The Master LED bulb from Philips has the same form as an old-fashioned one, making it simple to use for the people and feel comfortable about using it. Even though the bulb draws 7 watts only, it gives off light equal to a 40 watt bulb and lasts around 45,000 hours which about 30x the length of a normal bulb. This Master LED bulb is available in Europe already and should reach the North American shores before July.