E-Commerce Minute: Wednesday -- February 1, 2017
The E-Commerce Times -- E-Business Means Businesshttp://www.ecommercetimes.com
Part of the ECT News Network
Headline Scan
Apple Goes on Record-Breaking Spree
Silicon Valley Up in Arms Over Proposed H-1B Overhaul
Tech Industry Gets Political
Can the TV Industry Sustain Falling Prices?
Today's Story Highlights
Apple Goes on Record-Breaking Spree
Apple stunned Wall Street with Q1 earnings that set new quarterly unit
and revenue records in key product segments, and its highest-ever
earnings per share. CEO Tim Cook said the company set all-time revenue
and unit records for its iPhone and Apple Watch brands, all-time revenue
records for its Mac and Services businesses, and all-time revenue
records for four of its five geographic sectors.
http://www.ecommercetimes.com/story/84272.html
Silicon Valley Up in Arms Over Proposed H-1B Overhaul
Silicon Valley is in an uproar over a proposed new executive order that
would overhaul existing foreign worker visa policies. The Trump
administration's goal apparently is to prioritize the hiring of American
workers and change the way U.S. companies can recruit skilled
professionals from other countries. Policy should "prioritize the
protection of American workers," the draft reportedly states.
http://www.ecommercetimes.com/story/84268.html
Tech Industry Gets Political
In the last decade or so, the tech industry has become increasingly
political, which is different from being politicized. If I had to guess,
I'd say that for the most part everyone is on the same page. However,
many of the largest technology concerns have come to the realization
that to protect their outlook, they need representation in Washington in
the form of lobbyists.
http://www.ecommercetimes.com/story/84270.html
Can the TV Industry Sustain Falling Prices?
Every year in advance of the Super Bowl, there are big sales on TVs, and
this year is no exception. It also could be a milestone, as TVs could be
bottoming out. TV prices are near a record low, yet sales continue to
slip. In the long run, that won't be good for the industry or consumers.
There was an "abrupt weakening of global demand for TV sets," IHS Markit
concluded last year.
http://www.ecommercetimes.com/story/84266.html
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