MediaFile

New BlackBerry draws some lines, even some storms

The BlackBerry Storm was greeted with lines of hundreds of people when it went on sale Friday morning.

While it didn’t quite measure up to an iPhone launch day, where many people will have camped out for days, it created more of a stir than most phone launches.

Here are some scenes from a midtown Manhattan store to which police were called as would-be shoppers were annoyed they didn’t get a phone.

But the company said that even if some stores don’t have Storm it does not mean it is sold out as warehouses still have stocks.

(Photo: Reuters)


Et tu, Google?

Lots of eyes will be on Google, after its shares yesterday dropped below $300 for the first time since late 2005. What will today bring? In early trade, it was down 3 percent, adding to the 6.5 percent drop yesterday.

At the moment, it seems like every analyst is putting out a negative note on Google. Already today, another analyst today cut its price target and lowered its earnings estimates for the Web search company.

“Lack of consumer confidence has affected the online traffic growth. Traffic should be growing around this season as consumers begin to look for gift ideas,” Jefferies and Co said in a note to clients.

FCC’s breaking the waves

martin.jpgThe FCC took in a record haul of $19.6 billion from its auction of wireless airwaves, but the real story will unfold in the next few days when we find out who won the hundreds of licenses issued.

FCC chief Kevin Martin said he would make that list public after commissioners approve an order to formally end the auction.

High on the guess list is Verizon Wireless, which many in the industry believe paid as much as $4.74 billion for the coveted “C” block of spectrum. That block carries requirements — advocated by Web search leader Google Inc — that it be accessible to any device or software application.