
Leaked PS6 specs put the PS5 to shame and may be much cheaper than we thought
Our latest leaks come from our old friend over at Moore's Law is Dead (MLID), who has shared what they claim to be from an AMD presentation from 2023. As always, MLID goes into all the nitty-gritty details of the chips, compte units, bits, and other technical jargon if you want the full deep dive. If not, the most important takeaways here are that the PS6, which is codenamed 'Orion', will reportedly be 3x faster than the base PS5 and draw less power. But the real bit of juicy info is that MLID thinks that the specifications outlined here mean Sony would be able to keep the price at around $500.
Further details state that the PS6 will be comparable to an RTX 4080 in terms of performance, with better Ray Tracing, full backwards compatibility with the PS5 and PS4, and plans to begin manufacturing in late 2027. If all these specs are true, we could see games run at 4K 60FPS or 8K 60 on the PlayStation 6 thanks to PSSR.
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Now, before we get too excited about all this, remember that these are still just leaks. While MLID has proven to be reliable in the past, it is important to always take information like this with a grain of salt, and that is especially true here since the information claims to be from 2023. Even if it is legitimate, a lot could have changed in the two years since. Still, this new price estimate is far more palatable than the previous one that breached $1,000.

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WIRED
12 minutes ago
- WIRED
What Happens to Your Data If You Stop Paying for Cloud Storage?
Hit by subscription fatigue? Here's what happens to your files and photos if you cancel your paid storage plan. Photo-Illustration:If it's been a while since you added up how many digital subscriptions you're paying for, it's likely to be more than you think: streaming services, software packages, games, AI bots, health and fitness wearables ... the list goes on. You can add cloud storage subscriptions to that list too. Apple, Google, and Microsoft offer very little in the way of free storage in the cloud, which means if you want the convenience of having your photos, videos, and other files safely backed up and accessible on every device, you're probably going to have to pay for it. What if you don't want to have these subscriptions for life, though—what if you've found a better option for your backups and storage (and there are plenty of options out there)? You might be wondering what happens to the years and years of files you've amassed in the cloud if you cancel your storage subscription. While we can't cover every single cloud storage service here, we've picked four of the main ones below. Here's what happens to your data if you stop paying, and what you need to do with your files before hitting the unsubscribe button. Apple iCloud You can manage your iCloud subscription from any Apple device. David Nield Pricing for Apple iCloud storage starts at $0.99 per month for 50 GB of space, and you get extras like Hide My Email included too. You can manage your subscription from your iPhone by going to Settings, tapping your name and then Subscriptions, and from System Settings on a Mac by selecting your name, then iCloud. If you cancel your iCloud storage, you go back down to the free allocation of 5 GB. If you currently have more than that in the cloud, you won't be able to make new backups or sync any new files until you've freed up some space—so you'll need to delete files to add any new ones. What Apple is less clear about is what will happen to your existing data. The official documentation implies, but doesn't specifically say, that your files will be kept in a read-only state, with no backups completing until you delete files or increase your storage plan. The iCloud terms and conditions state that if you've not backed up a device for 180 days, Apple 'reserves the right' to delete any existing backups (including photos and videos)—so it may delete your files, and it may not. Given this timeline, it's unlikely that anything will happen to your files immediately after you cancel, though we'd recommend getting your iCloud files backed up somewhere else as soon as possible—bearing in mind that any local copies of this data you have won't be affected by canceling your iCloud storage plan. Google One Google Takeout lets you download everything in your Google storage. David Nield If you pay Google for cloud storage, your pricing options start at $1.99 per month, which gets you 100 GB of space in the cloud. As with Apple, there are extras attached, and you can manage your current plan via the Google One dashboard on the web. Choose to unsubscribe from your Google One package, and you go back down to 15 GB of storage space, across Gmail, Google Photos, Google Drive, and Google's other apps. For all the time you're over that limit, those apps will essentially freeze—as in, you won't be able to send or receive emails in Gmail or create new files in Google Docs. You won't be able to sync new files to Google Photos or Google Drive, either. Google says if you stay over the free storage limit without paying, 'all the content that counts toward your storage quota may be deleted'—so as with Apple, there's a 'may' in there. Your files are safe from this fate for two years after canceling, but unless you want your Gmail and other Google apps to become pretty much unusable, you'll need to free up some space or back up your files somewhere else. Thankfully, you can download everything from your Google cloud storage quite simply, via Google Takeout. Microsoft OneDrive OneDrive is tightly integrated into Windows. David Nield As with Apple and Google, Microsoft OneDrive storage comes with bonus goodies included, not least Microsoft Office at the higher storage tiers. The most basic one, which gives you 100 GB of room, will set you back $1.99 a month. You get 5 GB of OneDrive cloud storage space for free with a Microsoft account, and if you cancel your subscription, that's what you go back to. As per Microsoft, as long as you're over that limit and not paying, you won't be able to sync any new files. Existing files will remain, but in a read-only state. You also won't be able to send or receive emails in or Teams messages with attachments. Microsoft gives you six months to decide what to do with the files in your OneDrive account, after which it 'may' (there's that word again) decide to delete the files you have on Microsoft's servers. Once they're deleted, Microsoft warns, they're gone forever. If you need these files, you need to download them and move them somewhere else (the OneDrive clients for Windows and macOS can help here). Unlike Google, Microsoft treats its cloud storage and email storage services separately. You get 15 GB of cloud space with Outlook for free, and 100 GB of space if you pay $1.99 a month (on top of the other 100 GB). You can't send or receive email if you are over your limit, so you'll need to clean up your inbox to start using it again. Dropbox You can sync your Dropbox files to Windows or macOS using the desktop clients. David Nield We can't cover every single cloud storage service in this article, but here's one more: Dropbox. Dropbox users get 2 GB of storage space in the cloud free of charge, and then the paid plans begin at $9.99 per month for 2 TB of space. If you store more than 2 GB of files in your Dropbox, and then stop paying, nothing happens to those files: They will just stay as they are, in the cloud, and on your synced devices. However, you won't be able to add new files, and any changes you make locally to files won't then be synced to the cloud. There's no expiration date on your files either—they'll just stay as they are permanently. Presumably Dropbox wants to encourage users to sign up for another paid plan somewhere down the line, at which point you can pick up where you left off. You can use the Dropbox clients for Windows and macOS to sync files from the cloud to your computers, and from there to other locations and backup services. Once files are moved out of or deleted from your Dropbox folder on your computer, they'll be wiped from the cloud too.
Yahoo
39 minutes ago
- Yahoo
Apple's Innovation Slows as Valuation Stays Rich
Apple Inc. (NASDAQ:AAPL) recently held its WWDC 2025 presentation, and as always, some new developments were expected, which the company did deliver, but they fell far short of expectations or of being factors that would really change the thesis. And that, in my view, sums up Apple today. There is nothing wrong with the company (just as there was nothing exactly bad about the event), it is still quite solid and has huge moats, but in my view, the premium remains unjustifiable, and therefore, the total return, or IRR, is quite low with the current market cap. Before talking about WWDC 2025, let's talk about 2024. At the same event last year, the company revealed a number of interesting things for its operating systems. A series of features related to customization, a lot of interesting things for the iPad used with the Apple Pencil, and most importantly, Apple Intelligence. And this Apple's AI seemed very promising to boost its product cycle, and the company needed that. So, it was something that took away the burden of Apple being a loser in the AI race and put it back in the forefront, reinforcing the thesis that with its loyal user base and diverse products, it would be able to apply and monetize this well. Well, Apple Intelligence didn't exactly fail; its features are useful, but it's worth mentioning that it wasn't quite what it seemed to be a year ago. Some things still need to be improved, and all that. But the point is that, especially when compared to last year, this year's event can be labeled as disappointing. The main novelty of WWDC 2025 was Liquid Glass, an interface update that was even a little controversial, with some users concerned about how the interface will be in the next iOS, and some other features that even seem reasonable. But the point here is, there was no super innovative feature, nothing like Apple Intelligence, no eye-catching point related to AI or the like. And that may not seem super worrying, and it really isn't, since it's a conference more focused on software and the company will still have the opportunity to surprise us with the launch of the iPhone 17, but still, it's as if Apple missed an opportunity to prove itself, and it still needs to do that. When we analyze the last quarter, revenue was $95.3 billion. This gives us a YoY growth of 5.2%, which is already enough for compounding when dealing with a premium company like this. The problem is that in products, growth was less than 3%, i.e., what sustained this entire increase was the main bullish pillar of the thesis today: services. Services revenue grew almost 12% YoY. In addition to driving revenue, services are also driving gross margin, which reached 47%. This is clearly a very important pillar for Apple, and will most likely be the main generator of value in the coming years. There is nothing wrong with that, except for some uncertainties and dependence. First, there are uncertainties in services. Even if the company manages to continue adding more services and subscription prices grow at a reasonable pace, there are many regulatory uncertainties. Apple has already faced legal challenges regarding Apple Store fees, for instance. If the company has to lower this fee or open up part of its system for some reason, and this results in lower revenue from its platforms, we may see a slowdown in services growth. The second point is dependence. In my view, the moats are clear, but the valuation is also premium. Therefore, it is not possible to credit the entire value of the thesis to services. There also needs to be clearer triggers for its products, whether the company is implementing new features, innovating in the next iPhones, or creating/exploring new markets, as was the (so far unsuccessful) attempt with Apple Vision Pro. It is worth mentioning that both services and products, even with a loyal fan base and a complete ecosystem that ends up being a barrier to exit, are exposed to the risk of competition. Samsung Electronics Co Ltd (SSNGY), for instance, has been doing a good job with its smartphones in terms of AI integration. India is an emerging market and is one of the triggers for Apple due to premiumization trends in emerging countries as people's incomes increase and they are able to buy their first smartphones and also migrate to more premium products. But even though this is one of the pillars for enhancing revenue growth, the competition is clear. In the table below, we can see that Apple posted YoY growth of 23% in the Indian market in Q1, but Vivo, Samsung, and other Chinese brands such as Oppo, Realme, and Xiaomi are doing very well too. This raises the bar for Apple and means that its strategies, innovation, and product appeal need to be even greater. As for the gurus, many are reducing their positions in Apple, and not just Warren Buffett (Trades, Portfolio). Some examples are Mario Gabelli (Trades, Portfolio), Li Lu, Tom Russo (Trades, Portfolio), and several others, as this tab shows. Many of these investors are stock pickers, care about value investing, and/or have low portfolio turnover, which indicates that Apple is not really compelling enough to make reducing positions an appropriate tactic. The 10-Year Treasury yield is currently at 4.5%. This means that if we used a discount rate of 4.5% for Apple's projected free cash flow, we would be asking for a 0% equity risk premium. To show how the current valuation is not so compelling, let's make optimistic assumptions. For the growth stage, let's assume a 10% CAGR for FCF. For the terminal stage, let's estimate 6%. Discounting this at a rate of 5% gives us a fair value of $197, still below Apple's current price. It is worth mentioning that this is only a proxy for fair value. It is possible to argue that Apple will not generate free cash flow for only 20 years, and that in good cycles it may present a CAGR above 6%. In the last decade, for example, this FCF grew by about 13.7% per share, a result not only of free cash flow growth but also of buybacks. But in my view, this scenario is enough to show that the current price does not offer a high margin of safety. Believing that the indicators will continue to grow at a consistently good pace and discounting at an incredibly low rate (0.5% equity risk premium) is very optimistic, and even then, there would be no upside. Apple is a premium company and deserves to be recognized for that. Its excellent track record, great profitability figures, strong margins, stable cash flow, and the prospect that it will continue to grow at a healthy pace really need a premium valuation. The question is just how premium it should be. The forward price-to-earnings ratio of 30x shows that for a reasonable upside, the company needs to surprise, and even if this scenario exists, it is not guaranteed. Therefore, at the current price, I am still more cautious about Apple. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


CNET
41 minutes ago
- CNET
I've Installed Security Cameras on Every Kind of Base and Mount: Here's What I Recommend
There's one important security cam decision needed that many don't realize until they've already bought their camera and are unpackaging it. I've covered where you should put it but what about how you put it there? In other words, what kind of base is right for that spot? Security cameras offer many mounting options, like magnetic bases, mounts that you screw into the wall, adhesive tape for when you don't want screw holes and others. You need a base that allows you to angle the camera but also keeps it where you put it and makes it easy to remove for battery recharging if necessary. That's a lot of demands. Here's what I've found works best. So, which camera mount is best? Magnetic mounts are some of my favorite camera installations. Chris Monroe/CNET The best camera mounts remain versatile while offering reliability in all kinds of conditions. My personal favorites are screw-in or wire-in mounts that use magnetic connectors for the camera so you can easily adjust or remove it. That includes Google Nest options, custom Arlo magnetic mounts and certain Tapo cams. However, traditional screw-in bases have their advantages and wireless shelf mounts have a versatility that's hard to beat. However, if you're using an adhesive mount or light bulb socket mount, I've found these options are much more limited in where they can go. I'll take each choice one at a time so you can see what I mean. Screw-in wall bases The Blink Outdoor 4 has an adjustable mount that's sturdy enough to stay at the right angle. Tyler Lacoma/CNET Screw-in bases use a couple of screws to attach a camera base to a wall, so users can then attach the camera to the base and angle it. It's a no-nonsense approach that's reliable for outdoor camera installation, especially wireless cameras (they work on indoor walls, too). You don't have to worry about the base falling down in a windstorm and they're pretty hardy against other elements. The only trick with screw-in bases is that you need to find the right spot and material to screw them in. That can be harder than it sounds. Screwing into stucco, for example, doesn't work well without specialized components and may damage the stucco. And my house has fiber cement siding, which you can't drill through, so many prime locations for security cameras are off limits. These cases require a little creativity, like finding siding, eaves or a fence post that you can screw into safely -- preferably non-structural wood. Screw-in base with magnetic mount Magnetic mounts make cams easy to adjust and charge. Chris Monroe/CNET Another type of screw-in mount uses a magnetic base instead of a physical latch-on design to attach the camera. Nest's outdoor floodlight is one example of how these magnetic bases work but Tapo and many other brands also have them. This is my favorite version of screw-in mounts. The cameras are so easy to pop off and clean, or make small adjustments to the angle to get them just right. The only issue is that wind or time can somewhat dislodge them so you may need to course-correct after a while. Wired-in mounts Wired-in cams need a junction box but make great options for floodlights. Tyler Lacoma/CNET I prefer wireless cameras outdoors, simply because of the options they open up for placement. But there's another popular type of camera mount, a wired-in solution where the camera is directly connected to the home's electrical system. This is more common with floodlight cameras, larger dome security cameras, any PoE (Power over Ethernet, which requires a cable connection) camera and similar models. On the plus side, you never have to worry about battery issues with these cameras. However, they may fail if your home loses power. Also, they're a bit of work to install. You'll need to replace the base, plus strip and connect three wires, which not everyone is comfortable doing. Also, it requires a junction box or similar wired opening, which limits these cameras to spots where lights or cams are already installed. Overall, I like wired-in solutions for any camera with big light panels, which don't usually play well with battery models. Plug-in shelf mounts (indoor) The Blink Mini 2 offers shelf and wall mounting options but you'll need an outlet connection. Tyler Lacoma/CNET The quintessential indoor camera is a simple plug-in model that requires a nearby wall outlet, usually with a cable that's about 4 to 6 feet long. No work involved here, just plug and play -- as long as you have a handy shelf or table to put the camera on. This is a strictly indoor mounting option unless you have specialized outdoor-safe cables. It's a simple, cheap choice but I recommend picking the exact outlet and spot on a shelf where you will use a security camera first. Many of these plug-in models have pan/tilt features so they can fit in an out-of-the-way place. Wireless shelf mounts Ring's battery cam is on the higher-end pricewise but offers a versatile, weather resistant option to watch the kids wherever they are. Tyler Lacoma/CNET This is a rare type of shelf and table mount that supports a wireless, battery-powered camera. Only a few brands offer this option. Nest's indoor/outdoor cam has a compatible cam stand that can charge it but you don't have to plug it in when the camera is charged, which makes it more maneuverable. More versatile is the Ring Outdoor Cam Plus, previously called the Ring Stick Up Cam, which has shelf/table mounts and a built-in battery. I like this option because you can move these cameras around, taking them from a playroom to an entryway to a backyard, whatever you want to keep an eye on. They also have more permanent mounting options. Adhesive sticker mounts Adhesive mounts work well in some scenarios but aren't a great fit for many security cameras. 3M Some cameras come with bases similar to screw-in models but with two-sided adhesive stickers to attach the cam. I'm not going to knock these adhesive pads much: They're usually 3M stickers designed for outside use and they're seriously powerful. But they aren't a great fit for security cameras. Security cams, especially outdoor models, tend to be heavy and a single adhesive strip doesn't, in my experience, hold for very long before the weather and weight lead to cameras falling. There's also another issue -- these adhesive stickers require a smooth, flat, very clean surface to work well. That means you can't use them on siding, concrete or any type of wood or stone. They're mostly limited to metal and glass outdoors, so people may have a hard time finding a spot. Only choose this option for small, lightweight security cams. Many cams with adhesive options still include a screw-in alternative. Light bulb mounts Eversecu's budget model is an inexpensive way to add a security camera but limited in placement. Eversecu Light bulb mounts, like they sound, are used for special security cameras that screw into light bulb sockets, like a socket above your porch or entryway. That sounds convenient, and it absolutely can be in the right situations, but this is probably my least-favorite mounting option. Light bulb cameras are cheap but they're usually limited and lack the quality or extra features that other security cams do. You also lose a light in an important spot for a not-as-useful spotlight instead. And while these cams can usually rotate, they are limited to what they can see from a light socket, so you have very few placement options. It's a fun idea but rarely practical in the real world. I do recommend them for small, out-of-the-way additions for those who don't want to add a bunch of complex home security. What about solar panel add-ons? If you're mounting a wireless outdoor camera, you also have the option of adding a compatible solar panel to most brands. That means you don't have to worry about replacing the rechargeable battery -- but you will need to install the solar panel at the right angle or find a model with a solar panel built in. The process takes extra work and placement, and won't be as effective in every climate. But if you are getting a wireless outdoor camera for the right sunny spot, it's certainly worth considering. While you're here, why not stop by my guide to the best DIY home security systems, too?