Friday, May 23, 2014

Microsoft Boldly Goes Bigger With Surface Pro 3


      Microsoft on Tuesday unveiled its latest iteration of the Surface tablet at a New York City event. The Surface Pro 3 is slightly larger, with a screen size of 12 inches diagonally, instead of the 10.6 inches of previous models. It is also thinner, at 0.36 inches, and weighs a mere two pounds.
Surface Pro 3
The Surface Pro 3 will sport such business-essential software as Photoshop, which has been adapted to be compatible with the device's hardware.
Its chief selling point, though, is the Surface Pro 3's ability to serve as both a laptop and a tablet, Microsoft said.
Users can write on it with a pen like they would with an old-school pad and pen; they can secure it on their laps to work while en route to a meeting; or they can use it as they would a laptop.
To that end, Microsoft made a number of tweaks, including upgrading the kickstand so it can accommodate a range of angles, all the way back to 150 degrees. Earlier iterations only offered the user two different slants.
It is also offering an updated cover that is thinner to protect the screen. Finally, the keyboard has an improved trackpad.

A Potent Argument

For business users, these tweaks could add up to a potent argument to make the shift to a Surface Pro.
"I can't tell you how long I have wanted a device that would keep me from having to carry around both a tablet and a laptop," said Roy Chomko, president of Adage Technologies.
Chomko has been using Microsoft's products for years, and just weeks ago he acquired a Lenovo Yoga 2 (11 inch).
He likes his new device but predicted the Surface Pro 3 will make even deeper inroads into the enterprise.
"The new form factor is bigger, and I think business people want that so they can use it on the train, for example, or in an airport, comfortably," he told TechNewsWorld.
The new kickstand means it can be better incorporated into an office setting, he added.
Pricing for the Surface Pro 3 line, which will include five models, begins at US$799. The entry-level version will have 64 GB of storage, 4 GB of RAM and an Intel Core i3 processor.
The top model will market for $1,949 and come with 512 GB of storage, an Intel Core i7 processor and 8 GB of RAM.

'Good Specs'

The specs are great, Laura DiDio, principal of ITIC, told TechNewsWorld. "They fit with what business users want -- a lighter, more agile and more powerful mobile device."
That said, it is by no means certain that the Surface Pro 3 will be any more popular than its older siblings have been.
The first Surface was introduced with a splash in 2012, but it went on to post lackluster sales.
The second model came out last October and received an equally tepid market reception.
"Microsoft's issue is more one of perception than any actual product lack," Didio said. "Also, they are fighting an increasingly crowded market."
Microsoft made much of the Surface Pro 3's ability to go head to head with the MacBook Air during the demo, but that might have been a waste of time, DiDio suggested. "Microsoft just doesn't have the same cachet as Apple."

Undeserved Rep, Big Risk

Microsoft has gotten something of a bad rap for its hardware, and in the case of the Surface, it isn't deserved, Charles King, principal analyst with Pund-IT, told TechNewsWorld.
"Obviously, the Surface has not performed as well as Microsoft had hoped it would," he said.
Microsoft is taking something of a risk with this design, King added. "Not everyone thinks bigger is better for a tablet," he noted.
On the other hand, "maybe the market does need a new approach or style," King said.
Is the Surface Pro 3 different enough from other products to make a difference?
"You can argue form factor differences and so on, but a two-pound, 12-inch Surface Pro looks a lot like many Ultrabooks out there," King said.
"Boldness comes at a price," he noted, "and with this device, Microsoft is now a direct competitor with many of its PC OEM partners."



Flipkart acquires Myntra


Flipkart acquires Myntra
Flipkart expects orders made using mobile phones to account for a significant part of sales in 18-24 months.
BANGALORE: Marking the biggest consolidation in the e-commerce space in India, homegrown e-retailer Flipkart has acquired online fashion retailer Myntra in an estimated Rs 2,000 crore deal.

While the companies did not disclose the deal size, sources suggest the deal could be worth about Rs 2,000 crore.

"It is a 100% acquisition and going forward, we have big plans in this segment. Flipkart and Myntra are getting together to create one of the largest e-commerce stories and together we will dominate the market," Flipkart co-founder and CEO Sachin Bansal told reporters here.

Asked about valuation, the companies declined to comment. "We, at Flipkart, believe that we want to be leaders in every segment and fashion is a category of the future, this acquisition will help us become leaders in this category," he said.

Sachin said Flipkart will invest $100 million (around Rs 600 crore) in its fashion business in the near-term.

Flipkart, which started in 2007 as an online bookstore, sells products across categories, including fashion and electronics. It also sells white goods and furniture.

The move is expected to help Flipkart strengthen its apparel portfolio and compete more aggressively with peers like Amazon and Snapdeal.

Myntra will continue to operate as a separate entity with its co-founder and CEO Mukesh Bansal joining Flipkart board and heading the fashion business.

"It was very essential to keep Myntra a separate entity and preserve its culture. I'm here for the long haul and we will continue to grow in the market," Mukesh Bansal said.

India's e-commerce market has seen huge growth in the past few years as more people log on to the Internet to shop. While apparel and electronics are bestsellers for most e-commerce firms, categories such as home decor and household items are also popular.

The industry, estimated to be worth about $3 billion currently, has firms such as Snapdeal, eBay and Amazon which follow the marketplace model.

Led by increasing Internet penetration and youngsters shopping online, Flipkart's annualised sales crossed $1 billion (over Rs 6,100 crore) a year ahead of target. It had estimated to reach the billion dollar mark for gross merchandise value by 2015.

Flipkart, which also operates under the marketplace model allowing retailers to offer products on its platform, has since its inception raised over $500 million from investors.

The Bangalore-based firm, founded by Sachin Bansal and Binny Bansal, counts Naspers, Tiger Global, Accel Partners, Dragoneer, Morgan Stanley, Sofina and Vulcan Capital among its investors.

Last year, Flipkart raised $360 million from private equity firms, one of the largest funding deals in the Indian e-commerce space.

Myntra sells products from over 650 brands like Nike, HRX by Hrithik Roshan, Biba and Steve Madden and clocked revenue of about Rs 1,000 crore in the previous financial year.

It aims to double its revenue in this financial year as it expands its seller base and adds products.

Myntra has about 100 sellers on board and plans to increase this number to 1,000 by fiscal end.

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