Microsoft Corporation (MSFT): Is The Tech Giant Headed On The Correct Trajectory?

As a result of its innovation, Google Inc (NASDAQ:GOOG)’s first-quarter earnings were up $1.19 a share from last year. Revenue is on the rise, as well, with the company earning 31% more in its first quarter than the same quarter last year.

Hope for Microsoft

Microsoft, meanwhile, enjoyed a 23% hike in sales in the first quarter of 2013, attributed primarily to the success of Windows 8. The company has high hopes for Office 365, which grants users the ability to pay a monthly fee for Office products, complete with Cloud access. The company anticipates that Office 365 will bring in at least a billion dollars in revenue in 2013, which has definitely lifted Microsoft’s hopes.

Apple’s stock isn’t faring well lately, having recently fallen below $400 a share. As if to prove its resilience, however, the company saw a 1.3% increase a week later, with shares resting comfortably at around $414.

While many expected Microsoft Corporation (NASDAQ:MSFT) might eventually win out in the Microsoft-Apple war, Google’s continued success may eventually catapult that company to the top. One thing is clear to analysts and IT experts alike: to continue remain competitive in its industry, Microsoft must embrace the tablet market. With PCs sales continuing to slump, it’s clear that mobile devices are where the consumer market is going.

The article Is Microsoft Moving in the Right Direction? originally appeared on Fool.com and is written by Stephanie Faris.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.