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Apple announced that the company sold over one million iPhone 3GS units this past weekend. Apple also reported that more than six million iPhone users have updated to the iPhone 3.0 operating system. While there was less hype than when the iPhone 3G was released a year ago, the release did find some users unable to update software and others who had trouble activating new iPhone’s on the AT&T network.

T-Mobile is set to offer the second Google Android-based phone on its network. The follow up to the G1, the myTouch will cost $199 and will be available later this summer. The myTouch Android will include a 3.2 inch touch screen, as well as a virtual keyboard.

After 74 years, Kodak will retire Kodachrome at the end of 2009. I can’t think of a better metaphor for the end of an era. Forget the purists waxing poetic about the emulsion; we all shot Kodachrome back in the day because you could shoot more shots for less money. High quality digital pictures are free which is why Kodachrome now accounts for less than 1% of Kodak’s sales.

ESPN has acquired the rights to English Premier League soccer. The Disney-owned sports network, looking to expand its outlook internationally, received the rights after Irish company Setanta defaulted on their bid. ESPN, who paid an undisclosed amount of money for the rights, will be able to air English Premier League soccer for the next four years.

Sirius XM is set to raise $350 million by offering notes. The satellite radio company hopes the note offering will be able to raise enough money to pay off some of its mounted debt. The Sirius XM notes offering will come due in 2013.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.



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