E-Commerce Blog

Research In Motion has lowered its Q3 forecast in response to the weakening U.S. economy. The company, which produces the iconic BlackBerry handsets, now expects adjusted earnings per share to fall between 81 cents and 83 cents for the quarter. Its initial forecast called for earnings per share to range from 89 cents to 97 cents. Third-quarter revenue is now expected to register between $2.75 billion and $2.78 billion, down from earlier forecasts of $2.95 billion to $3.10 billion.
RIM also signed up fewer new customers than expected, based on its predictions earlier this year.

More:
Storm Fails to Shelter RIM From Economic Gloom

Cable company and customer satisfaction: The two terms are often considered antithetical. Through the years, these corporations have earned a reputation of being slow to respond to customer inquiries, inflexible and callous. Now as new competitors tread on their cash cow video services, will these providers change their ways, or will their rigidity cause them to lose business? The notion of cable companies as poor service providers has been borne out in many surveys and studies on customer satisfaction.

Continued here:
Cable’s Customer Satisfaction Tangle

Facebook said it will expand Facebook Connect, its universal log-in service, to integrate functionalities with more third-party Web sites. Originally announced at the social network’s f8 conference in July, Facebook Connect is part of the next iteration of Facebook Platform and allows users to bring their Facebook account information, friends and privacy to other third-party sites, desktop applications and devices, according to Dave Morin, Facebook senior platform manager.

Here is the original:
Facebook Aims to be Web’s Universal ID

Sprint Nextel and Clearwire have joined forces to build a nationwide high-speed wireless Internet network using worldwide interoperability for microwave access, or WiMax, technology. The $14.5 billion merger closed Monday with $3.2 billion in equity funding from a variety of heavy hitters in the technology and telecommunications industries: Comcast, Intel, Time Warner Cable, Bright House Networks, Google and Trilogy Equity Partners.

Original post:
All Systems Go for Nationwide WiMax With Sprint, Clearwire Merger

Cyber Monday is the biggest online shopping day of the year, but online retail experts say it may not be big enough this year to increase overall holiday sales compared to 2007. The November-December holiday shopping season will generate $29.2 billion in sales this year, the exact same figure as in 2007, according to comScore. In October, Forrester Research predicted year-over-year holiday Web sales would grow by as much as 12 percent. However, that figure could move down to 7 percent or 8 percent once all the data is in, the firm acknowledged Monday.

Read more here:
Despite Hot Deals, Cyber Monday Sales Tepid