According to analyst Mark McKechnie of Broadpoint AmTech, Motorola and Verizon sold about 100,000 DROID phones in its first weekend of availability.
Verizon is said to have had 200,000 of the smartphone on hand, and most stores sold about half of their stock. Overall, Motorola will sell 1 million phones using Android in the Q4 2009.
100,000 is a very high weekend launch number by normal standards, but the Apple iPhone 3GS sold over 1 million during its launch weekend in June.
“I see the first few days as encouraging,” McKechnie adds. “There seems to be pretty good demand — they’ve taken the right steps and picked a good partner with Google on the Android side.”
Result for: few days
Circuit City will be going completely out of business and closing its doors at the end of the day tomorrow, ending their going-out-of-business a few days early.
According to the Great American Group, one of the liquidation firms in charge of CC, the retailer’s $1.7 billion in inventory is almost done, with little to no products left in any store.
Some Circuit City locations are giving everything left in the store away for 80-90 percent off, but it is safe to say that anything of real value to anyone (TVs, Blu-ray players, laptops) have been gone for days or weeks now.
The large retailer, once the second largest electronics chain in the United States, filed for Chapter 11 bankruptcy in November of last year and was not able to recover despite a strong holiday season.
Result for: few days
IFC Entertainment has announced that it will be releasing the Che Guevara biopic, Che in theaters beginning early January, then on VOD (video on demand) a few days later, and then on DVD within a short period after that, exclusively at Blockbuster.
The indie supplier notes that Che will be its “highest-profile day-and-date release yet,” and they wanted to seek the widest possible audience.
The movie is four hours long and will play in theaters with an intermission break at 2 hours.
“This is definitely our biggest one, with the biggest cast and director. This is a $65 million production,” added Ryan Werner, VP of marketing at IFC. “And because of the fact that the movie is so long, we wanted to give people a variety of ways to see it.”
