Tech Roundup: GOOGL Enterprise Push, AAPL Investment, WDC-Toshiba Deal [Zacks] Sejuti Banerjea ZacksSeptember 1, 2017

News, Technology News

Alphabet (GOOGL) launched its Chrome Enterprise subscription to challenge Microsoft (MSFT), Apple (AAPL) is likely beefing up Apple Music while Western Digital (WDC) looks set to acquire a stake in Toshiba Memory.

Alphabet (GOOGL) launched its Chrome Enterprise subscription to challenge Microsoft (MSFT), Apple (AAPL) is likely beefing up Apple Music while Western Digital (WDC) looks set to acquire a stake in Toshiba Memory.

Google’s Chromebook Heads for the Enterprise

Google has announced a service called Chrome Enterprise for $50 per chromebook per year. This compares with Microsoft’s $84 per user per year for Windows 10 Enterprise E3. Theoretically, Microsoft may be slightly cheaper because a person may be able to use the service on more than one device. We don’t know yet if Google will offer bulk discounts

RBC Positive About Apple Investment

Apple’s billion dollar earmarking for content has got a lot of speculations going. While a WSJ report earlier said that the amount would be spent for Hollywood content to help Apple compete with stuff from Netflix, Amazon and the like, RBC analyst Amit Daryanani says this is unlikely to be the case. And it makes sense what he says, that the amount is small compared to the $6 billion Netflix is spending or the $4 billion Amazon is spending for content. And Apple’s earlier attempts in the area also haven’t been so successful. So it will most likely be used to beef up Apple Music to better compete against Spotify.

Western Digital Consortium To Buy Toshiba Chip Unit After All

Kyodo News reports that Toshiba is finally on the brink of approving a deal to sell a majority stake in its memory chip business Toshiba Memory to Western Digital, KKR & Co., Innovation Network Corp. of Japan, Development Bank of Japan and others. Western Digital has agreed that its voting rights will be limited to a third so it doesn’t play a major role in deciding management issues. Toshiba is in a hurry to sell the business after its American nuclear power unit went bankrupt and the company was forced to report a huge loss

Ticker Price Change Last Week Price Change Last 6 Months
AAPL +1.50% +16.98%
FB -0.65% +22.80%
GOOGL +0.47% +9.75%
MSFT +0.46% +12.68%
INTC -0.97% -5.08%
CSCO +3.52% -8.39%
AMZN -1.37% +11.83%

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