Competition is the basis of capitalism

Microsoft announce a new site, named origami. This site announces that on March 2nd we will be previewed to a brand new gadget that promises to deliver gaming, music, video, and blackberry like capabilities.

It appears that Microsoft finally has decided to tackle its competitor, apple, and come up with a way to bring down the very popular iPod. They have gone one up on apple, but will they succeed? Despite its big buzz the pocketPC became a large failure. Mine sits plug in to its USB cradle now simply collecting dust.

The bottom line is that it doesn't hurt to have competition. Competition leads to better products at better prices, maybe this will finally scare apple enough forcing them to lower their prices on their cash cow. I find iPods and all of apple products to be hugely overpriced. They introduce the iPod Video late last year and I didn't even bother to check it out since I knew its price point would be untouchable for someone like myself. Stay tuned, time will tell...