3 Tech Titans Making Noise: Apple’s All About the Products, Amazon’s New York Activity, and Microsoft’s Windows Launch Date
Apple Inc. (NASDAQ:AAPL): “There doesn’t appear to be much to agitate for,” said UBS’s Steve Milunovich regarding Carl Icahn’s newly revealed position in the iPhone maker. He pointed out that the company is already on track to repurchase about 5 percent of its float and that the dividend yields 2.5 percent. Milunovich is instead focused on Apple’s new slate of products, with the iPhone 5S and 5C expected to be introduced in September.
Amazon.com (NASDAQ:AMZN): Rumors that Amazon is bringing AmazonFresh to New York are appearing more substantial, as the company has reportedly purchased a 964,000 square-foot facility across the Hudson River in New Jersey. AllThingsD is also reporting that the company is hiring for its new location, though the descriptions did not include any grocery-related tasks. PeaPod and FreshDirect are the incumbent grocery delivery services, the latter of which has been in business for 10 years and brings in $400 million annually.
Microsoft (NASDAQ:MSFT): Microsoft revealed that Windows 8.1 downloads will be made available October 17, with a full retail launch slated for October 18. OEMs are expected to receive the Release to Manufacturing build in the coming weeks. The new OS will feature app updates, new tile sizes, more personalization options, a boot-to-desktop option, and better keyboard/mouse navigation and settings controls.