Editor’s Note: Related tickers: Microsoft Corporation (NASDAQ:MSFT), Facebook Inc (NASDAQ:FB), Goldman Sachs Group, Inc. (NYSE:GS)
Microsoft reveals Xbox One entertainment console, last of 3 major systems announced (TimesColonist)
Microsoft Corporation (NASDAQ:MSFT) thinks it has the one. The company revealed the Xbox One, its next-generation entertainment console, during a presentation Tuesday at its headquarters in Redmond, Wash. Don Mattrick, Microsoft Corporation (NASDAQ:MSFT)’s president of interactive entertainment business, called it an “all-in-one home entertainment system.” He said the company has spent the past four years working on the next-generation Xbox. The console was demonstrated using voice control to seamlessly switch back and forth between watching live TV, listening to music, watching a movie, browsing the Internet, as well as simultaneously running apps.
Microsoft Corporation (NASDAQ:MSFT) and the National Football League (NFL) today announced a multiyear, landmark partnership that will deliver truly unique interactive NFL television experiences for the next-generation Xbox One and leverage Microsoft Corporation (NASDAQ:MSFT) devices and services to evolve the in-game, sideline experience for coaches, players and other personnel. “We love the passion that players, coaches and fans bring to the NFL game; it’s what makes the NFL game-day experience so unique,” said Steve Ballmer , Microsoft Corporation (NASDAQ:MSFT) CEO. “We’re excited to apply our passion for technology to the NFL experience, both on the sidelines through the innovative use of Microsoft Surface devices, and for fans through an enhanced NFL viewing experience on Xbox One.”
MSFT Expands Cloud Services in Australia (Zacks)
Microsoft Corporation (NASDAQ:MSFT) recently announced the expansion of Windows Azure cloud services in Australia and is setting up new data centers for the purpose. Microsoft Corporation (NASDAQ:MSFT) plans to open two new cloud computing data centers in the Australian states of New South Wales and Victoria. Management stated that it has more than 200,000 Windows Azure customers across the world. We believe that the launch of this new cloud computing platform will expand the Windows Azure consumer base in the region. The new Australian data center will provide customers access to Microsoft Corporation (NASDAQ:MSFT) services including NET and Open Source applications, SharePoint, SQL and Active Directory on virtual machines in Windows Azure.
Is Facebook Inc (FB) Closing In On Microsoft Corporation (MSFT)? (InsiderMonkey)
When it comes to gaming consoles, we know that Microsoft Corporation (NASDAQ:MSFT) is one of the main players along with Nintendo and Sony. What some people don’t realize is that Facebook Inc (NASDAQ:FB) could soon change this market forever. Does this mean the social networking giant has plans on rolling out a console of its own? Not exactly. That being said, Microsoft Corporation (NASDAQ:MSFT) could soon find itself losing ground in the gaming market. As you can imagine, this would not be good news for Microsoft Corporation (NASDAQ:MSFT) as the company prepares to talk about its latest gaming console in an unveiling ceremony later today.
Microsoft Corp Rating Reiterated by Goldman Sachs (MSFT) (Zolmax)
Microsoft Corporation (NASDAQ:MSFT)’s stock had its “sell” rating reiterated by equities research analysts at Goldman Sachs Group, Inc. (NYSE:GS) in a research note issued to investors on Tuesday, Stock Ratings Network reports. They currently have a $30.00 price target on the stock, up from their previous price target of $27.00. The analysts wrote, “We continue to believe Microsoft Corporation (NASDAQ:MSFT) needs to aggressively try and spur adoption of its new mobility offerings while at the same time slow down the rate of secular decline in consumer PCs. While the enterprise related business provides solid ballast, we believe revenue and earnings will continue to be biased lower.”
