Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Wednesday, March 16, 2011

Gary Coleman’s home slashed price

The asking price for the property belonging to the ‘Diff’rent Strokesactor – who passed away after suffering a serious head injury last year – has been reduced to $225,000 in a bid to sell his assets.

Gary Coleman’s home and belongings remain unsold. The asking price for Gary Coleman’s former home in Utah, US, has been slashed in a bid to sell it.

Former child star Gary was at the house - located in Utah, US - when he fell and suffered the injury, which later led to his death in hospital aged 42.

Gary had bought the house for $320,000 in 2006 and lived in it with ex-wife Shannon Price. It is said to still contain his belongings.

A spokesperson for Shannon told website Radaronline.com: “She can’t afford to pay for it.

“She left it up to the third party attorney. It’s a big house. She can only do so much.

“She’s paying everything she has to attorneys. And she’s very cautious about spending wisely and saving every penny.”

Gary had struggled with money throughout most of his adult life, although in 1989 he successfully sued his parents and former business advisors for $1.3 million for misappropriation of funds.

In February it was revealed that Shannon was living in squalor in another home, which she shared with her father.

Saturday, March 5, 2011

RIM Backs Away from High-end Smartphones

Marvell in its financial results call on Friday may have given signs that RIM is stepping away from high-end BlackBerry phones. CEO Sehat Sutardja blamed a steeper than expected 34 percent revenue drop primarily on RIM moving to "entry-level smartphones," where Marvell doesn't have chips to offer. Most of Marvell's designs in the BlackBerry line have focused on flagships like the Bold and Torch.

Sutardja didn't say how much of the transition was already taking place or if it knew where RIM's business was going.

The transfer would support beliefs that RIM is increasingly turning to beginner smartphone owners or to those in developing countries. Android and iPhone sales go primarily to customers that can afford a smartphone-level subscription, BlackBerry customers can often pick a cheaper messaging only plan or use prepaid service. RIM's most popular phones for more than a year have been the Curve 8500 series and the Curve 3G, both phones that are often cheap on contract or inexpensive enough to be bought outright for a prepaid user.

RIM has been gradually losing share over the last several months and just at the start of the year sank to third place in terms of platform, just behind Google and Apple. It was symbolically outshipped by Apple twice in a row in the last two quarters of 2010.

RIM's departure may not be permanent. Its 2011 BlackBerry roadmap has revealed that many of its future phones, including flagships like the Storm3, are using Qualcomm's Snapdragon chips. The PlayBook is also using a Texas Instruments OMAP processor. RIM may primarily be phasing out Marvell out of discontent with its high-end roadmap and focusing on cheap phones in the short term.

Performance has been one of the most commonly cited flaws of BlackBerry phones in recent years. The complaints culminated with the launch of the Torch, which used a two-year old, 624MHz Marvell processor at a time when Apple, HTC and Motorola were all using modern 1GHz processors. Its problem was compounded when it opted to run the more demanding BlackBerry 6 platform on the phones; in some cases, it led to performance about half as fast as rivals and occasional sluggishness just in basic navigation.

Source: www.electronista.com