Tech wrap: Amazon plans Android tablet
Take note, Apple. Amazon.com wants to steal more of your customers. The online retailer plans to release a 9-inch tablet computer this fall that will run on Android software, the Wall Street Journal reported, citing sources familiar with the matter.
The company is building at least 1.5 million Amazon-branded devices for the third quarter and is aiming to ship 4.5 million to 5 million by the end of the year, according to a recent analyst note. The move should help Amazon expand its reach as the world’s largest Internet retailer and increase sales of digital content such as e-books, music and videos, posing more competition for Apple’s iTunes store.
Of course, Amazon isn’t the only tech company looking to step up its game against Apple. Microsoft COO Kevin Turner announced at a conference that the software company will open 75 new retail stores over the next two to three years in an effort to take on Apple’s bricks-and-mortar outlets. Judging by a graphic published alongside the TechCrunch story, many of the new stores will be opening in the North East region of the U.S. where the company currently does not have any outlets.
The Netflix backlash continues. Thousands of subscribers took to the company’s blog to complain about the company’s plan to hike the price of its streaming-and-DVD package by 60 percent. “Who’s genius idea is this crap?” said one commenter on the Netflix blog, promising to cancel their service. According to a poll on Silicon Alley Insider, 41 percent of readers who took the survey said they plan to cancel their Netflix subscription.
Google reports its quarterly results on Thursday. The company’s recent investment spree and shrinking profit margins will draw investor scrutiny following an eventful quarter when the company launched the Google+ social network and the government disclosed a probe of its business practices, writes Reuters correspondent Alexei Oreskovic in his preview of tomorrow’s numbers.