prices

As it became known, Amazon.com Inc's quarterly profit fell, diminishing its shares by 14%. The online auction site’s profits dropped injured by 40% surge in expenses to $6.3 billion and by price cuts on its Kindle electronic reader.

According to industry analysts, putting the squeeze on PC producers who are trying to recover from a recession, PC components prices are expected to increase.

Gartner analyst Ben Lee reported parts costs are expected to increase by 2.8% this year. On average, the price of parts has dropped by 7.8% annually since 2000.

High demand is to blame for pricier components, particularly with DRAM, which makes up 10% of a computer's cost.

Nintendo will cut the price of its popular Wii video game console by 20 percent, responding to similar cuts by rivals Sony and Microsoft aimed at kick-starting demand. 

 Nintendo said it would lower the price of the Wii by $50 to $199.99 in the United States starting Sunday. The price in Japan will fall by 5,000 yen to 20,000 yen on Oct. 1. 

According to the figures US government presented Monday, sales of new single-family homes in the country soared more than it had been expected in June. At the same time, the inventory of homes for sale fell to a more than 11-year low. 

As the Commerce Department reported, sales grew by 11% to an annual rate of 384,000 last month, while the number of new homes still for sale fell to 281,000, the lowest level since February 1998.

Sony Ericsson has announced the launch of its latest touchscreen handset called Aino. Slider with a 3-inches screen with resolution 240 x 432 pixels will definitely gain the love of teenagers and other people who like comfort and style. Aino has an excellent 8.1 megapixel camera with 16x digital zoom featuring face detection. 

One of the world leaders Texas-based Dell has announced the launch of its new Dell Studio laptop with Intel Pentium Dual Core and Intel Core 2 Duo processors and integrated graphics provided by the NVIDIA GeForce 9400M G.  According to Dell this thin notebook was designed especially for students who can use it as "a workhorse by day and entertainment center at night."

One of the leading mobile phone manufacturers Nokia has introduced three new S40-based mobile phones that will appear on the market in the third and fourth quarters at price below 100 Euros. All the three models Nokia 2730 Classic, Nokia 2720 Fold and Nokia 7020 are different in design and features sets however all of them meet all the requirements of a modern person.