The software company puts the cost below what Apple charges for comparable versions of its iPad.

By TheStreet Staff Oct 16, 2012 2:20PM

Microsoft's Surface tablet on display © Damian Dovarganes/AP PhotoBy Chris Ciaccia logo


Microsoft (MSFT) has announced how much its Surface RT tablet will cost, and the pricing could prove that CEO Steve Ballmer was right when he said the device would be "competitive" with other tablets. (By which he meant Apple's (AAPL) iPad).


The website TechCrunch today featured a screen shot with pricing details for the ARM (ARMH) processor-based tablet. Microsoft also released pricing details today. (Microsoft publishes MSN Money.)

The 32 GB version will set you back $499. If you want one with the Touch Cover, which doubles as a keyboard, it's an additional $100. The largest Surface RT tablet (64 GB) will cost $699 with the cover. The 64 GB new iPad costs $699 as well. 


A combination of Softbank and Sprint will have revenue equal to AT&T and behind only China Mobile and Verizon worldwide.

By TheStreet Staff Oct 15, 2012 7:09PM logoMasayoshi Son, Softbank's chairman and chief executive, shakes hands with Dan Hesse of Sprint Nextel in Tokyo on Oct. 15 © Kiyoshi Ota/Bloomberg via Getty ImagesBy Antoine Gara


A year ago AT&T (T) was preparing an antitrust defense of its proposed takeover of T-Mobile USA. Now, after regulators blocked the deal, AT&T is bracing to protect its position in the U.S. wireless industry from new competition.

T-Mobile agreed this month to partner with MetroPCS (PCS) while Japan's Softbank on Sunday announced that it was  investing billions for a controlling stake in Sprint Nextel (S), the U.S. mobile industry's No. 3 player.


Softbank's $8 billion infusion into Sprint revitalizes the U.S. company's finances. It also energizes Sprint's competitiveness as an alternative national carrier to industry stalwarts AT&T and Verizon Communications (VZ).


Lenovo has closed the gap and may be the largest computer manufacturer. A bigger issue is whether either company can come up with a product to revive flagging PC sales.

By Oct 15, 2012 6:09PM
Lenovo computers being readies for shipment from a Beijing manufacturing plant © Nelson Ching/Bloomberg via Getty ImagesThe battle between Lenovo (LNVGY) and Hewlett-Packard (HPQ) for the title of the world’s No. 1 PC maker heated up after research firm Gartner said last week that Lenovo has overtaken HP by shipping more PCs in this year’s third quarter.
Lenovo shipped 13.7 million PCs during the quarter (up nearly 10% from a year ago) to nab a 15.7% market share, Gartner said, while HP shipped 13.6 million units for a 15.5% share. 

Bears lament the Internet retailer's razor-thin margins. But the stock lets investors sleep at night.

By TheStreet Staff Oct 12, 2012 6:24PM

By Rocco Pendola


On Wednesday night at 9 p.m., I ordered a Samsung television set from  (AMZN). 


The Amazon bots initially slated delivery for Saturday. However, just over four hours after placing the order, I received confirmation that my oder had been shipped and would arrive Friday.


A partnership on a new high-resolution super slab could challenge Apple's dominance at the high end of the market.

By Oct 11, 2012 5:26PM

Samsung logo © Axel Schmidt/dapd/APAs Apple (AAPL) wades into the 7-inch tablet market with the pending release of an "iPad Mini," rival Google (GOOG) is not sitting still.

Supply-chain checks suggest that Google is working with Samsung (SSNLF) to co-brand a 10.1-inch Nexus tablet intended to compete with the full-sized iPad, CNET reported.

"It's going to be a high-end device," Richard Shim, an analyst at NPD Display Search, told CNET. The new Nexus reportedly will have a higher pixel density than the Retina display featured on the latest version of the iPad. 



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[BRIEFING.COM] The stock market began the last week of July on a quiet note with the S&P 500 ending less than a point above its flat line. Like the benchmark index, the Dow Jones Industrial Average (+0.1%) also posted a slim gain, while the Russell 2000 (-0.5%) and Nasdaq Composite (-0.1%) lagged throughout the session.

The major averages were awakened from their weekend slumber with an opening retreat that pressured the S&P 500 below its 20-day moving average (1975). Even though ... More


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