Microsoft (NASDAQ MSFT) stock has recently seen a bit of correction in its levels. After seeing a high of around $50, Microsoft stock has come down a bit to the levels of $44. This correction was rather expected after the stock had continually grown for around 3 months. Microsoft might be looking towards much brighter times, something which is further explained in the following article.
Here in this article, we will take a closer look at what might be in store for the NASDAQ MSFT stock. We will look at the levels which it may achieve and how the stock might perform in the coming months. The stock performance would be further affected by the release of Windows 10.
Windows 10 is sure to have a major impact not only on the MSFT stock but also on the market as a whole. The market is all geared up for the release and Microsoft has seemingly done its homework after the dismal performance of Windows 8. Windows 10 brings in a host of new and old features.
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Microsoft has brought back the start menu option for Windows 10, with the menu options represented by tiles. Furthermore, the operating system would have cortuna feature and would be fluent on various devices including mobile platforms.
In the Q3 quarter, analysts are looking towards an EPS of $0.51, which would be a 25% drop Year on Year. The revenues forecast is at 21.1 Billion. Microsoft stock has decreased in the past couple of quarters but it still remains above its levels this time last year.
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Windows remains the staple product for Microsoft. Much of how the stock performs depends on the way Windows is received by the users. By the looks of it, the stock should be looking towards better days in the coming days. Stay tuned for further updates.
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