With manufacturers paying less for software, laptops can be sold for lower prices. Microsoft Corporation (NASDAQ:MSFT) hopes to see the price of touchscreen laptops drop from the current $700-plus to about $300 according to the Wall Street Journal.
Despite valiant efforts and great advances, PCs will continue to die their slow death. Even though PC makers made technological advances, they are not well-received. Consumers think of Windows 8 as buggy and hard to use, according to various articles on ZDNet. The operating system’s sales are worse than even Windows Vista’s sales in 2007. Additionally, PC shipments dropped for the fifth quarter in a row. Global second-quarter shipments decreased by 10.2%. Market share continues to slip through PC makers’ fingers, even as they release more efficient and lower-priced computers.
As we watch this fight play out, we see that experience and age are not the most important attributes. Instead, the young, spry competitor continues to dominate the market and steal market share. Though the older tech firms will not leave the ring overnight, we will continue to see them losing this fight with younger tech firms.
The article Old Tech Firms Struggle to Stay Relevant originally appeared on Fool.com and is written by Marie Palumbo.
This article was written by Michele Milheim and edited by Chris Marasco. Chis Marasco is Head Editor of ADifferentAngle. Neither has a position in any stocks mentioned. The Motley Fool recommends Intel. The Motley Fool owns shares of Intel and Microsoft. Marie is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.
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