Microsoft Shares Tumble After Latest Windows 8 Attack

Whoever said that the technology industry was not volatile was obviously joking. It’s all numbers and statistics, but they can make a world of difference in how our globe spins.

Take Microsoft shares for example — they recently fell 4 percent just like that.

Research firm IDC put out some damning numbers recently, detailing that PC sales dropped by as much as 14 percent worldwide in the first quarter of the year. The analysts at the firm went onto cite Windows 8 as one reasons for this unflattering decline.

The results being that Microsoft’s shares in Frankfurt fell from $30.28 to $29.07.

Market watchers then suggested Redmond to launch new products to regain its market share. Bloomberg reports Heather Bellini, an analyst based in New York as saying:

“Shares will gradually deteriorate unless Microsoft successfully repositions itself as a more meaningful participant in the new era of consumer compute.”

Microsoft is, rumor has it, preparing a bit of an offensive with several new versions of its hardware and software products in the work. Most are said to be released in the months to follow.

First up is the vitally important Windows 8.1, the first major overhaul of the company’s current operating system. Codename Windows Blue, it is said to make way for several updates to products carrying a Microsoft logo, including Internet Explorer, Surface, Windows Phone and SkyDrive.

The final version of Windows 8.1 is reportedly said to arrive in the summer, most probably August.

  • Mike Greenway

    I think it was 3.3 not 4% and even 4 is hardly a tumble, a dip maybe. Did you used to work for the National Enquirer? As a daily reader I can tell you that these “sucker them in” headlines are degrading the believability of the articles.
    I like a lot about this site, but I don’t want to see it in the check out line at the grocery store.

    • http://twitter.com/Thisisbad4US This is bad

      America media companies are even outsourcing their journalist to foreign countries now. Most Americans are too stupid or lazy to write, so I am not surprised.

  • http://twitter.com/Thisisbad4US This is bad

    I haven’t bought MS software in many years, this was the first year on a while I built a new box, and upgraded two other PCs to Win 8. Also bought 3 seats of Office for the family. I think the real problem is lack of corporate spending and flagging wage growth. People are broke.

    • Mike Greenway

      I agree. A nice PC still costs 3 to 10 times as much as much as a table. The PC is the luxury machine, Fast, powerful, big monitor(s), great sound system and it holds itself. You got your jet fighter chair and even a steering wheel if you need to race in the dirt. It the Movie house vs. the 1950 TV set!