Underpromise, Overachieve

“Formula for success: Underpromise and overachieve.” — Tom Peters, author

Add comment June 5th, 2007

Will the iPhone Cannibalize iPod Sales?

As the engine of iPhone hype gears up for its final power thrust, discussions about the new device range from how many units it will sell to how developers can cash in with widgets to how its iPod-like features might cannibalize iPod sales.Apple reported sales of 10.5 million iPods last month, and, according to most estimates, owned over 75 percent of the media-player market as of the first quarter of 2007. For all the talk of a Google online advertising monopoly, Apple has all but cornered the market on digital-media players.

If Apple reaches its stated goal of the iPhone winning 1 percent of the market by the end of 2008, its launch on June 29 might end up being the most successful in history. Or it could be a flop that cannibalizes the iPod in the process.

Click here to read the rest of this story on NewsFactor.

Add comment June 5th, 2007

Avaya Goes Private in $8.2 Billion Deal

Call it a done deal. On Monday, Avaya agreed to be acquired by private-equity firms TPG Capital and Silver Lake for about $8.2 billion. The merger is the latest deal in a consolidating telecom industry.Avaya earns about $5 billion a year in revenue as sales leader for Web-based telephone equipment, but the company has been struggling to make a transition from legacy products, analysts have noted.

When the deal is complete, Avaya shareholders will receive $17.50 in cash per common share. That figure represents a premium of approximately 28 percent over Avaya’s closing share price of $13.67 on May 25, and a premium of approximately 33 percent over Avaya’s average closing share price of $13.17 during the 30 trading days ending May 25.

Click here to read the rest of this story on CIOToday.

Add comment June 5th, 2007