75 Ultrabook models under development: Intel

75 Ultrabook models under development: Intel

A total of 75 Ultrabook models that will run on Intel chips are under development, renowned chip maker Intel announced on Wednesday.

Intel announced the concept of Ultrabook in May last year, and since then twenty-one Ultrabook devices have already hit the market.

Ultrabook are ultra-thin laptops that are not only light, but also offer long battery life and quick turn-on times as compared with existing tablet computers.

However, currently Ultrabooks comes with heavy price tag, starting from nearly $800 upwards. Heavy price tags of current Ultrabooks put them at risk of cannibalization from popular gadgets maker Apple's ultralight, ultrathin MacBook Air, which starts at $999.

However, Intel also expects Ultrabooks' price tags to come down to as low as $699.

Kirk Skaugen, general manager for the PC Client group at Intel, said, "I think we can deliver the best of a tablet, and the best in what (users) know in a notebook."

The chip maker also claims that it has invested $300 million in companies which are developing new technologies for so-called Ultrabooks. In addition, Intel has rolled out a massive advertising campaign to promote Ultrabooks via television and Internet.


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Apollo Hospitals net profit rises 27.30%

Apollo Hospitals net profit rises 27.30%

Indian healthcare major, Apollo Hospitals Enterprise has said that its net profit has risen 27.30 per cent to Rs. 75.52 crore during the fourth quarter of the financial year till March, 2013.

The company recorded the impressive growth due to strong performance for in the healthcare services and pharmacy segments of the company. The company had recorded a net profit of Rs. 59.32 crore for during the same quarter of the previous financial year, the company said in a statement.

Golf futures trading at Rs. 25,427

Golf futures trading at Rs. 25,427

According to the latest figures available, the gold futures for May were trading 1.6 per cent or Rs. 408 lower at Rs. 25,427 per 10 gram this noon at the Multi Commodity Exchange.

Gold futures for May have fallen for the seventh straight session in the Indian market. Gold prices have faced the pressure in the market due to heavy selling in the global markets. The confidence in the gold investment is falling as investors find other avenues for investment and this indicates that the price of gold might fall further in the year.