MerrillLynch
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Boston Acoustics gets efficient, cuts 30 employees
Amidst recent news about D&M Holdings being sold off, principal shareholder RHJ International has stated that 30 layoffs at Boston Acoustics are an unrelated happenstance. It's unfortunate timing, to be sure, but RHJI spokesman Gail Petersen has stated that acquisition preparation was "absolutely not a factor," and cited a decrease in new Boston Acoustics product development this year and increases in efficiency amongst companies folded into D&M holdings as reasons for trimming rolls. Whether it's coincidence or causality (if it's coincidence, it's an awfully common one), it should all get wrapped up soon -- word is that bidding between Merrill Lynch, Best Buy, Advantage Partners, and Kenwood/Bain Capital should end soon.Read - Boston Acoustics Cuts 30 EmployeesRead - Interview with RJHI's Gail Petersen
Wii will cost $200 say spectators
Nintendo Wii will launch at $200 in an attempt to undercut the competition, says an analyst at Merrill Lynch. An executive from SEGA goes further, suggesting that Wii will launch for under $200. This latest estimate sits in the middle of previous ones, but taken in the context of past console releases a $200 launch price wouldn't be out of character for Nintendo. The NES, SNES, Nintendo 64 and GameCube all launched at a price point of $200, so we wouldn't be surprised if Nintendo throws up their hands and says "why mess with tradition?"With the PS3's price confirmed, Nintendo's console is the last of the next-generation consoles to get a solid release price so it's natural that fans and analysts alike will continue the guessing game. As for the other type of price guessing game -- how much the Wii (PS3, Xbox 360) costs to make -- no-one has stepped up to the task just yet.[Via /.]
