Saturday April 13, 2013

Microsoft Stock Downgraded by Analysts

Microsoft stock was downgraded on Thursday on the report that the shipments of PCs worldwide had dropped 14%, due in part to the tepid reception of Microsoft’s Windows 8 operating system.

"Quarterly results will "gradually deteriorate unless Microsoft successfully repositions itself as a more meaningful participant in the new era of consumer compute," Bellini wrote in a note to investors.

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