Since Apple opened up the App Store to developers two years ago, investors have sunk more than $100 million into 17 companies., according to figures reported by “the ChubbyBrain database,” which keeps a running tally of venture capital investments in the U.S.
$1,875 in ad purchasing per day is the magic number in order to break into the top 100 list for the Apple App Store, according to Mobile Advertiser AdWhirl.
Analysts predict that Motorola's new lineup of smart phones equipped with the Google Android operating system will be targeting the lower-end of the Smartphone, rather than taking Apple's iPhone, Palm's Pre, and Research In Motion head on.
Like everyone else I know, I had been following yesterday the hour by hour news about the latest application approved for the App Store. What makes this application so intriguing is that it's porn! The application, "Hottest Girls," features topless ladies that now seems acceptable under the latest app store parental ratings control.
Earlier this afternoon, Jon Rubinstein, Palm's new CEO, spoke at the Palm’s fourth quarter conference call, and made a strong statement: Palm remains on track to meet Pre supply to working with application developers. However, Rubinstein did not address any questions regarding many Pres the company had sold to date.
Big news in the mobile advertising sector as we are starting to see more and more iphone and (of course) Android applications serving Google Adsense ads. Google has been quietly testing its first mobile app ads with some of the more well known developers, including Backgrounds, Sega, Shazam, and Urbanspoon are the only four at the moment.
Though the numbers are unclear (and it would really help to put things in perspective), Sprint said today that it is having a hard time keeping the Palm Pre in stock and continues to have shortages. Sprint has even gone as far as to say that it claims not to have felt any impact from the new iPhone.
The Samsung Highlight has leaked on TmoNews dropping for T-mobile in the upcoming weeks. Although it is not the anticipated Android device that is supposedly releasing in June, it is still a decent device with touch screen capabilities.
Sprint dropped more than six percent today after a research analyst at Wachovia Securities commented that the new Palm Pre may not incentive enough to lure customers away from rival carriers.
Sprint shares closed at $5.11, down 33 cents. Shares in Palm closed at $13.67, down 68 cents or 4.74 percent.
Samsung must have read my post about Yankee's report late last week about smart phone sales increasing forty one percent, becoming the largest device segment in the device sector. This morning, Samsung announced its new touchscreen phone, the Jet, which has a 3.1-inch AMOLED touchscreen and runs Samsung's new TouchWiz 2.0 UI. The device is part of the company's effort to increase its touchscreen device offerings.
