Market Overview

New Apple Products, PS4 Dominates Xbox One and More Tech News From the Past Week

This may not have been the biggest week in tech news -- but it was certainly one of the more interesting.

Sony (NYSE: SNE) and Microsoft (NASDAQ: MSFT) faced off -- with new hardware -- for the first time since 2006.

Apple (NASDAQ: AAPL) unveiled a plethora of new products and one new service.

Google (NASDAQ: GOOG) purchased Waze, a company Apple was reportedly interested in but ultimately did not want.

Louis Bedigian is the Senior Tech Analyst and Features Writer of Benzinga. You can reach him at 248-636-1322 or louis(at)benzingapro(dot)com. Follow him @LouisBedigianBZ

Posted-In: News Success Stories Tech Best of Benzinga

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    Microsoft Confirmed November Launch, $499 Price for Xbox One

    Microsoft Confirmed November Launch, $499 Price for Xbox One

    It's official: Xbox One will be released in November and it will sell for $499.

    The new console is $100 more expensive than Sony's hardware but includes the Kinect camera. Unfortunately, that camera has been the topic of controversy since it must be plugged into the Xbox One at all times in order for the console to operate. This has caused some consumers to wonder if Microsoft, advertisers or the NSA may use Kinect to spy on consumers.

    Image Source: Wikimedia Commons

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    Sony Dropped a Massive, Restriction-Free Bomb on Microsoft

    Sony Dropped a Massive, Restriction-Free Bomb on Microsoft

    The 2013 Electronic Entertainment Expo kicked off with a bang when Sony announced that PlayStation 4 would cost $399 -- $100 less than Microsoft's Xbox One.

    Better still, Sony confirmed that its new console will not employ any restrictions on the sale of used games. Sony won't prevent users from sharing their games either, nor will the company force users to connect to the Internet once every 24 hours.

    Image Source: Wikimedia Commons

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    iTunes Reached Another New Milestone

    iTunes Reached Another New Milestone

    Apple's popular music service reportedly reached a new milestone this week.

    iTunes, which has nearly 600 million accounts, is reportedly adding 500,000 users every single day.

    That number may be impossible to imagine, but with so many iDevices roaming the world, it is definitely feasible.

    Image Source: Wikimedia Commons

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    Microsoft Joined Forces with Best Buy

    Microsoft Joined Forces with Best Buy

    Move over Apple -- there's a new tenant moving in!

    Its name is Microsoft, and it is coming with Windows 8 PCs, Windows Phone handsets, Xbox One game consoles, and a plethora of games and accessories.

    Microsoft will move in to Apple's territory this summer. Samsung is doing the same with a number of small boutiques that are being built within Best Buy.

    Image Source: Wikimedia Commons

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    Google Paid $1 Billion for a Company Apple Didn't Want

    Google Paid $1 Billion for a Company Apple Didn't Want

    What's the easiest way to get someone to notice you? Start by getting the attention of the prettiest girl at the party. If that fails, ask Apple execs if they'd like to buy your firm and leak tidbits from the discussion for all to hear.

    While it was never confirmed that Apple did or did not want to buy Waze, a community-based traffic and navigation app, Google swept in and acquired the firm.

    There are conflicting reports surrounding the value of Waze, but it seems that Google paid at least $1 billion for the firm. Other reports claim Google paid as much as $1.3 billion.

    Image Source: Wikimedia Commons

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    iMac Sales Could Rise

    iMac Sales Could Rise

    Apple could be in for a very good 2013.

    While the company may endure hard times with lower-than-expected iPhone sales (by analyst standards, at least), iMac sales are expected to rise as much as 30 percent after the refreshed models are released this year.

    Image Source: Wikimedia Commons

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    Apple Unveiled iOS 7, New Mac Pro, iTunes Radio and a Cheaper MacBook Air

    Apple Unveiled iOS 7, New Mac Pro, iTunes Radio and a Cheaper MacBook Air

    Everyone's favorite tech giant made a lot of announcements this week.

    None of them were groundbreaking by any means, but between the mix of iRadio (now known as iTunes Radio), the American-assembled Mac Pro and the surprisingly inexpensive MacBook Air (the 13-inch model now retails for $100 less than last year's iteration), Apple seemed to impress its core audience.

    Some consumers were disappointed by iOS 7, however, which proved to be more about visualization and customization than innovation.

    Image Source: Wikimedia Commons

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    Galaxy S4 Struck by Declining Sales

    Galaxy S4 Struck by Declining Sales

    Is the Galaxy S4, Samsung's flagship phone, a success or failure?

    Based on the user reviews, some might say that it is a success. But the unconfirmed sales reports tell another story.

    Samsung typically remains silent until it has something positive to announce, so it could be a couple months before the true sales figures are released. Until then, investors may continue to worry about the company's future.

    Image Source: Wikimedia Commons

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    Higher Prices Could Strike Google's Next Tablet

    Higher Prices Could Strike Google's Next Tablet

    Google is rumored to have an interesting idea for attracting consumers this summer: it plans to sell the second-generation Nexus 7 for $30 more than the previous iteration.

    It might sound crazy, but if Apple can get away with selling the iPad Mini for $329, Google probably thinks it can successfully increase the price of its own tablets.

    Image Source: Wikimedia Commons

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    Samsung Unveiled a Large Camera Phone

    Samsung Unveiled a Large Camera Phone

    Is your pocket big enough to store the Samsung Galaxy S4 Zoom?

    This meaty handset was unveiled at a time when the company is reportedly struggling to meet sales expectations of the standard Galaxy S4.

    Samsung will hold an event on June 20 to announce additional devices. One of them is expected to be the Galaxy S4 Mini.

    Image Source: Wikimedia Commons

 

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