Weekly Highlights: Apple's Rumored 3D Printer, Apple/Beats Deal And More
Is Apple (NASDAQ: AAPL) secretly working on an all-in-one 3D printer?
That possibility proved to be one of the most interesting stories this week, but the rumor was overshadowed by continued reports that a deal between Apple and Beats Electronics was right around the corner. As of this writing, the merger still has not been officially confirmed or denied by either company involved.
Microsoft (NASDAQ: MSFT) announced that it will sell Xbox One without Kinect for $100 less than the current retail price of $499.
Livestream experienced a painful power outage.
And Comcast (NASDAQ: CMCSA) warned users that data caps are coming.
Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Forget The iWatch And iTV - Apple's Next Big Invention Could Be A 3D Printer
Apple is known for producing some of the most polished and innovative products in the world.
Many of them are visual (Mac, iPhone, iPod, iPad), so it's easy to see why analysts expect Apple to release a TV and a smart watch in the not-too-distant future.
Trip Chowdhry, the Managing Director of Equity Research at Global Equities Research, hopes that Apple releases both of those rumored products. But he thinks that the company might actually be working on something entirely different: an all-in-one 3D printer.Image Source: Wikimedia Commons
Facebook's VR Studio Snatched A Google Glass Employee
One of Google's top employees has reportedly left the company for Facebook's virtual reality division, Oculus VR.
This is an interesting development, to say the least. Facebook acquired Oculus VR two months ago to bolster its social media business.
Thus far, Oculus VR has focused exclusively on virtual reality. Google Glass, on the other hand, is an augmented reality technology that is designed to enhance users' everyday lives.
Could this be a sign that Facebook is also working on a pair of AR goggles?Image Source: Wikimedia Commons
Xbox One's Price Cut Is Big News For Microsoft, Scary News For Sony
Microsoft surprised consumers and investors alike when the company announced that its third game console, Xbox One, would receive $100 price cut in June.
The price cut comes at the expense of Kinect 2.0, which will be sold separately at a later date.
"The lower price should mean that XB1 and PS4 split the market going forward, and overall, the market probably grows by 10 percent or more from current run rates," Wedbush analyst Michael Pachter told Benzinga.Image Source: Wikimedia Commons
Apple/Beats Deal Still Forthcoming?
At this time last week, Apple and Beats Electronics were expected to merge into one unified, headphone-producing entity.
The two companies have yet to make an official announcement, which could indicate that Apple is planning to acquire a different firm -- if any at all.Image Source: Wikimedia Commons
MacBook Shipments To Rise - Is The Price Cut To Blame?
Apple is expected to ship 28 percent more MacBooks in the second quarter.
This is an enormous increase, especially for a product that has endured pressure from a maturing market.
If Apple ships more units, it would suggest that consumer demand has increased. And that could only be attributed to the $100 price cut applied to the MacBook Air.Image Source: Wikimedia Commons
Livestream Temporarily Lost Its Ability To Stream Live
Comcast Promised New Data Caps…Sort Of
The long-awaited (and long feared) data caps are coming to Comcast.
The company announced that it plans to switch to a usage-based billing model within the next five years.
In other words, users will have to pay more for data they once received as part of their monthly package.
Comcast already employs a data cap in some markets. Those who cross the 300GB limit will be charged an additional $10 for another 50GB.
If Comcast follow through on its plan, this data plan could spread nationwide.
After a day of controversy, Comcast released a statement on the matter, insisting that it has "no plans" to announce a new data usage policy.Image Source: Wikimedia Commons
Google Glass For Less Than $1,500?
Google Glass was re-released to the public this week, and this time the device doesn't seem to be going anywhere.
The augmented reality headset still comes with a hefty ($1,500) price tag, despite the fact that Google might not be spending more than $152 on each device.
On the upside, Andrew Rassweiler, Senior Director of Cost Benchmarking Services for IHS, does not think that the price will stay that high for very long.
"Does it stand to reason that they could offer, you know, a price right now on the order of magnitude of an unsubsidized iPhone or less?" Rassweiler told Benzinga. "I would say the answer is yes, very soon."Image Source: Wikimedia Commons
More Stories You Can't Miss
The preceding slideshow was just the beginning. Check out these other hot stories right here on Benzinga.
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- Apple Pioneered A Popular Tax Loophole Strategy And Saved Billions
- Will Microsoft Have A More Aggressive Xbox One Strategy At E3?