The Windows franchise of Microsoft regained some of its vigor during the company’s latest quarter, but that might not be enough to overcome the perception that largest software maker of the world is being outmaneuvered by nimble rivals whose fortunes aren’t tied to the personal computer.
The gains for the July-September period occurred throughout product lineup of Microsoft includes the ubiquitous Windows operating system, widely used programs such as Office, the Xbox 360 video game console, and the Bing search engine.
From news.yahoo.com:
Microsoft’s stock price has been held back by worries that it isn’t adapting quickly enough as more people use smartphones and computer tablets such as Apple’s iPad instead of desktop and laptop computers that run on the Windows operating system. Three consecutive quarters in declining Windows revenue reinforced those concerns.
That slump ended in the latest quarter as revenue in the Windows division crept up nearly 2 percent to $4.87 billion. The modest gain was slightly below the 3.2 percent to 3.6 percent rise in personal computer shipments during the quarter, based on estimates by Gartner Inc. and IDC.
Microsoft shares dipped 19 cents to $26.85 in Thursday’s extended trading.
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