tech planet

Wednesday, 28 December 2011

Netflix was 2011′s biggest loser in customer satisfaction

Netflix had a rough year, for sure: The company has taken its lumps from users, analysts and investors ever since it announced a major price hike and an ill-advised plan to spin off its DVD-by-mail service into a separate business called Qwikster. All of that has led to a massive decline in customer satisfaction, as the once high-flying company saw its rating drop to its lowest ratings ever, according to ratings company ForeSee.
ForeSee, which issues a twice-yearly report tracking customer satisfaction, reported that Netflix’s rating during the holiday season dropped seven points from 86 to 79 points, a decline of 8 percent from a year ago, making it the biggest loser in the survey. That’s a huge drop for Netflix, which for years had been among the top companies in the report. Meanwhile, Amazon, which typically battles Netflix for the #1 spot, was the clear leader this year, with a record score of 88.
Netflix’s customer satisfaction aside, the index of the top 40 Internet retailers was actually pretty good, with the average score for the group increasing to 79. So for now, Netflix is just average among the top companies in the survey.
Of course, it didn’t take a crystal ball to see this was coming: Netflix lost 800,000 subscribers in the third quarter, and domestic growth in the fourth quarter — which is usually pretty robust due to holiday gifts that come with Netflix embedded — is expected to be flat or down. Meanwhile, confidence in the company’s stock has collapsed, sending its share price from above $300 down to about $70. So it should come as little surprise that customer satisfaction dropped so precipitously.
Netflix is still the clear leader in the online streaming space, with about 24 million subscribers. But for years Netflix has relied on the virtuous cycle of positive word-of-mouth to help propel its growth. With customer satisfaction declining rapidly, it’ll have to work harder to retain existing customers and to win new ones.

What to do when Amazon’s spot prices spike

Rapid price spikes are affecting buyers on the Amazon Web Services Spot Instances market, where users are now bidding extremely high prices for scarce compute capacity. These price spikes are new, and they call into question assumptions that many users have made about how the auctioning of computing resources works.
The first report of this came in late September, when marketing software service SEOMoz reported huge price spikes on the spot market. A sudden spike in the price of “m2.2xlarge” servers (normally $.44/hour) drove the price briefly up to $999/hour, causing a site-wise outage. While this was bad news for SEOMoz, it was probably worse news for the unlucky customers who ended up paying $999 for one hour of compute time!

Will you pay $999 per hour for a server?

Why would anyone bid such a high price? It’s hard to say for sure, but the unlucky winner of the auction probably did not expect to pay $999 per hour for a server. On the Amazon marketplace, your bid represents the maximum amount that you are willing to pay: you usually end up paying much less than your bid. Many buyers seem to have assumed that the price would never rise above the fixed-price “on-demand” rate charged by Amazon.
Unfortunately, it seems like a large number of people were using that flawed strategy. And when something changed in the spot market (perhaps a reduction in the number of machines available to rent, due to increased demand) the unrealistically high bids that customers made went into effect. Amazon has since posted a video describing the different strategies buyers on the spot market use. Litmus, one of the companies mentioned in the video, describes their strategy as “bidding high for convenience.” The $999 bidder who cornered the spot market on large servers was probably using an extreme version of this strategy.
My company (SlideShare) was also effected by the recent price spikes on the spot market. Several times in October and November, all of our EC2 servers disappeared at once because of a price spike (this had never happened before). Fortunately, the software code that manages SlideShare’s cloud servers responded automatically by renting new machines at the “on-demand” rate, so we didn’t experience any actual downtime, only degraded service. But after this happened to us several times, we have changed the mix of machines that we use so that only half of them are from the spot market, and the rest are on-demand.

Spikes are a recent problem

Looking through the pricing history for various classes of machines, it’s clear that these spikes are new, and that they are happening across almost all instance types, at least for servers that are on the East Coast of the United Sates. For example, “small” servers on AWS both spiked as high as $100 an hour twice in November, when the on-demand price for those servers is $.085/hr. “m1.large” machines also spiked as high as $40 an hour. Almost every class of servers has hit spikes of more than 10 times their retail price in last few months. What is going on?
It’s hard to say why the spot market is suddenly showing more price spikes. A drop in supply (from Amazon requisitioning machines for its own purposes or for renting in the on-demand market) or a spike in demand (from the Christmas e-commerce rush) could be to blame. It’s important to remember that the AWS spot market is not a typical market, with many buyers and sellers doing business over a neutral exchange. One seller is servicing many buyers, and is also operating the exchange.
Amazon benefits from customer anxiety about getting access to spot servers: they sell on-demand instances for a higher price, and pre-paid reserved instances for better cash flow. So it’s unrealistic to expect Amazon to do anything to “fix” these price spikes. From Amazon’s perspective, they are a feature, not a bug.

How to deal with EC2 spot price spikes

For customers of the AWS spot market, there are some best practices to be learned from these recent price spikes:
  • Never EVER bid more than you are willing to pay for a server on the spot market. This is the most important lesson. Don’t even bother doing “convenience bidding” of double or triple the on-demand price: when the price starts to spike it will easily go way beyond any rational price. Do you want to be the gal who explains to the CEO why the company is paying $100 an hour for servers?
  • Don’t run all your infrastructure on spot market machines. In fact, don’t run more infrastructure than you are prepared to lose on spot machines. We use a thumb rule of 50 percent at SlideShare, since our system can easily survive 50 percent of our machines disappearing at one time (which is what will happen during a price spike).
  • Write the code that manages your cloud infrastructure so that it responds intelligently to spot market price spikes. If you can’t get a spot machine at a reasonable price, your code should automatically request an on-demand server.
  • Consider having some “reserved instances,” so that you are guaranteed the right to a minimum base level of machines. I’ve argued in the past that reserved instances don’t make sense for startups, but it’s clear that when supply dries up at Amazon it happens all at once, without warning. Your portfolio of servers on Amazon is almost like a financial porfolio. You want some diversification between risky high-reward elements (spot market) and more conservative elements (reserved instances).
These are early days for real-time pricing of cloud computing, and the spot market on Amazon is finally acting like a real market, with extreme price fluctuations. The “free ride” of getting reliable spot priced machines for less than the on-demand price is over. So if you want to play with cheap cloud servers, make sure you have the infrastructure in place to handle a price spike that could make all your servers vanish in the blink of an eye!


GoDaddy Officially Removed From The House’s List Of SOPA Supporters

gdjkWhen GoDaddy publicly recanted their support of SOPA last week, many were quick to point out that such an act didn’t reallymean much. As far as the Judiciary Committee overseeing SOPA was concerned, GoDaddy was still a supporter.
That’s been changed, it seems. In the latest version of the US House Of Representatives’ SOPA Supporters list (heads up: it’s a PDF), GoDaddy’s name is nowhere to be found.
Does this mean that everyone should immediately resume throwing money at GoDaddy? Of course not; if you’re genuinely interested in only handing your greenbacks over to companies that are either neutral towards or against SOPA, it’s important to keep an eye on the company’s actions in the coming weeks (once the scalding hot and blindingly bright spotlight has moved on.) Plus, it’s not as if there aren’t plenty of alternatives just begging for your business.
What’s more important, however, are the the names still on the list. ESPN? Scholastic, Inc.? Visa? Even if you can’t find a way to stop supporting most of the SOPA-friendly companies with your wallet (GoDaddy was quite easy in this sense, which is presumably a big part of why the Internet’s rallying against them moved so quickly), it’s important information to keep in the back of your mind.

Wednesday, 12 October 2011

Jaguar supercomputer gaining speed

Titan will be at least twice as fast as today's fastest supercomputer, which is located in Japan
File photo shows a staff member of Japan's national Riken institute opening a rack of supercomputer, "K Computer", at Riken's laboratory in Japan on June 21, 2011. Cray Inc. said it has sealed a deal to overhaul the US Department of Energy's "Jaguar" supercomputer, making it faster than any other machine on the planet. The new supercomputer will be renamed "Titan".
Cray Inc. said it has sealed a deal to overhaul the US Department of Energy's "Jaguar" supercomputer, making it faster than any other machine on the planet.
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The supercomputer at the DOE Oak Ridge National Laboratory will be renamed "Titan" after it is beefed up with speedy, powerful chips from California companies NVIDIA and .
"All areas of science can benefit from this substantial increase in , opening the doors for new discoveries that so far have been out of reach," said associate lab director for computing Jeff Nichols.
"Titan will be used for a variety of important research projects, including the development of more commercially viable biofuels, cleaner burning engines, safer nuclear energy and more efficient solar power."
NVIDIA specializes in GPU () chips used to enable seamless, rich graphics and smooth action in videogames by processing myriad tasks simultaneously through parallel computing.
Rival company AMD will provide powerful chips that process data in sequence as is standard in home or work computers.
"Oak Ridge's decision to base Titan on Tesla GPUs underscores the growing belief that GPU-based heterogeneous computing is the best approach to reach exascale computing levels within the next decade," said NVIDIA  Steve Scott.
Cray valued the multi-year contract at more than $97 million and said that Titan will be at least twice as fast and three times as energy efficient as today's , which is located in Japan.

Solar-powered air-conditioning system for vehicles

Solar-powered air-conditioning system for vehicles
Solar private car. Credit: Partnership Development Office
Great news for drivers! They can now continue to keep the air-conditioning system on during the hot sunny days even when they stop the vehicle and switch off the engine. In collaboration with Green Power Industrial Ltd, PolyU's Department of Electrical Engineering has developed an innovative air-conditioning system for vehicles that can turn scorching summer heat into cool air without a single drop of gasoline.

Motorists are so used to turn on the engine for air-conditioning. Our solar-powered air-conditioning system for vehicles (SAV) will break this convention. Featuring photovoltaic technology and intelligent power control, SAV switches on-board air-conditioner to  when petrol engine shuts off, and the switch-over is automatic and seamless.
Principal investigator of this project Prof Eric Cheng explained, "Drivers of minibuses or taxis can now switch off the engine but continue to stay cool while waiting for passengers at the station. In fact, our system helps extend the operation of air-conditioner for two more hours." Prof Cheng further stressed that this device can also give good power output even during cloudy or .
Similar to a big , this system has  on the rooftop of the vehicle to collect power for storage in a battery to support a stand-alone electric air-conditioning unit when the  is not running. The solar panel is made from bendy materials which can fit perfectly on any vehicle rooftop, giving it a sleek appearance. It also serves as a good thermal insulation for the interior and other valuable equipments inside the vehicle.
Idling not only pollutes the air, but is also bad for the engine as it may contaminate and accelerate the deterioration of  components due to higher operational temperature and unnecessary prolonged operation. According to recent statistics, leaving a vehicle on idle for as short as 10 minutes a day will consume an average of 100 litres of petrol in one year. In other words, adopting our SAV can help save drivers' petrol and fuel cost.
PolyU's President Prof Timothy W. Tong hailed the device as a practical solution that could benefit thousands of professional drivers and pedestrians in the city. The installation of our SAV on a Swire Coca-Cola Hong Kong truck was first announced in October last year. A series of testing on the road have proven the system robust and effective. To make another milestone on the road to green transport, the system is now being widely deployed in public transport such as minibuses and taxis, as well as some commercial vehicles including an operation truck of the Airport Authority Hong Kong.
"We look forward to having more fruitful collaboration with Green Power Industrial Ltd and other industrial partners to build a low-carbon city. Together, we can jointly make a contribution for sustainable development of our community," said Prof Tong.
As part of an on-going mission in advancing technology that safeguards natural resources and our ecosystem, SAV is the latest from a stream of PolyU's green innovations with an aim to reduce harmful emissions and eliminate the effects of climate change. This system has also brought home two international awards from the 39th International Exhibition of Inventions of Geneva in April this year. This accolade will certainly serve as recognition of the hard work, the know-how and the dedication that PolyU researchers have put in creating meaningful innovations that move us towards a sustainable society.
Provided by The Hong Kong Polytechnic University

Thursday, 29 September 2011

The World’s Cheapest Computer: OLPC XO-3

family arrangement
OLPC (One Laptop computer Per Child) founder and chairman Nicholas Negroponte showed us a glimpse with the long term of this concept style recognized as XO-3 which is scheduled to become launched in 2012. It is a 3rd installment towards the sequence of XO’s released through the non revenue organization. The cost for this paper skinny computer? An ultra inexpensive price of $75! well, I just do hope they attain their cost objective this time.

Garmin Vector, Measuring Power of Your Foot

Garmin Vector, Measuring Power of Your Foot
The Garmin Vector is really a light-weight energy meter that’s integrated on a pedal. Not only it could offer accurate and reliable energy data, however it also measures the power stability of the cyclist’s correct and left legs. The data will be sent towards the Garmin Edge GPS or other suitable wireless receivers (so long as it is Garmin-made).
The Vector is portable, easy to make use of, and requires only minutes to set up. It’s a shame, however, that this gadget has a suggested price of $1,499. Garmin Vector is predicted to become available in March 2012.

2-Way Emergency Flashlight

2-Way Emergency Flashlight
A flashlight is something that can display the route forward and guide you along the way. But a regular flashlight has 1 problem. It throws rays of mild right in front of you in the path that you are strolling but doesn’t help you see exactly where you’re stepping. You may possess the street ahead lit up well for you but may nonetheless be most likely to stumble on something.
An easy and convenient way to walk in the dark has been found out by designer Junwon Yang. The Emergency Flashlight designed by Yang will show to be your best companion within the dark. It is no normal flashlight because it has the capability to light up the route prior to you also because the spot you are walking on. This two-way torch has lighting components on each stops which makes it various from all other sorts of torches.
Yang, like all of us, knows the problems that one needs to face when treading within the dark and the hazards it poses. Hazards can be each in the form of dangerous creatures and the issues lying on the way. To counter the risk of stumbling on objects he designed this Emergency Flashlight that will mild up both necessary areas. The mild supply in the back with the torch is angled at 45 degrees, an angle at which the light directly falls on every step you take. This provides you two fields of vision within the otherwise pitch black region.

Next Generation Washing Solution via Compact Ecopod

eco pod technology design idea
innovative technology eco pod
new appliances  eco pod
wall mount machine eco pod
It has been quite hot news that the global warming is going to take the charge of entire civilization and hence we need to take care of our mother earth as much as possible. The first step towards this comes in the form of using eco friendly and energy efficient gadgets like the latest and sensational compact ecopod. This very own device is specially built for the energy efficient and eco friendly washing and drying of the clothes. This device functions n the rules of damp and hot steam.
The technology on which this eco friendly washer and dryer is built is found to be very much advanced. The damp steam is used for washing purpose and the hot steam is directed for the drying part. The best feature of this devise is that it does not need a lot of attention and hence in is pretty good in today’s fast life. The function of ecopod is operated with the help of three major keys. The keys are good to use and easy to understand when it comes to the functional aspect of this compact ecopod.
There are various other features that can be enjoyed with this ecopod. Its time saving and energy efficient nature is pretty useful for all the people. Above all it is very cost effective as well. to conclude all we can say that the world has started moving towards the green lifestyle and the products like this eco friendly washer and dryer are proving to be the foundation stones.

New GoGear Muse 3 PMP From Phillips

New GoGear Muse 3 PMP From Phillips
Philips has introduce new GoGear Muse 3 their new Personal Music Player. The new GoGear Muse 3 sports smoother lines compared to previous model with rounded corners and a 3.2 touchscreen.
This new edition from the GoGear Muse now also includes a brand new equalizer known as the SoundPersonalisation, which enables you to regulate the sound of audio by just transferring your finger around the display in the unit with every single corner representing a sound enhancement: Powerful, Sparkling, Vocal and Warm.
The new GoGear Muse 3 comes supplied with noise isolation in-ear headphones, is fitted with an internal speaker and is available in two storage capacities of 8GB for  £110 and 16GB for around £140.

Awesome Concept Gadgets: E-Ball PC

Awesome Concept Gadgets E-Ball PC
E-Ball PC is ball like idea computer which by the way will be the smallest pc ever designed. It essentially has all of the functions of the traditional computer technologies less the dimension and excess weight. Created to sit on two stands which can be deployed by concurrently pressing two buttons on each aspect. This idea gadget doesn’t only possess a detachable mouse attached to its physique when not in use however it also sports activities a laser keyboard, a cool addition to its features. Images and show is projected to a wall or perhaps a sheet paper with a press of a button.
With a consumer pleasant interface along with a sylized icons that can be wasily remembered this cool idea gadget is perfect for generating video clip presentations, watching big screen films, chatting around the internet and listening to your preferred songs. It’ll certainly be an eye catcher within the workplace.

Sony Release New Walkman B Series MP3 Players

Sony Release New Walkman B Series MP3 Players
Sony added their MP3 Players with release Sony Walkman B Series. The Sony Walkman B Series MP3 gamers are available in a array of diverse colors, and you get a option of possibly a 2GB design which can be enough for about 470 songs or perhaps a 4GB model which is enough for about 980 songs.
The Sony Walkman B series features a battery everyday living of about 18 hours, and it supports a choice of formats like MP3 and WMA. These new MP3 gamers from Sony will go on sale in June 2011, you will discover no details on pricing as but.

Martin Jetpack Release on 2012

Martin Jetpack Release on 2012
Martin Jetpack will lastly be made available for public purchase. It originally debuted back again in 2008 and save for some small tweaks and adjustments, its design has remained exactly the same.
In order to allow it to be publicly obtainable, Glenn Martin’s jetpack had to become tailored about the FAA’s ultralight requirements, which imply that its speed was limited to a maximum of 63mph and its maximum flight time limited to a mere thirty minutes. The good news is that due to it becoming within the ultralight class, should you decide to get your hands around the jetpack, you will not be needed to possess a license of any type.
For those that forgot, the Martin jetpack is powered by a two-stroke, custom-designed gasoline engine spins a pair of ducted followers that generate thrust, and an completely electronic, fly-by-wire program, which changed the original cable-and-pulley steering system. A cellphone-sized flight-control unit (generally utilized in Predator UAVs) allows the jetpack to set bounds on pitch, roll and yaw, and in common assists to steady the flights.

Nintendo 3DS Spec, Price, Picture, and Information

CHIP Online Nintendo 3DS Nintendo 3DS Spec, Price, Picture, and Information
Introducing the Nintendo 3DS system. The incredible gameplay experience with real 3D graphics do not need special glasses. Nintendo 3DS is a breakthrough in portable entertainment, very high quality piece of hardware. It must be seen to be believed.
index Nintendo 3DS Spec, Price, Picture, and InformationNintendo 3DS system opens up a whole new world of gaming options eye-popping. The 3D stereoscopic view of the top screen for objects in the game world a sense of space and depth that extends far to the rear of the screen. It becomes easier to see the placement of characters and barriers in the world, making the gaming experience much more intuitive for all types of players.

Monday, 26 September 2011

United Tech to buy Goodrich for $16.5 billion

United Technologies Corp (UTX.N) has reached a $16.5 billion cash deal to acquire aircraft components maker Goodrich Corp (GR.N), in what would be the diversified U.S. manufacturer's biggest deal in a decade.
United Tech said on Wednesday it would pay $127.50 a share for Goodrich, a 47 percent premium over the stock's closing price last Thursday. It also includes $1.9 billion in assumed debt.
The deal comes as blue-chip United Tech looks to cash in on the upswing in plane orders and production as declining global spending on defense pressures its military business.
The acquisition can help it build critical mass in new aircraft technology and plane services as civil demand rebounds.
Goodrich is poised to grow as key commercial plane programs such as the Boeing 787 Dreamliner and upcoming Airbus A320neo ramp up production.
"It's a good deal," said Virginia-based defense consultant Jim McAleese.
"This is definitely a step forward in the growth of United Technologies in commercial aerospace, and it reduces the company's exposure to defense," he said.
The deal comes despite a broad slowdown in merger activity globally, as market volatility and economic uncertainty give many firms a pause.
But it shows large, well-capitalized companies are still willing to take on strategic transactions and financing remains available for companies with good credit.
Within the sector, the deal could also be a harbinger of more M&A as companies look to reduce their dependence on defense amid declining global spending.
Goodrich supplies parts for Hartford, Connecticut-based United Tech's Pratt & Whitney jet engines and Hamilton Sundstrand's aircraft electronics.
The deal is a big move for United Tech Chief Executive Louis Chenevert, who had long said he was interested in doing more deals but was having a hard time coming to terms with targets on price.
"Goodrich delivers on all of our acquisition criteria. It is strategic to our core, has great technology and people, and strengthens our position in growth markets," said Chenevert, who ran the Pratt & Whitney unit before taking on the top job.
The deal is United Tech's largest since its year 2000 showdown with General Electric Co (GE.N) over Honeywell International Inc (HON.N). United Tech made a $36 billion offer for Honeywell, which GE topped. European regulators ultimately scuttled that deal.
Goodrich CEO Marshall Larsen, a 34-year Goodrich veteran, will run the new UTC Aerospace Systems unit, which will be based in Goodrich's current home town of Charlotte, North Carolina.
United Tech plans to sell $4.2 billion in stock and suspend share repurchases through next year to maintain its credit rating, according to the Wall Street Journal, which said JPMorgan Chase (JPM.N) is leading a $15 billion loan package for the deal, with HSBC Holdings (HSBA.L) and Bank of America Corp (BAC.N) also involved in the financing.
United Tech shares have risen some 8 percent over the past year, outpacing the 6 percent rise of the Dow Jones industrial average .DJI. Goodrich is up 52 percent, with more than half of that run coming over the past week.
JPMorgan Chase & Co and Goldman Sachs & Co (GS.N) advised United Tech on the deal, while Credit Suisse (CSGN.VX) and Citigroup (C.N) advised Goodrich.
(Reporting by Scott Malone in Boston, Paritosh Bansal in New York and Andrea Shalal-Esa in Washington;

After 3 years, Boeing Dreamliner becomes reality

 Boeing's long-awaited dream machine became a commercial reality on Sunday when the lightweight plastic-composites 787 Dreamliner was formally delivered to its first Japanese customer.
Boeing says the revolutionary carbon fiber design will hand 20 percent fuel savings to airlines struggling to avoid a new recession, and give passengers a more comfortable ride with better cabin air and large electronically dimmable windows.
The first $200 million aircraft was handed over to Japanese carrier All Nippon Airways three years behind schedule after persistent delays that cost Boeing billions of dollars.
"It took a lot of hard work to get to this day," said Scott Fancher, vice president and general manager of the 787 program, at the outset of two days of celebrations at the plane's Seattle production plant.
The blue and white-painted long-range aircraft, which boasts a graceful new design with raked wingtips, will leave for Japan on Tuesday and enter service domestically on October 26.
Boeing has taken orders for 821 Dreamliners, which will compete with the future Airbus A350, due in 2013.
The much-anticipated handover came a week after another major first delivery -- the 747-8 Freighter -- was abruptly postponed in a contract dispute with the customer. ANA, the world's ninth largest airline by revenues, plans to coax the airplane into service on domestic routes before putting it on longer international routes like Frankfurt, Germany.
The aircraft goes 52 percent further than the all-metal Boeing 767 which it is designed to replace while using 20 percent less fuel for the distance flown, an ANA executive said.
In a classic roll of the dice in the high-stakes aerospace industry, Boeing abandoned plans for a sound barrier-chasing "Sonic Cruiser" a decade ago and worked on lighter long-range jets as cash-starved airlines valued efficiency over speed.
The resulting composites-based technology proved popular with airlines, forcing Airbus to turn its back on the aluminum airframe for its next generation of jets. Boeing expects this to become the standard for future passenger planes.
"Technology will only get more efficient and lighter," said the 787 program's chief project engineer Mike Sinnett.
The plane's lighter weight allows airlines to operate routes even when the demand is insufficient for larger aircraft like the Boeing 777 or 747, or the Airbus 380 superjumbo.
"For aviation we believe this is as important as the 707 was with the introduction of the jet age," Fancher said.
He moved to head off any fears over the new materials, stressing tough composites were nothing like ordinary plastic.
"Plastic is what you have on the dashboard of your car. This is not plastic," he told reporters.
The 787 development program has been delayed seven times due to challenges with engineering, supply chain glitches and a 58-day labor strike in 2008. [ID:nS1E78O09V]
"We have been waiting for the 787 for over 3 years as we expected it in the summer of 2008," said senior vice president Satoru Fujiki who took part in negotiations to buy the 787.
"I can't say the delayed delivery didn't have any impact but ANA and Boeing worked closely to mitigate it," he said, adding Boeing had provided alternative jets to meet the shortfall.
ANA has ordered a total of 55 Dreamliners worth $11 billion at current list prices, including 40 of the 260-passenger 787-8 variant being delivered this week. #
ANA plans to take delivery of 4 planes in 2011 and an additional 8 next year. "By the end of 2017 we will get all our 787's so it is catching up on all our deliveries."
The Seattle Times reported on Sunday that 787 program costs had topped $32 billion due to delays. That estimate raised questions, the newspaper said, over whether the new jet would make money for Boeing before "well into the 2020s, if ever."
Boeing declined comment.
Analysts say new jets typically cost closer to $15 billion.
Boeing also faces Wall Street concerns over its ability to reach its target of lifting output to 10 planes a month by 2013.
"Boeing still has to achieve a smooth production ramp-up and still has to do rework on some 40 airplanes that it says will take years to complete," aerospace analyst Scott Hamilton said.
Asked how confident he was that Boeing would stick to its latest output goals, ANA's Fujiki said: "We are quite confident in Boeing's ability to deliver on schedule this time."
Also uncertain is how many planes Boeing must sell to break even, something the company is not yet saying.
"If it is 1,200, they should make money; if it is larger than that it could be challenging," Hamilton said.
The delivery comes as Boeing remains locked in a dispute with one of its top labor unions in Washington state, where it has traditionally built its aircraft.
The International Association of Machinists and the National Labor Relations Board accuse Boeing of building a non-union 787 plant in South Carolina to punish the IAM for past strikes.
Boeing denies that claim, saying the jobs in South Carolina represent new employment, not the relocation of existing work. The issue has become a political lightning rod, with Republicans denouncing the Democratically controlled NLRB as being unfriendly to U.S. companies.