Peanut Butter News

Full Story at BrainstormTech.blogs.fortune.cnn.com

Apple passed an important milestone last quarter that nobody on Wall Street seems to have noticed: the iPod, once Apple’s (AAPL) No. 1 source of revenue, fell into third place after the Mac (No. 1) and the iPhone (No. 2).

Think of Apple’s business model — as Steve Jobs often does — as a three-legged stool: Mac, iPod, iPhone. As recently as 2006, the iPod leg accounted for 55.5% of Apple’s revenue. By last quarter, its share had shrunk to less than 18%.

But this is a good thing, argues Bullish Cross‘ Andy Zaky, a day trader and occasional blogger whose estimates of Apple’s earnings regularly beat — by a long shot — the estimates published by professional analysts

Full Story at CNN.com

And not more than a month and a half ago, Microsoft unveiled its new search engine Bing, which it hopes will steal market share from Google and finally make it real money online.

From the news of it, it’s a full-blown tech battle, complete with behind-the-scenes machinations to sic government regulators on each other.

It is, however, not a death match — it’s more of an fight to see who will be the King of Technology, since both companies pull in their billions through completely different siphons and are unlikely to severely wound one another any time soon.

Google pulled in $22 billion in revenue in 2008, 97 percent of which came tiny text ads bought by the keyword and placed next to search results or on pages around the web. Google makes a negligible amount of money bundling its online apps for businesses, charging $50 a head annually — but mostly it just gives its online text editor, email and spreadsheet programs away.

Full Story At money.cnn.com

NEW YORK (CNNMoney.com) — Fans, friends and colleagues of Billy Mays are still absorbing the news of the ebullient TV salesman’s untimely death. Meanwhile, those in the infomercial field are left wondering: What will the industry do now that its most recognizable front man is gone?

Mays, who died on Sunday from heart disease, worked closely with marketing firms to promote products including OxiClean, Hercules Hooks and Mighty Putty. His booming voice, warm smile and gesticulating arms made him an icon in the direct response industry.

Full Story At  msnbc.com

WASHINGTON – Shoppers will have more information about where their food comes from under a new policy starting today.

Labels on most fresh meats, along with some fruits, vegetables and other foods, will now list where the food originated. In the case of meats, some labels will list where the animal was born, raised and slaughtered

Full Story At CNN.com

The Group of Seven finance ministers also urged countries not to close their markets to goods and services from abroad.

“An open system of global trade and investment is indispensable for global prosperity,” they said in a statement at the end of their meeting Saturday.

“Protectionist measures … would only exacerbate the downturn” in the worldwide economy.

The ministers said the global banking crisis had revealed “fundamental weaknesses in the international financial system” and called for urgent reform.