In what could be a make-or-break situation for the Microsoft Corporation (NASDAQ:MSFT) mobile phone division, the company has announced the ‘biggest launch of the year’ when its new Windows Phone 7 is released.
Microsoft Corporation (NASDAQ:MSFT) company shares are currently standing at 25.85 as of 7/28/2010, which equates to a -0.315 – -1.20% change over the previous day.
Huge Launch For Microsoft Corporation (NASDAQ:MSFT)
Microsoft Corporation (NASDAQ:MSFT) have been fighting a losing battle over the past few years, first against the marketing might of Apple and its iPhone line, and more recently against the rapidly expanding Android operating system, funded in part by Google.
Microsoft Corporation (NASDAQ:MSFT) have promised that the launch of their Windows Phone 7 device will be the ‘biggest launch of the year’ as well as introducing the ‘next generation of smartphones’. The company has stated its desire for developers to make applications that are as ‘widely used as Office’, their wildly popular productivity suite.
If you’re contemplating investing in Microsoft Corporation (NASDAQ:MSFT) stocks, make sure you check out this analyst advice, taken from a broad range of industry specialists:
Consensus Opinion: Moderate Buy
Mean recommendation: 1.55
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.83
Zack’s Rank: 1 out of 85 in the industry
We will be monitoring the Microsoft Corporation (NASDAQ:MSFT) stock price for changes over the next few weeks.