This column brings you the most interesting and useful business and financial commentary on technology from around the Web every day.
Link: No Longer Unsung, Samsung Turns Up Heat on Apple
“The smartphone battle is set to go nuclear this year with Samsung planning an Apple
(NASDAQ:AAPL)-like unveiling of its Galaxy 4
(PINK:SSNLF) phone next month, and its Cupertino, Calif.- based rival set to launch a cheaper iPhone this summer.
“Both are striking at each other’s core and industry insiders expect Samsung to fire the next salvo on March 14 with the introduction of the Galaxy 4 at a New York press conference.
“'I’m sure it’ll be a good phone,' said Brian White, an analyst at Topeka Capital Markets, 'but you’re going to have the two smartphone heavyweights going head to head this year.'"
(Also read Riding the Korean Wave: How K-Pop Stars Have Helped Lift Samsung to the Top in Asia.)
Link: Apple Declines After Assembler Foxconn Stops Hiring
“Apple Inc. shares fell in early trading after Foxconn Technology Group, the biggest assembler of Apple products, froze hiring across China.
“Apple fell as much as 1.9 percent to $451.25 in early US trading and traded at $456.01 at 8:10 a.m. New York time. It declined to $459.99 yesterday.”
Link: Sony PlayStation (PS4) Console to Be Revealed in Strike Against Microsoft Xbox
(NYSE:SNE) is expected to showcase a new PlayStation console on Wednesday in a pre-emptive strike against Microsoft Corp's
(NASDAQ:MSFT) bid to make its Xbox the world's leading hub for household entertainment.
“The rare PlayStation event in New York comes amid industry speculation that Microsoft is set to unveil the successor to its Xbox 360, which beats the seven-year-old PlayStation 3's online network with features such as voice commands on interactive gaming and superior connectivity to smartphones and tablets.”
(Also read Microsoft Launches New Marketing Blitz for Outlook
Link: Google's Electronic Eyewear Gets 'OK Glass' Voice Commands
“Those are the two words that Google (NASDAQ:GOOG) showed today
will initiate a variety of commands for its Glass computerized eyewear.
“In the Google Glass 'How it feels' video
, people speak the words 'OK Glass' to send a message, record a video, take a photo, launch a video-chat hangout, conduct a search, check the weather, and get driving directions.”
Link: Netflix: Price to Sales Doesn't Work Either
“There is no argument that Netflix
(NASDAQ:NFLX) has been one of the best performers so far this year. The streaming giant rallied strongly after an impressive earnings report
, and shares have continued higher and higher. When it comes to certain names like Netflix and Amazon
(NASDAQ: AMZN), there are plenty of non-believers who look at each company's price to earnings ratio. With those ratios being sky high in recent years, investors have tried to play the short side. In recent times, that trade has not worked. Currently, Amazon doesn't even have a trailing twelve month price to earnings ratio because the company lost money in 2012.”
(Also read Netflix Subscribers More Loyal Thanks to 'House of Cards,' Survey Finds.)
No positions in stocks mentioned.