But their interpretation of box-office figures is somewhat flawed. Also, the stories fail to take into account event movies like Disney’s upcoming “Tron Legacy,” set for release in December.
The following is a roundup of my stories last week from Investor’s Business Daily at Investors.com and Click, IBD’s Tech Blog.
Money grows on Ancestry.com’s family trees. (July 30, 2010)
iRobot terminates Wall Street’s estimates with better-than-expected Q2 results. (July 29, 2010)
Microsoft pledges “all in” commitment to cloud computing. Says it’s taking business from IBM, Google and Novell. (July 29, 2010)
Four-week delay for renting new-release movies from Fox and Universal hurts Redbox’s Q2 sales. (July 29, 2010)
LogMeIn logs better-than-expected Q2 results, but loses Intel partnership. (July 29, 2010)
Reports of the death of 3-D movies are premature. Wait until Disney’s “Tron Legacy” comes out this December. (July 28, 2010)
Prevalence of iPhone jail-breaking likely overstated. (July 27, 2010)