Microsoft Corporation (NASDAQ:MSFT) proves to be still attractive to the investors


Dallas, Texas 08/09/2013 (Financialstrend) – It had recently been announced that Microsoft Corporation (NASDAQ:MSFT) had launched its Microsoft Office 365 which is primarily aimed at serving the requirements of the younger generation. The product had been launched to serve the requirements of the students and other younger people in India. While there had been a relentless decline in the markets for personal computers, Microsoft had been put under continuous pressure to develop the tablet devices so as to survive in the market.

However, Microsoft Corporation (NASDAQ:MSFT) proves to be still attractive to the investors in the markets, primarily with the recently reported financial performance results for the quarter. It had been reported that every division of the company had presented profits for this quarter, except for the Windows RT division which had been identified to be the real sore spot for Microsoft. However, the company had been presenting significant value to the investors especially through the continued support that had been received by this Windows giant from the competitors. It had been reported that Apple Inc. had assured that the Bing search engine of Microsoft would be placed as the primary search engine on its tablet devices. This would further prove to ascertain the attractiveness of investors to the stock.

Shares of Microsoft Corporation (NASDAQ:MSFT) had traded on Thursday to present gains of 2.58% and had closed the trading session at $32.89 per share. The stock had been presenting intraday price fluctuations in the range of $32.05 at the lowest and $33.07 at the highest on Thursday. Presently the stock is at 52 week low price of $26.26 and 52 week high price of $36.43 per share. There had been 59.04 million shares that had traded on this stock in the markets in Thursday, while on an average the stock had presented 47.72 million shares of trading volume.