SLIDESHOW: President Obama Saved The iPhone 4 And More From The Second Week Of August
This development proved to be one of many notable events that occurred this week, along with news of a price cut for the Chevy Volt price cut (which is permanent for the 2014 model) and a price reduction for the 2012 Kindle Fire HD (which is temporary).
Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.
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
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
President Obama Saved The iPhone 4
They included the AT&T (NYSE: T) version of the iPhone 4, as well as older 3G versions of the iPad.
By overturning the ban, Apple can continue to sell the iPhone 4 until it is officially retired.Image Source: Wikimedia Commons
Apple's Premiere Devices Dominated PC Sales
Nexus 7 Limited To 3.5 Million Units
Google's "Flawed" Password Security Angered Some Chrome Users
Many IT professionals are aware that Chrome can store and reveal passwords for an endless list of websites.
Unfortunately, most consumers -- and some software developers -- were not aware of this feature.Image Source: Wikimedia Commons
Amazon Lowered The Kindle Fire HD's Price To $159
This temporary price cut brought the Kindle Fire HD down to the same price point as its standard-definition counterpart, which always retails for $159.
The price reduction came after it was revealed that Amazon (NASDAQ: AMZN) had begun to lose market share to other tablet makers.Image Source: Wikimedia Commons
Haptics Market Expected To Reach $13 Billion
In roughly 12 years, the haptics market is expected to be worth $13.8 billion.
This is a 16-fold increase over the industry's current worth, which was less than $1 billion in 2012.Image Source: Wikimedia Commons
General Motors Cut Volt's Price By Nearly $5,000
When the 2014 model arrives in showrooms later this month, they'll pay $34,995.
The price cut is applied before the tax credit, which should bring the price down to around $27,495 for those who receive the full credit.Image Source: Wikimedia Commons
Samsung Got Into Gear
In some cases, Samsung aims to release a product before Apple even commits to entering a particular market.
This seems to be the case with the smart watch. Samsung is reportedly developing something called Galaxy Gear, a device that would be worn on the wrist like a watch.
Little is known about the mysterious device, but with curved batteries coming this fall, Samsung could have the device in stores very soon.Image Source: Wikimedia Commons
Groupon Hinted At Its Future
"The way I envision it, it will be a highly curated selection of deals," Lefkofsky told AllThingsD.
"It's not going to be a big-box retailer like an Amazon or Wal-Mart; it's going to feel much more like a Costco with a select number of SKUs."Image Source: Wikimedia Commons
Samsung Expected To Build Another Dual-Screen Phone
More Tech Highlights
See what else is going on in the world of technology.
- New Report Shows Samsung Tops Apple in Customer Satisfaction (AAPL, SSNLF)
- Microsoft Tweaks Xbox One Before Launch (MSFT)
- Hewlett-Packard To Launch iPhone Competitor In 2013 (HPQ)
- Apple Wants To Restore The Grandeur Of Retail Stores (AAPL)