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...offset the pullback in demand, shoppers stampeded online to see the full selection at competitive prices, says Keith Jelinek, a director at AlixPartners. "It was definitely a competitive advantage for Amazon," he says. The Seattle-based retailer posted a 40% earnings increase in full-year 2009, with the biggest gain coming in the fourth quarter, where net income shot up 71% - far above Wall Street's expectations...
...Amazon's foray into the digital-book business with its groundbreaking Kindle reader that's been making the biggest headlines lately, as sales far exceeded analysts' expectations. Its decision to allow customers to download best-selling books from its e-bookstore to the Kindle for only $9.99 a pop played a big role in stimulating demand. "When we have both [hardcover and e-book] editions, we sell six Kindle books for every 10 physical books," said Jeff Bezos, founder and chief executive of Amazon, in a statement...
...gate advantage over rival e-readers from Sony and Barnes & Noble. But industry experts believe the recent launch of Apple's highly anticipated iPad tablet, a device that offers Web-browsing, e-mail and other laptop functions in addition to an e-reader, could be the Kindle's biggest threat yet. Apple has already signed up five publishers to sell e-books for its iPad. "There's clearly competitive risk," says Mark Mahaney, a managing director at Citigroup. (See the best travel gadgets...
...playoffs in 2006, did Troy Polamalu intercept Peyton Manning? Even with instant replays, the referees still got it wrong, as official Peter Morelli later admitted, though the ruling ultimately decided the outcome of that game. Also, many Seahawks fans can attest to there being inconsistent officiating even in the biggest of games, as Superbowl XL demonstrates. Granted, a full-time referee will also make bad calls from time to time, but it is in the best interest of the game to make those occurrences as infrequent as possible...
...latest revelation from his private life may not prove as easy to dismiss, however. As newspapers and opposition politicians in South Africa were quick to point out, there is nothing responsible about having unprotected sex or an extramarital affair in a country with the world's biggest HIV/AIDS population, currently numbering more than 4 million. Zuma's behavior has "set us back at least a decade in the fight against HIV/AIDS," said a stern-faced Helen Zille, leader of the opposition Democratic Alliance Party. In an editorial, the Business Day newspaper worried that Zuma's casual attitude to marriage...