Reported by Star-Bulletin staff & wire
Wednesday, October 13, 1999
Isle 'Net business wins Microsoft deal
A Hawaii Internet business, PixelWorld Inc., said today it has signed an agreement with Microsoft Corp. to provide Hawaii video content for Microsoft's Web site, www.WindowsMedia.com.PixelWorld, founded in Honolulu by Greg Murphy, employs seven people who provide video content for the Internet through broad-bandwidth lines. Starting Oct. 15, visitors to WindowsMedia will be able to see live views of Waikiki Beach, surfing on the North Shore and other sites and events in the islands.
Hawaii car insurer lowers rates again
Progressive Auto Insurance today lowered its premiums for Hawaii drivers for the third time in less than two years, following the lead of the state insurance division which recently approved lower rates. Progressive, a national company that has 16,000 automobile, motorcycle and boat policies in Hawaii, said its rates for drivers with excellent driving records are as much as 25 percent lower.
Hawaiian Air counts more passengers
Hawaiian Airlines Inc. said it carried 433,595 passengers last month, an 7.9 percent increase from 401,709 carried in September 1998. The airline added flights to increase its capacity by 14 percent, so despite the higher passenger count, its systemwide load factor -- the number of seats occupied by paying passengers as a percentage of all the seats available -- slipped to 71.6 percent last month, from 75.6 percent in September 1998.
Apple's earnings beat expectations
CUPERTINO, Calif.-- Apple Computer Inc.'s fiscal fourth-quarter profits fell 15 percent as it failed to obtain enough computer processors to keep up with demand for its popular models. However, the company's earnings of 51 cents a share beat the average Wall Street estimate of 45 cents, according to Bloomberg News.