The company's results got a pick-me-up from an after-tax gain stemming from adjustments to its pension and benefit plans.
The cheaper price represents a major shift for Microsoft, as does a decision to drop the $60 annual fee to access streaming content such as Netflix and YouTube.
The update has been seeded to developers, but has yet to be made available to the public.
Google is spending £1.9bn to snap up Nest, a company that connects your home to the Internet.
The Xbox One Media Remote is a must-have accessory that makes it much easier to accept a gaming console as the hub of your living room.
The specs of Motorola's Moto X Phone have leaked, and it looks like it'll give the likes of the iPhone a run for its money.
Les Moonves suggests Amazon paid $700,000 per episode to his broadcast network for the right to stream the Stephen King sci-fi drama four days after broadcast, a first-of-its-kind deal.
The latest forecast from IDC for smart connected devices sees 1.7 billion shipping in 2014, with around 1 billion of those arriving in emerging markets.
The iPad Air, Apple's fifth-generation iPad, weighs just 1 pound, is 7.5mm thick and boasts its new A7 processor, making it eight times faster than the iPad 4.
The electronics retailer will offer the minimum credit for all working iPads and iPad Minis released after the iPad 2.