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Report: Samsung Pondering Acquisition of SanDisk

Authored by Mark Hefflinger on September 5, 2008 - 6:50am.
Los Angeles - Korean electronics firm Samsung is considering an acquisition of flash-based memory card and MP3 player maker SanDisk (NASD: SNDK), PaidContent reported, citing a local Korean outlet. "We are looking at various opportunities regarding SanDisk, but nothing has been decided yet," a Samsung spokesperson was quoted as saying.
tags: Deals | Acquisitions | Samsung | SanDisk | Sansa |

Shares of SanDisk Plunge After Surprise Loss

Authored by Mark Hefflinger on July 22, 2008 - 10:41am.

Milpitas, Calif. - Shares of SanDisk (NASD: SNDK) dropped 24% on Tuesday, a day after the maker of flash storage cards and MP3 players reported a second-quarter loss that sunk well below analyst expectations.

tags: Music | SanDisk | Sansa | Financials |

SanDisk Acquires Wi-Fi MP3 Player Maker MusicGremlin

Authored by Mark Hefflinger on June 10, 2008 - 8:15am.

Milpitas, Calif. - SanDisk (NASD: SNDK), a maker of MP3 players and flash storage media, announced on Tuesday that it has acquired MusicGremlin, the maker of a Wi-Fi-enabled digital audio player. Financial terms of the deal were not disclosed. Founded in 2003, New York-based MusicGremlin's eponymous device was one of the first to allow music direct music downloads over a Wi-Fi connection without the need of a computer.

tags: Deals | Music | Acquisitions | SanDisk | MusicGremlin | Sansa |

Analysis: Digital Music Downloads at Starbucks from Zune?

Authored by Jay Baage on January 28, 2007 - 9:15pm.
Zunemaster at a Starbucks (via Flickr)Starbucks Chairman Howard Schultz last week gave some insight into the company’s future music strategy at a talk in New York, stating: "Within 12 months, probably, you're going to be able to walk into a Starbucks and digitally be able to fill up your MP3 player with music”. He also added that "over the next 6 to 18 months you will see us look at it, perhaps test it”. The question is - why would people buy their music at Starbucks in the first place?

It is fairly clear why it makes sense for Starbucks to sell music: diversification of revenue streams; increasing foot traffic and time spent in stores; as well as the opportunity to increase sales per customer. However, Starbucks removed CD-burning machines out of most stores that trialed them last year. It seemed like a natural step to replace those machines with technology for downloading music to MP3 players, since the general trend in the music industry is towards digital delivery - so far so good. But the question remains, why would people buy their music at Starbucks?
tags: Music | iPod | Apple | Microsoft | Commerce | MP3 | iTunes | Retail | Starbucks | Zune | Sansa | Gremlin |

Will Trendsetting Millennials Shun their Parent’s iPod for Zune and Sansa?

Authored by Scott Goldberg on October 10, 2006 - 7:34am.
In July, the Solutions Research Group reported on iPod ownership demographics, and aside from the obvious market share results (which, according to Piper Jaffray, is 79% in the past 6 months), there was one statistic that might represent an ominous sign for Apple in the short run. The biggest year over year increase in iPod ownership: People between 30-49, who comprised 12% of iPod owners in 2005, and 33% in 2006.

[Millennial Modes, a weekly column that covers the trends, attitudes, and tastes of the millennial generation is made possible by Cdigix.]
tags: Marketing | Music | iPod | Apple | CE | Microsoft | MP3 | PMP | Millennials | Zune | Scott Goldberg | Sansa |