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.