Microsoft was rewarded by investors today, the day after the unveiling of their Microsoft Surface Tablet.

Microsoft stock was among the most heavily traded stocks on the first day of trading after the product launch.

MSFT closed up 2.88 percent at $30.70.

The gain was double the average of Nasdaq stocks and added about $7 billion to Microsoft’s value.

How did other Tech companies fare today?

  • Nvidia, maker of the Tegra chips used in the Microsoft Surface tablet, jumped nearly 7 percent, closing at $13.23.
  • Apple closed almost flat with a 0.28 percent gain at $587.41.
  • Dell was down 2 percent at $12.18
  • Hewlett-Packard was down 1.14 percent at $20.81.

OEM’s may have some stormy waters to navigate over the next few months.

They’ll have to explain what the impact of Microsoft getting into hardware is and what they plan to do to counter that.

About the Author

Onuora Amobi is the Founder and VP of Digital Marketing at Learn About The Web Inc. Onuora has more than a decade of information security, project management and management consulting experience. He has specialized in the management and deployment of large scale ERP client/server systems.

In addition to being a former Microsoft MVP and the founder and editor of EyeOnWindows.com, he is the CEO of a Pasadena based online marketing education startup - Learn About The Web Inc. (www.learnabouttheweb.com) and The Redmond Cloud (https://www.theredmondcloud.com).

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  • http://twitter.com/Tech_Gone_Wild Ezekiel Carsella

    $7 billion? I wish I had that kind of money