Microsoft Corp. (NASDAQ: MSFT) needs to build and sell its Surface tablet to “hedge against a declining PC market,” a reporter from ZDNet writes. The problem is that even if the Surface does well, sales will be dwarfed by those of other tablets from firms led by Apple Inc. (NASDAQ: AAPL) and Samsung, and PC firms led by Lenovo, Hewlett-Packard Co. (NYSE: HPQ) and Dell Inc. (NASDAQ: DELL).
Nevertheless, ZDNet points to a research note by Morgan Stanley analyst Adam Holt as proof of Microsoft’s resolve:
Holt is expecting Microsoft’s Surface along with an army of tablet partners can give it 14 percent of the tablet market in 2013, up from 4 percent in 2012.
Fourteen percent will not get the job done.
Douglas A. McIntyre
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
