Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Does HoloLens Make Microsoft Corporation (MSFT) Relevant? Anand Srinivasan Says Yes

Microsoft Corporation (NASDAQ:MSFT) may be considered an old technology company but recent announcements by the firm particularly HoloLens is making the software maker a relevant company again.

According to Anand Srinivasan of Bloomberg Intelligence, HoloLens shows that the company is changing and the attention it is getting is good for the firm.

“Microsoft has become part and parcel of many, many conversations up and down the product stack. Whether it’s software, whether it’s hardware, whether it’s cloud, Microsoft is being talk [about] in these conversations which didn’t happen several years ago,” the tech analyst said.

Microsoft Corporation (NASDAQ:MSFT) announced HoloLens during its Windows 10 event Wednesday last week. The device is an augmented reality headwear which displays virtual objects on top of its user’s normal field of view.

Srinivasan said that HoloLens is a “cool” and “neat” product. Nonetheless, HoloLens is not a cash machine, he added.

“From a revenue impact, let’s not hold our breath but it is an interesting product amid all of the sea change that we’ve seen from Google Glass, from all the other wearables, from Oculus, etcetera. The fact that they are in the mix is interesting,” Srinivasan said.

Microsoft, is MSFT a good stock to buy, HoloLens, Anad Srinivasan, Office, Windows, Surface, Xbox

Meanwhile, Microsoft Corporation (NASDAQ:MSFT) is making a massive pivot from traditional software to cloud-based software, the tech analyst said. What observers are looking for is continued momentum in that space. He said, however, that the company’s bread and butter is Windows and Office.

Furthermore, Srinivasan said that Microsoft Corporation (NASDAQ:MSFT), in hardware, makes a great product in the Surface, for example. It’s just the company mispriced the Surface. The fact the PC market is relevant again is also saving the company a lot of headache.

Microsoft Corporation (NASDAQ:MSFT) shareholders includes James Dondero’s Highland Capital Management which reported about 1.02 million shares in the company by the end of 3Q2014, a 449% increase in the firm’s stake in the software giant quarter-over-quarter.