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Technology Amazon Unveils High-End Echo Speaker, Sending Sonos Shares Lower

02:55  26 september  2019
02:55  26 september  2019 Source:   bloomberg.com

Sonos' portable smart speaker leaks in greater detail

Sonos' portable smart speaker leaks in greater detail There might not be much of a surprise left by the time Sonos unveils its first portable speaker. The crew at WinFuture has obtained pictures and details that appear to offer much clearer idea of how the hybrid smart speaker will work -- including what it's called. Known as the Sonos Move, it won't be just a slightly squashed Sonos One with a battery. There looks to be a recessed grip to help you tote the speaker from place to place, and that's where you'll also find the previously rumored toggle between Bluetooth (portable) and WiFi (home) connections.

Amazon .com Inc. introduced the Echo Studio, a high - end speaker to rival Sonos Inc. devices, the Apple Inc. HomePod and Google Home Max. Amazon said Universal Music Group, Sony Music Entertainment, and Warner Music Group are helping to support higher-quality audio for the speaker .

Amazon 's Echo Studio, a new higher - end version of its Echo smart speaker , is designed to compete with Apple's HomePod. Amazon also unveiled a new version of its main Echo smart speaker today, which features improved sound quality with new Neodymium drivers and a 3-inch woofer.

(Bloomberg) -- Amazon.com Inc. introduced the Echo Studio, a high-end speaker to rival Sonos Inc. devices, the Apple Inc. HomePod and Google Home Max. Sonos shares fell 3% to $14.23 following the news.

The Echo Studio has three mid-range speakers, a tweeter and a bass. It integrates Dolby Laboratories Inc.’s Atmos audio technology and works with Amazon’s new high-definition music service. Amazon said Universal Music Group, Sony Music Entertainment, and Warner Music Group are helping to support higher-quality audio for the speaker.

The new device looks similar to the HomePod, making it noticeably larger than any existing Echo. The speaker costs $199 and is available to preorder on Wednesday. Amazon also unveiled a new Echo Show with an 8-inch screen that costs $129.

To contact the reporter on this story: Mark Gurman in San Francisco at mgurman1@bloomberg.net

To contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Alistair Barr

For more articles like this, please visit us at bloomberg.com

©2019 Bloomberg L.P.

Spotify’s free streaming will work with Alexa and Bose speakers .
You no longer need a Spotify Premium subscription to listen to your Spotify playlists on Alexa, Bose or Sonos speakers. Last week, Spotify announced that Free users could finally listen on Sonos speakers. Today, it's extending that capability to Alexa and Bose speakers, too. For the first time, Free users in the US, Australia and New Zealand will be able to play Today's Top Hits, Discover Weekly or custom playlists on Amazon Echo and Fire TV devices. Or, Free users can stream through the Bose Home Speaker 300, Home Speaker 450, Home Speaker 500, Portable Home Speaker, Soundbar 500 or Soundbar 700.

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