Windows 8

products to be released this October. More

seriously for Dell, Lenovo is thriving in the

smartphone market, selling 7m units in China a

segment where Dell has tried and repeatedly failed

to competesuccessfully. (guardian)

Retail footfall YTD 2012 v 2011 was down 2.9%

for the week ending 19th Aug 2012 (footfall.com

What is described as the world's biggest ultra

definition (UD) TV has been released by LG.

sports an 84in (213cm) screen & boasts suppofor 4K, a more advanced picture format. LG

screen offers 8mp per frame, four times th

resolution of 1080p HD displays. (bbc)

Sky has announced that its PAYG video-on

demand service Now TV has come to the Xbo

360. The Xbox version of Now TV will includ

720i resolution & access to all 11 Sky Movies liv

channels. The former is perhaps the mos

important addition, with the Xbox version gettin

HD - something that YouView boxes w

definitely not get. (techradar)

ak plans to sell most of its consumer and

ument imaging businesses and shift its

us to commercial printing as it works to

erge from bankruptcy. The once-dominant

tography firm, hopes to complete the sales

mid-2013. (reuters)

Sony has closed one of the UK's oldest video game

studios following a review of its operations. Sony

Liverpool employed about 100 workers. It dated

back to 1984 when it was known as Psygnosis. The

Japanese company bought the developer in 1993.

(bbc)

Facebook shares drop to less than half the

initial stock price as shares go for $18.75, dow

from $38 IPO in May. The slump has knocke

close to $10bn off the value of Zuckerberg

stake in the firm, which is now worth abou

$9.5bn. (guardian)

Mobile

Printers/Cameras/E-readers Gaming & Apps Social Media & Internet

Computing Consumer Electronics

27 Aug201

http://www.footfall.com/

7/31/2019 34 Market Insight Update - 27 Aug 2012

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HMV's new format in Cambridge

For further details or feedback please contact: brendan.martin@uk.cpm-int.com

27 Aug 201

The New Format

HMV has opened a new-look

multichannel store in Cambridge

that provides the direction of travel

for the retailer, according to a

spokesman. The 2 level store,

ground & first floor, is located on

Fitzroy St. Mr Barry, store manager,

said that he hopes the store will

become a community point.

Technology Focus

As well as being a local landmark

building, with a four floor-high

ballustraded atrium, the new

store gives prominence to the

HMV technology offer and has a

caf where shoppers can sit and

enjoy an inexpensive coffee, while

surfing the net wi-fi is due to be

installed imminently.

Source: retailweek