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Release Date: August 05, 2009
Genre: Games
Release Date: May 22, 2009
Genre: Games
Release Date: August 29, 2009
Genre: Games
Release Date: March 27, 2009
Release Date: August 07, 2009

iTunes New Music Releases

Release Date: September 29, 2009
Genre: Rock
Release Date: September 20, 2009
Release Date: September 15, 2009
Release Date: August 25, 2009
Genre: Rock
Release Date: August 25, 2009

Top 5 Paid Apps

Release Date: April 22, 2009
StickWars $0.99
Release Date: March 31, 2009
Genre: Games
Bloons $0.99
Release Date: April 05, 2009
Genre: Games

Discover New Music

  • 8:30

    • 10 out of 10
    • Weather Report
    • This is Weather Reports quintessential line-up captured live. Jaco Pastorious and Peter Erskine join Wayne Shorter and, of course, Joe Zawinul to create this masterpiece.
  • Supermodified

    • 10 out of 10
    • Amon Tobin
    • The genius is in the beats. Amon Tobin creates fantastic, groovy beats behind beats. "Supermodified" rolls through your expectations of breakbeat music, and turns them up a bit. It's a mellow album, p
  • Cocked & Loaded

    • 8 out of 10
    • Revolting Cocks
    • It's hard to believe it's been more than a decade since Ministry founder and front man Al Jourgensen's side project Revolting Cocks released any new material. 2006 brings us Cocked and Loaded

  • Gimme Fiction

    • 10 out of 10
    • Spoon
    • Gimme Fiction by Spoon is a terrific album by an Austin band that I was lucky enough to catch on an Austin radio station during a Christmas visit.

  • One Word Extinguisher

    • 8 out of 10
    • Prefuse 73
    • It's an album about a breakup, done with beats instead of mopey lyrics. But the beats are raw, and the emotions are there, even if there aren't many words on top of it. While possibly not Scott Herren

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News

Nokia Warns of Weaker Q3, Global Economy and iPhone are Factors

Nokia is citing stiff competition, sluggish growth due to the global economy and a production glitch as contributors to a weaker third quarter. The company also announced that it would lose market share, and the news sent Nokia’s stock tumbling 9 percent lower.

The company pointed to aggressive price cuts by some of its low end rivals and a global economy that could force some customers to scale back plans for new purchases. The problem could last well into 2009, according to analysts in a MarketWatch story on Friday.

Nokia didn’t say how much market share they expect to lose, but suggested it would be small. Matthew Hoffman of Cowen & Co, reduced his projection from 129 million to 120 million unit shipments for Q3 and said: "We believe aggressive pricing from [companies] such as Samsung and share loss to Apple are behind new guidance for share loss," he wrote in a note to investors.

Nokia doesn’t believe that any one source is to blame, competition and markets, and reiterated that the market share loss isn’t large.

Other mobile phone manufacturers are also experiencing sluggish sales in Asia thanks good to economic conditions in China. Nokia and Motorola are losing market share there due to domestic manufacturers ZTE and Huawei flooding the market with cheap phones.

Apple, which focuses on the high end smartphone market, has still not landed a deal with China Mobile. If it does, the company is not likely to be affected by the macroeconomic conditions and cheap phone markets as Nokia has.

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