The Traderszone Network

Published in TZ Latest News 22 July, 2015 by The TZ Newswire Staff

Microsoft’s hardware strategy under scrutiny after record loss

“Unless Microsoft can get to hardware break-even within two years or demonstrate sufficient offsetting value elsewhere in the portfolio, we think the company should exit the hardware business,” RBC Capital Markets analysts said in a client note. Exiting hardware could add up to $4 per share to Microsoft’s market value, they said. Microsoft, which is shuttering its Nokia phone business, said on Tuesday it would pump the ensuing savings into its fast-growing cloud business, Windows 10 and its hardware division, which includes tablets, Xbox and smartphones.