Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL), China Mobile Ltd. (ADR) (NYSE:CHL), QUALCOMM, Inc. (NASDAQ:QCOM), Google Inc (NASDAQ:GOOG)
Xiaomi Beats Apple to Smart TV With $490 Set Coming Next Month (BusinessWeek)
Xiaomi Corp., the smartphone maker that outsells Apple Inc. (NASDAQ:AAPL) in China, has beat it on another front. The Chinese company will soon offer a TV that connects to the Web and runs on the Android operating system. The 47-inch (119-centimeter) TV costs 2,999 yuan ($490) and will be available next month, Lei Jun, founder and chief executive officer of the three-year-old company, said at a press conference in Beijing today. Lei also introduced a new handset he said would be the world’s fastest smartphone.
‘Fast Money’ Recap: Waiting for Apple (TheStreet)
The broader markets were led higher by technology stocks and closed modestly in the green on Wednesday. Apple Inc. (NASDAQ:AAPL) didn’t get much of a lift on Tuesday from sending invitations to a Sept. 10 announcement. However, on Wednesday, the stock moved higher on speculation the company may have a deal with Chinese telecom giant China Mobile Ltd. (ADR) (NYSE:CHL) after it was revealed Apple has an announcement scheduled in China shortly after its U.S. announcement on Sept. 10.
Samsung, Qualcomm launch smartwatch, Apple and Google may join race soon (TelecomTiger)
Global tech giants are now vying for smartwatch with Samsung and QUALCOMM, Inc. (NASDAQ:QCOM) launching the next generation devices with features of a smartphone on Wednesday. …Apple is also reportedly working on similar iWatch with features of a smartphone.Reports appeared in February this year suggested that Apple is believed to be testing a device which many reports call a smart watch with features of a smartphone.
Nestlé takes a dig at Apple as Google launches KitKat OS (BestMediaInfo)
Mega brands have a way of making the best of big occasions. Google Inc (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL), Nestle – the pack can’t get bigger than this. Coinciding with its 15th birthday celebrations, Google announced that the name of the latest version of its Android mobile OS will be KitKat! The name of its latest OS may have surprised many, but then, Google has for the first time tied up with a mega brand for a launch. And this was a good enough trigger for Nestle to come out with a spoof on Apple, which is locked in a fierce global market battle with Google Inc (NASDAQ:GOOG) in the mobile arena, on the KitKat website.
Apple’s iOS 7 isn’t for you. But you should upgrade anyway (NewStatesman)
There’s been a pattern with recent versions of iOS, the operating system which runs iPhones and iPads (and iPod Touches, the forgotten bottom rung of Apple Inc. (NASDAQ:AAPL)’s mobile strategy). Users see shiny new features, and upgrade in a rush. Then, after a few weeks of having fun with them, they find that the underlying problems they had with the operating system haven’t really gone away, and that the vast majority of the features are more like gimmicks than actual improvements.
