Tuesday, November 28, 2006

Pre-Market - Tuesday November 28th

WSJ reports on Amazon.com's Top 10 selling list for electronics yesterday, seven of the 10 products were digital media players. Nowhere did the Microsoft or Zune names appear. "That's a pretty good indicator of consumer interest," Michael Gartenberg of industry group Jupiter Research said yesterday, one of the busiest days of the year with online shoppers. The 30-gigabyte Zune player from Microsoft was on the Top 10 list of Amazon (AMZN) for several days after its release on Nov. 14 before dropping off. But yesterday, the most popular model of the Zune, the black version, was at No. 76. The Top 10 digital media players included six iPods from top-seller Apple Computer (AAPL) and one MP3 player from SanDisk (SNDK). "The product [Zune] wasn't particularly attractive. At the end of the day, you put it on a shelf and it just didn't compare," said Rob Enderle of research firm Enderle Group. Sales of Zune in the first week after the Nov. 14 launch were "exactly within our expectations," a Microsoft spokeswoman said. She added that she is still awaiting information for holiday weekend sales.

WSJ reports Google's video-sharing Web site YouTube agreed to bring its popular content to cellphones through a partnership with Verizon Wireless (VZ)(VOD), a move that will give the wireless carrier a selling point for its subscription multimedia service and a temporary edge over competitors. Verizon Wireless will have exclusive rights to YouTube's mobile content for a "limited" time. The cos won't say for how long. Over time, YouTube is likely to seek similar partnerships with the other leading cellular operators, including Cingular Wireless (T)(BLS), Sprint Nextel (S), and T-Mobile USA. Steve Chen, chief technology officer and co-founder of YouTube, declined to comment on discussions with other wireless carriers but said the co would "roll out more exciting partnerships and features for the mobile user over the coming year."

Courtesy of Briefing.com

My note: Lack on any real compelling news items so far this morning. Some stocks such as AAPL are trading up in pre-market and may be setting up for more short plays.

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