2 Bits of Good News for Microsoft Corporation (MSFT) Investors

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Microsoft is expected to release more details about the Xbox One at the E3 gaming conference next month, but with all of its new features, the Xbox One just jumped ahead of the competition.

Last month I incorrectly stated in a Fool article that it might not be a great time to be a Microsoft Corporation (NASDAQ:MSFT) stock investor. It seems that Microsoft investors do indeed have some significant things to be a happy about right now.

Obviously, the Windows Phone news and the Xbox One debut aren’t the only things investors should care about, but it does show that the company is fighting hard in the extremely competitive mobile and home entertainment markets. If IDC’s predictions for Windows Phone come true — and if the new Xbox sells just as well as the current one — then investors may have much to look forward to in the future.

The article 2 Bits of Good News for Microsoft Stock Investors originally appeared on Fool.com.

Fool contributor Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends Apple and owns shares of Apple and Microsoft.

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