The Seattle Times: Business & Technology: First of Microsoft's media handhelds set for August sales

The Seattle Times: Business & Technology: First of Microsoft's media handhelds set for August sales "Microsoft is announcing today that the first Portable Media Center — its handheld device that can play video and audio files — will go on sale next month for $499.
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With the announcement, Microsoft is jumping into a portable media-player business that has been focused on music and is dominated by Apple's iPod music player. The iPod doesn't play video — and Apple hasn't said whether future versions will — but handheld video players from other companies are starting to hit the market.
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Mike McGuire, a research director with GartnerG2, said it will be interesting to see how people react to the Portable Media Center's price tag and concept.
"There are a whole bunch of portable media centers that are out there in the market already," he said. "They're notebook computers."