Join        Login             Stock Quote

Microsoft (NASDAQ: MSFT) Plans Expansion With Retails Stores - Fred Dunsel (02/14/12)

 February 14, 2012 10:05 AM

Microsoft shares (NASDAQ:MSFT) ended at $30.50 last Friday, marking a 0.86% gain for the week. Since the start of the year, Microsoft's stock price has been on an upward trajectory, having risen by 17.2%. The company's trailing P/E is 11.05, while trailing earnings are $2.76 per share.

Last week, Microsoft's President of the Windows Division Steven Sinofsky put up a long blog post on the software giant's plans for Windows 8 on the low-powered ARM processors that currently run the iPad and most other tablets. Known as Windows on ARM (or WOA) which is still under development, it is likely to be launched at the same time as the x86/64-bit (traditional PC) version, both of which will also share the same code base. It will also support the Windows desktop interface and the new Metro UI, which draws heavily on the Windows Phone.

[Related -Why it’s time to sell Microsoft]

In addition, the company appears to be on course to achieve its aggressive store expansion strategy, previously announced last July when Microsoft COO Kevin Turner shared the company's plan to open 75 new stores within the US over the next three years. If successful, that will bring it to a total number of 86 stores. According to sources familiar with Microsoft's store plans, the company will be opening two more outlets this April, one in Palo Alto and the other in Austin. It will also be opening stores in Bridgewater and Freehold, New Jersey in June. Given the above, it appears that the retail competition between Microsoft and Apple will intensify further in the near future. The company's ambitious retail aims can be seen in the Microsoft Store's mission, which is "to be the customer's source for the hottest new technology and best in personalized service. They can test-drive, play with and explore all of our Windows 7 personal computers, Windows Phone, Xbox and Kinect. Our interactive environment makes shopping for your technology easy and fun."

iOnTheMarket Premium


Comments Closed

rss feed

Latest Stories

article imageGermany Is On The Rebound - Time To Buy?

Based on this year's 17% spike in the Stoxx Europe 600 Index, it seems investors have found a home in read on...

article imageIs Drought Risk In The American West An Economic Threat?

The historic and ongoing drought in California is getting harder to ignore in terms of its potential impact read on...

article imageFunds Behaving Badly

Discipline is still the key to read on...

article imageGenuine Parts Co. (GPC): This Company's Raised Dividends For 59 Years

There are 253 million cars and trucks driving along U.S. roads. And the average age of those automobiles is read on...

Popular Articles

Daily Sector Scan
Partner Center

Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.