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Stock impact report

Amazon announces a high-end $99 Echo to compete with Apple’s HomePod [TechCrunch Blog]

Dolby Laboratories (DLB) 
Last dolby laboratories earnings: 1/29 04:15 pm Check Earnings Report
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Company Research Source: TechCrunch Blog
Amazon announces a high-end $99 Echo to compete with Apple’s HomePodToday’s the big day at Amazon headquarters in Seattle. The company promised a day of big announcements, kicking things off with the announcement of a high-end Echo, a long-awaited replacement for the first generation device. The product is a higher end version of the original home assistant, designed to compete with Apple’s HomePod, but at the much more stomachable price of $99.The new assistant is available starting today, bringing with it a more premium sound, including a dedicated woofer and tweeter, along with Dolby sound. The device also features the second generation of Amazon’s far-field technology, the microphone array the company uses so Echo can play nicely with other devices.As initially rumored, the product features a higher-end cloth covering, though what’s unexpected, is that the product also features six different shells, so the Echo can be coordinated for various rooms in the home.The long-awaited upda Show less Read more
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