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US video game sales fall 34 percent in January

(AP) -- U.S. retail sales of video game hardware, software and accessories fell 34 percent in January from a year earlier to $751 million due to the lack of new game titles, according to market researcher NPD Group.

Technology / Business

created Feb 10, 2012 | popularity not rated yet | comments 4

Lenovo 3Q profit up by half, warns of disk supply

(AP) -- Lenovo Group Ltd., the world's second biggest personal computer maker, said Thursday that quarterly profit grew by more than half but warned hard drive costs would remain high amid a global shortage.

Technology / Business

created Feb 09, 2012 | popularity not rated yet | comments 0

Amazon planning first real-world shop: report

Online retail titan Amazon will open its first real-world shop in just a few months, according to a blog devoted to news about electronic readers such as the popular Kindle.

Technology / Business

created Feb 07, 2012 | popularity not rated yet | comments 0

KU researcher develops predictive model for TV ad sales

It’s a common risk-versus-reward question in business: How much inventory should you pre-sell at a conservative price, and how much should you retain and try to sell later at a higher price?

Other Sciences / Economics & Business

created Feb 07, 2012 | popularity not rated yet | comments 0

S. Korea's Hynix swings to red in Q4 on poor demand

South Korea's Hynix Semiconductor, the world's second-largest maker of memory chips, said Thursday it swung into the red in the fourth quarter as chip prices fell on weak demand for personal computers.

Technology / Business

created Feb 02, 2012 | popularity not rated yet | comments 0

Amazon 4Q results, outlook sends stock lower

Shoppers spent more money online this holiday season than ever before, and yet, Amazon -the world's largest Internet retailer- failed to meet Wall Street's sales expectations with its latest financial results.

Technology / Business

created Jan 31, 2012 | popularity not rated yet | comments 0

Japan's Fujitsu hit by third-quarter loss

Japanese high-tech giant Fujitsu plunged into a net loss for the three months to December, it said Tuesday, as it slashed its full-year sales and profit forecast.

Technology / Business

created Jan 31, 2012 | popularity not rated yet | comments 0

Japan's Fujifilm seeks tie-up with Olympus

Japanese film and camera maker Fujifilm has offered scandal-hit Olympus a capital and business tie-up, it said Monday as it announced a slump in third-quarter profits.

Technology / Business

created Jan 30, 2012 | popularity not rated yet | comments 0

Nintendo posts loss on strong yen, weak sales

(AP) -- Nintendo Co. sank to losses for the April-December period, battered by a price cut for its 3DS handheld, a strong yen that erodes overseas earnings and competition from mobile devices such as the ...

Technology / Business

created Jan 26, 2012 | popularity not rated yet | comments 0

Smokeless tobacco sold illegally online, UK researchers find

Researchers from the University of Bath Tobacco Control Research Group have found that the tobacco product snus can still be purchased on the internet in the EU despite sales being illegal.

Medicine & Health / Health

created Jan 25, 2012 | popularity 3 / 5 (1) | comments 2

Apple doubles iPhone sales in 1Q (Update)

The iPhone is taking over Apple. For the first time, the device that changed how people use mobile phones, accounts for more than half of the behemoth company's sales.

Technology / Business

created Jan 24, 2012 | popularity 1.8 / 5 (5) | comments 1

Dutch hi-tech company ASML profits rise

ASML, key global supplier of computer chip-making systems and high-tech bellwether, Wednesday posted record sales for 2011 alongside a fourth-quarter slump of nearly 30 percent in net income.

Technology / Business

created Jan 18, 2012 | popularity not rated yet | comments 0

US video game sales drop 21 percent in December

(AP) -- U.S. retail sales of video game hardware, software and accessories fell 21 percent in December from a year ago to $3.99 billion as players bought fewer games for their aging consoles, according to market researcher ...

Technology / Business

created Jan 13, 2012 | popularity 5 / 5 (3) | comments 0

Home video spending in US falls 2 percent in 2011

(AP) -- Home video spending in the U.S. fell 2 percent to about $18 billion in 2011. A surge in the popularity of movie streaming services like Netflix Inc. and gains in Blu-ray disc sales helped offset some of the drop ...

Technology / Business

created Jan 10, 2012 | popularity not rated yet | comments 0

GameStop holiday sales nearly flat at $3.02B

(AP) -- Video game retailer GameStop Corp. on Monday reported nearly flat sales for the nine-week holiday period that ended on Dec. 31, as game software sales rose but sales of game consoles and other hardware slid.

Technology / Business

created Jan 09, 2012 | popularity not rated yet | comments 0

Sales

A sale is the pinnacle activity involved in selling products or services in return for money or other compensation. It is an act of completion of a commercial activity.

A sale is completed by the seller, the owner of the goods. It starts with consent (or agreement) to an acquisition or appropriation or request followed by the passing of title (property or ownership) in the item and the application and due settlement of a price, the obligation for which arises due to the seller's requirement to pass ownership, being a price the seller is happy to part with ownership of or any claim upon the item. The purchaser, though a party to the sale, does not execute the sale, only the seller does that. To be precise the sale completes prior to the payment and gives rise to the obligation of payment. If the seller completes the first two above stages (consent and passing ownership) of the sale prior to settlement of the price the sale is still valid and gives rise to an obligation to pay.

For more information about Sales, read the full article at Wikipedia.
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