fbpx

Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Microsoft Corp. share price up, unveils Windows 10 to lure business users back

Microsoft Corp. finally revealed some details about its newest operating system at an event in San Francisco. The new Windows 10, as it will be called, has some new features such as added security and a custom applications store. It is primarily focused on attracting business users, who pretty much avoided the previous version of the companys operating system and stuck to its predecessor, calling it too complex and hard to work with. Microsofts new operating system is planned to run on both mobile and desktop devices.

The companys Chief Executive Officer Terry Myerson said in a statement at the San Francisco event: “Windows 10 embodies what our consumer and enterprise customers are demanding and what we will deliver. It will run on the smallest Internet of things and data centers worldwide.”

According to the information revealed by Mr. Myerson, the new software, which surprisingly did not receive the sequential number 9 to better reflect its leap forward, welcomes the Start menu back and will provide businesses with the opportunity to adjust the applications store specifically for their own users. He also revealed that the software will improve security level by dividing corporate from personal data.

The companys latest operating system, Windows 8, was released in 2012 in an attempt to win back customers that switched to devices operating under Apple and Googles software. Trying to promote touch-screen and reach to the users who defected to Microsofts competitors, the software giant launched a touch-screen-based design. However, a lot of customers found it too confusing and hard to use, which was one of the main reasons the release did not receive a warm welcome from neither regular consumers, nor corporate users.

According to Microsofts statement at the San Francisco event, its Windows 10 operating system is expected to be officially launched sometime after the spring of 2015, but the company did not engage with a specific date. Microsoft also refused to provide any more information about the new version, including its future price.

The company did, however, share that Windows 10 will try to excel by building upon the strengths of its previous two predecessors, implementing popular features of Windows 8 related to mobile devices, while also taking into consideration Windows 7s success among corporate users.

Joe Belfiore, who is in charge of Windows user interface design, said that part of Microsofts goal is to “better address the larger installed base of Windows 7”, or the hundreds of millions of people who are still using keyboards and mice to navigate.

An example for the crossbreeding will be the new Start menu, which will have a similar outlook as that of Windows 7, but an additional column to the right will offer boxy tiles like in Windows 8. In addition, Microsofts latest flagship product will also automatically recognize what type of device it is being run on and will switch modes accordingly. Its design will resemble Windows 8 when installed on a tablet, while laptops and desktop PCs will see more of Windows 7.

Microsoft Corp. fell 0.17% on Tuesday on the NASDAQ to close at $46.36 per share, marking a one-year change of +39.30%. The company is valued at $382.00 billion. Shares were up 0.8% at €36.93 by 7:58 GMT in Frankfurt on Wednesday. According to CNN Money, the 29 analysts offering 12-month price forecasts for Microsoft Corp. have a median target of $50.00, with a high estimate of 456.00 and a low estimate of $34.00. The median estimate represents a +7.85% increase from the last price of $46.36.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News