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.
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
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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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.
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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.
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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.
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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.
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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.
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iMac Sales Could Rise
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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.
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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.
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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.
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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.