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Google tops Web audience rankings

Nielsen Online has reported May 2008 data for the Top Sites by Parent Company and Top Brands. Google tops the list with 127 million unique visitors. Microsoft is close behind with 123 million, while Yahoo! comes in third at 115 million. Time Warner pulled 107 million visitors, News Corp. Online 79 million, eBay 66 million and InterActiveCorp 64 million. Wikimedia Foundation, Amazon and New York Times round out the list with between 50 and 60 million unique visitors. The data indicate that, for example, that 51.1 million home and work Internet users visited at least one of the New York Times Company-owned sites or launched a New York Times Company-owned application during the month, and each person spent, on average, a total of 17 minutes and 27 seconds at one or more of their sites or applications.

Novell's Linux business Posting Big Numbers

Novell, Inc. today announced financial results for its second fiscal quarter ended April 30, 2008. For the quarter, Novell reported net revenue of $236 million. This compares to net revenue of $232 million for the second fiscal quarter 2007. Income from operations for the second fiscal quarter 2008 was $2 million, compared to a loss from operations of $12 million for the second fiscal quarter 2007. Income from continuing operations in the second fiscal quarter 2008 was $6 million, or $0.02 per share. This compares to a loss from continuing operations of $1 million, or $0.00 loss per share, for the second fiscal quarter 2007. Foreign currency exchange rates favorably impacted revenue by $8 million, unfavorably impacted operating expenses by $9 million and negatively impacted income from operations by $1 million yearover- year.

Napster whistles a happier financial tune in fiscal 2008

Napster, No. 113 in the Internet Retailer Top 500 Guide, generated a net loss of $16.5 million on revenue of $127.5 million, compared with a net loss of $36.8 million on revenue of $111 million in fiscal 2007. In the fourth quarter, the company had a net loss of $4.3 million on revenue of $30.7 million vs. a net loss of $8.5 million on sales of $29.1 million in Q4 of 2007.

May Sales Down 1% For Tandy Leather Factory

June 5, 2008 (FinancialWire) Tandy Leather Factory, Inc. (AMEX: TLF) (Current Market Cap: US$ 34.36 Mil.) said that its sales for the month of May were $4.5 million, down 1% from May 2007 sales of $4.6 million. The company s year-to-date sales are down 4% to $22.6 million in the current year from $23.5 million last year. The company s Retail Leathercraft segment posted an 8% sales increase for May, with sales totaling $2.0 million compared to $1.9 million in May 2007. The 67 comparable stores posted a 3% same store sales gain for the month. Five stores that opened in or after May 2007 added sales for the month of $86,000. Year-to-date sales for Retail Leathercraft are $10.4 million this year, up 3% over last year's sales of $10.1 million. As of the end of May, same store sales were down 3% for the year.

Books-A-Million web sales rise 3% for the first quarter

Books-A-Million Inc. reported web revenue increased 3% to $6.3 million in the first quarter ended May 3, 2008, from $6.1 million in the same quarter in 2007. Comparable store sales decreased $3.6 million, or 3.4% in the same period to $102 million, vs. the first quarter of 2007.

Mad Catz Scratches Together $3.2 Million in Annual P

Video game accessories manufacturer Mad Catz today revealed its fourth quarter and full-year earnings for the period ended March 31. Sales in the fourth quarter were up over 13 percent to $21.9 million while net loss amounted to $0.8 million. For the entire year, however, net sales were $87.6 million (down over 12 percent) and Mad Catz posted a net income of $3.2 million, down slightly from the previous year's $3.7 million.

Q1 e-commerce revenue for Playboy Enterprises was down 3%

Playboy Enterprises Inc. reported first quarter web sales of $15.2 million, down 3% from $15.7 million in Q1 2007. The company recorded a net loss for the first quarter ended March 31, 2008, of $3.1 million vs. $1.5 million in income the prior year. Overall revenue was $78.5 million in Q1 2008 compared with $85.4 million in the previous year`s quarter.

Earnings: BBC.com Ads Help BBCWW Soar; Big YouTube And iTunes Income

Digital revenue at the BBC’s overseas, profit-making BBC Worldwide division ballooned from £13.9 million ($27.4 million) to £21.9 million ($43.2 million) in the year to March 31, thanks to ads on the new BBC.com and to sales from the likes of iTunes and YouTube. The controversial BBC.com made £1.5 million ($2.96 million) from ads and sponsorships since its November launch. The site only runs ads outside the UK and plans to increase inventory, while �an international commercial iPlayer functionality is being explored�, too.

First quarter web sales drop by 7% at Brown Shoe

In Q1 web sales for Brown Shoe decreased by 6.8% to about $16.4 million from $17.6 million in the first quarter of 2007. Retail sales also declined for Famous Footwear and Brown Shoe’s specialty retail unit, which includes Naturalizer stores and e-commerce. In the first quarter sales for Famous Footwear declined by 1.9% to $318.8 million from $325.3 million in the prior year. Operating earnings decreased by 63.8% to $7.6 million from $21 million in the prior year.

AMD to take $758 million charge for Q2

Today AMD announced it will take $948 million in charges for Q2, the news has sent AMD's stock below $5. The bulk of the charges ($880 million) came from the continuing decline in goodwill value of their ATI acquisition, more specifically ATI's DTV/handheld unit. If you recall last year AMD took a $1.6 billion dollar hit because of this. An additional $32 million charge is going towards severance packages for employees who were laid off earlier this year, while the final $36 million is associated with a decline in value of securities as well as AMD's Spansion stock.

Vnus Boosts 2008 Royalty Guidances, Receives $9.9 Million in Patent Settlement - Up 12%

Boston, Jun 03, 2008 (MidnightTrader via COMTEX News Network) -- Vnus Medical Technologies (VNUS) has boosted its royalty revenues guidance for 2008 to $12.5 million to $12.9 million, up from the previously announced $11.3 million to $11.7 million.

Apple Sells 1 Million iPhones; 10 Million Apps Downloaded

Over the weekend, Apple sold one million 3G iPhones across the 21 countries in which it is available. The Apps Store also saw 10 million apps downloaded in the same time period.

Apple Sells One Million iPhone 3Gs, 10 Million App Downloads

Apple today announced it has sold over one million iPhone 3Gs and users have downloaded more than 10 million applications, just three days after its launch.

Museum of Nature & Science Tops $100 Million Mark With $50 Million Gift From Perot Children in Honor

Museum of Nature & Science Tops $100 Million Mark With $50 Million Gift From Perot Children in Honor of Margot and H. Ross Perot

Museum of Nature & Science Tops $100 Million Mark With $50 Million Gift From Perot Children in Honor of Margot and H. Ross Perot

Museum of Nature & Science Tops $100 Million Mark With $50 Million Gift From Perot Children in Honor of Margot and H. Ross Perot

Analyst: 14 million iPhones sold in 2008, 24 million in 2009

Since the WWDC announcement regarding the iPhone 3G's new price and wider availability, various Apple analysts have been weighing in with predictions of just how well the device will sell in the coming months. In general, the analysts believe that iPhone sales are about to take off, and now RBC Capital Markets analyst Mike Abramsky has given us his set of sales and revenue estimates. iPodNN has the details of Abramsky's most recent research note, which suggests that Apple will sell more than 10 million iPhones this year, and more than 20 million in 2009.

Museum of Nature & Science Tops $100 Million Mark With $50 Million Gift From Perot Children in Honor of Margot and H. Ross Perot

Museum of Nature & Science Tops $100 Million Mark With $50 Million Gift From Perot Children in Honor of Margot and H. Ross Perot

A court in France ordered eBay Inc to pay $61 million (38.6 million euros) to luxury goods group LVMH for allowing the sale of counterfeit goods on its online auction site.

PARIS - A French court ordered eBay Inc to pay $61 million (38.6 million euros) to luxury goods group LVMH for allowing the sale of fake merchandise, in a ruling immediately appealed by the online auction Web site.

Piracy cost Peruvian computer-software companies US$75 million (euro48 million) in 2007

A computer software trade group says that piracy in Peru cost software companies US$75 million (euro48 million) in 2007.

Piracy cost Peruvian computer-software companies US$75 million (euro48 million) in 2007? ? 3 hrs ago

LIMA, Peru - A computer software trade group says that piracy in Peru cost software companies US$75 million (euro48 million) in 2007.

Museum of Nature & Science Tops $100 Million Mark With $50 Million Gift From Perot Children in Honor of Margot and H. Ross Perot

DALLAS, May 30 /PRNewswire/ -- Calling it "an extraordinary tribute and a momentous gift that makes the dream of a new museum at Dallas' Victory Park a reality," Museum of Nature & Science officials today announced that fundraising efforts have topped the $100 million mark with a $50 million gift made by the Perot children in honor of their parents, Margot and H. Ross Perot.

E-commerce sales decline for The Knot

In Q1, the company generated online sales of wedding supplies and related items of about $4.59 million, a drop of 0.9% from web sales of $4.63 million in the prior year. At the same time the company, No.332 in the Internet Retailer Top 500 Guide, reported net income of $579,000 on total revenue of $23.8 million vs. net income of $1.6 million on sales of $21 million in the prior year.

London auctions prove that art is now for the super-rich

ARTICLE (June 29 2008): If proof were needed that the international art market has become a playground for the super-rich, it was delivered by record-breaking auctions in London this week. Just over 40 million pounds (80 million dollars) for a Monet water lily painting, a record-smashing 15 million pounds for Italian futurist Gino Severini, four million for a Henry Moore sculpture and 5.5 million for a work by fashionable Russian modernist Natalia.

Napster Q4 net loss narrows; Revenues Grow - update

(RTTNews) - Online music retailer Napster, Inc. (NAPS) on Wednesday reported a narrower loss for the fourth quarter, helped by an increase in revenue and subscribers and lower expenses. The company also provided revenue outlook for the first quarter that is below current Street estimates. The company posted a net loss of $4.3 million or $0.10 per share, compared to a net loss of $8.5 million or $0.20 per share in the prior year quarter. On average, ten analysts polled by First Call/Thomson Financial expected a loss of $0.13 per share for the fourth quarter. Net revenue for the fourth quarter increased 6% to $30.8 million from $29.1 million in the same quarter last year. Ten analysts had a consensus revenue estimate of $30.70 million for the fourth quarter.

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