The Week In Technology: 8 Stats You Need To Know

by: Michael Comeau

The short-but-exciting Labor Day week is finally over, so it's time to look back and analyze the happenings within the always-dynamic tech sector. To do so, I compiled a list of the eight statistics that tell you everything you need to know about what's happening in technology.

So let's go!

1) -0.5% - The Nasdaq Composite's Performance For the Week

The Nasdaq was down just slightly for the week - a surprise given continued concerns over the domestic and European economies, and President Obama's poorly-received jobs speech.

2) $250 - The Price of's (NASDAQ:AMZN) upcoming Kindle Tablet's MC Siegler managed to nab some key details on Amazon's Google (NASDAQ:GOOG) Android-powered Kindle Tablet, which is set to be released in November. It does not look like an Apple (NASDAQ:AAPL) iPad killer, but it should give other competitors fits.

Bullish For:, Google

Bearish For: Research In Motion (RIMM), Dell (NASDAQ:DELL)

3) 42,000 - The Number of iPhones Being Purchased by Lowe's (NYSE:LOW)

Hardware-retailing giant Lowe's is arming tens of thousands of its retail employees with iPhones. The goal? To help employees become fountains of home-improvement information, and even ring up purchases faster.

Bullish For: Apple

4) $20 Billion - NVIDIA's (NASDAQ:NVDA) Forecasted Mobile-chip Revenue for 2015

Tablets and smartphones are selling like crazy - and NVIDIA's expecting to make tons of dough powering them up with its Tegra chips. In an interview with CNET, NVIDIA CEO said "If you're not in mobile processors now, you're seven years too late."

Are you listening Intel (NASDAQ:INTC)?

Bullish For: NVIDIA, ARM Holdings (NASDAQ:ARMH)

Bearish For: Intel

5) $10 Million - The Cost of One Insult From Former Yahoo! (NASDAQ:YHOO) CEO Carol Bartz

This week, the embattled Carol Bartz was relieved from her position as CEO of Yahoo!. Even underperforming CEO's typically receive huge severange packages, but Fortune reported that Ms. Bartz may have violated a non-disparagement clause in her employment contract by calling Yahoo! board members "doofuses." For $10 million, she should have really let them have it.

Bullish For: Yahoo!

6) 5 - The Number of Times Apple's iPhone Has Topped JD Power's Smartphone Satisfaction Survey

Apple has the biggest market cap in the land at $350 billion, and JD Power's latest award shows why - the company simply makes butt-kicking products. Edging out second and third-place competitors Motorola (NYSE:MMI) and HTC, Apple's winning streak could just go on forever.

Bullish For: Apple

Bearish For: Research In Motion, Nokia (NYSE:NOK)

7) 19 - The Number of Ongoing Lawsuits Between Apple and Samsung (OTC:SSNLF)

On Friday, A German court upheld an injunction sales of Samsung Galaxy tablets in that country this week in a nice victory for Apple's legal department. Unfortunately, according to the Wall Street Journal, there are 19 ongoing lawsuits between Apple and Samsung, so this war is clearly not ending any time soon.

Bullish For: Apple, until the next court decision comes down

Bearish For: Samsung, until the next court decision comes down

8) 8.1 Billion - The Number of Expected Android App Downloads in 2011

CNET reported that research firm Ovum expects 8.1 billion Android app downloads vs. 6 billion for Apple. This is a big turnaround from 2010, when Apple topped Android by a whopping 93%.

Apple shareholders should not cry, however, since the iPhone is forecasted to dominate app revenue. In all, Ovum seems app downloads growing by 144% this year.

Bullish For: Google, AAPL

Disclosure: I am long AAPL.