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Microsoft will cut Xbox One price, but only if it falls behind the PS4 in sales

Techie Blog

Microsoft is prepared to lower the price of the Xbox One, but only if it falls behind in the race with the PS4.

That’s the opinion of Wedbush analyst Michael Patcher.

However, he doubts that it will be necessary, especially since the u-turn on its DRM policies for the Xbox One.

Speaking to investors, he said that he believes Microsoft could still emerge out on top of the next generation, despite the false start.


“Microsoft intends to offer a more robust hardware bundle than Sony will offer, and Microsoft is convinced that consumers will ultimately appreciate the value proposition presented by Kinect,” Pachter told investors.

“Microsoft has not done a particularly good job of communicating the value proposition to consumers, but today’s announcement will remove an impediment to the company’s ability to get its message across.

“We are confident that with six months of focused messaging, Microsoft…

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LG announced the launch of Nexus 4 in white cloure

Review Everything

LG Electronics (LG) announced the launch of Nexus 4 White, the newest edition of the popular smartphone developed in collaboration with Google.

Nexus 4 White features the same stellar Android experience as the original Nexus 4, combining LG’s sophisticated hardware design and popular Google Services such as Google Now and Photosphere for an outstanding overall user experience.

“Nexus 4 set the standard for Android 4.2 Jelly Bean smartphones,” said Dr. Jong-seok Park, president and CEO of LG Mobile Communications Company. “Nexus 4 White delivers the same Google experience to consumers in a stylish and attractive color option.”

Nexus 4 White comes with the superb 4.7-inch 1280-by-768 True HD IPS Plus display (320ppi) supported by Zerogap Touch technology. At its heart is the high performing Qualcomm Snapdragon™ S4 Pro processor and 2GB of RAM.

Starting in Hong Kong on May 29, Nexus 4 White will roll out globally in select markets in…

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Samsung Investors Worried

 This article is a report from http://mashable.com/2013/06/07/samsung-galaxy-s4-investors/

Samsung‘s stock price dropped 6% on Friday, erasing $12 billion in marketing value as investors fretted about the company’s smartphone strategy.

In particular, Samsung’s decision to offer stripped-down versions of its Galaxy S4 worried analysts and investors who think the move may eviscerate profit margins. Sales of the S4, initially Samsung’s fastest-selling smartphone, have also fallen off since the device’s introduction in April.
 

“Sales of high-end handsets are lagging behind expectations, while low- to mid-end handsets are selling briskly worldwide,” Kim Young-chan, an analyst at Shinhan Investment Corp., told Reuters. “As the portion of low- to mid-range handsets is expected to increase in Samsung’s overall mobile phone business, this has also sparked concerns about thinning margins and lower growth.”
 J.P. Morgan analyst J.J. Park also told The Wall Street Journal that third-quarter sales for the S4 would likely “disappoint,” and that “supply chain checks show monthly orders have been cut 20%-30% to 7 to 8 million units (from 10 million) starting July.”

Another analyst, Kim Hyun-yong, at E*trade Securities, told the Journal that since Apple is expected to announce a trade-in program for older phones and a new cheaper iPhone, “overall growth prospects for (Samsung’s) smartphone business have dimmed.”

Samsung’s stock price finished trading on Friday in Seoul at its lowest level in four months.