Dallas, Texas 07/05/2013 (Financialstrend) – Microsoft Corporation (NASDAQ:MSFT) closed in the previous trading session at $34.01 after going up by 0.21% (or $0.07). The intra-day range of the stock is $33.60-$34.37. The market capitalization of the company is $284.02 billion.
The Developer Conference of Microsoft was held last week. In the previous years, this conference used to be held at Redmond campus of the company but this year, it joins Google and Apple in holding developer events in San Francisco.
One of the many complaints from customers is the problem with MSFT’s new Operating System, Windows 8. In accordance with the first announcement, the Operating System shall be updated.
Analysts say that there has been an accelerated decline in the sales of Personal Computers this year because new Windows was poorly designed for use on desktop computers. Microsoft is planning to introduce the new Windows 8.1 in a hope to make the appropriate changes.
In the new Windows 8.1, there will be less dependency on screen slide INS and on separate boxes, since the traditional desktop will be made more prominent. The start menu will be different, although the old desktop screen will have an option to bring the old start button back as the default start-up mode. The company is hoping that its new, improved operating system will increase its PC sales and improve the overall computer market.
The flaw with the Windows 8 operating system was that it relied heavily on screen hotspots and boxes, making it ideal for touch screens, but cumbersome and awkward for desktops.
Kantar announced on Monday the new results regarding the monthly market share changes that took place in the smart phone industry. The market share gain of Windows Phone (Microsoft) is slowing, whereas the Google’s Android continues to gain market share and, hence, dominates the smartphone market.