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Is Microsoft's Future In Consumer Tech Certain? | |
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| Time: 09:10 EST/14:10 GMT | News Source: *Linked Within Post* | Posted By: Chris Hedlund | ||
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Jefferies & Co. said investors are uncertain about Microsoft Corp.'s (MSFT) future in consumer technology and that they have chosen to discount all parts of the business until it becomes clearer what Microsoft’s competitive position in the key areas of tablets, smartphones and online search will be."We recently hosted Microsoft for some investor meeting. Uncertain over Microsoft's future in consumer tech, investors seem to be discounting all parts of the business. While not ignorant about potential market share losses, we are more sanguine given its history of come-from-behind victories and early success in cloud, gaming and phones," said Katherine Egbert, an analyst at Jefferies. | ||
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