Microsoft Stock History: There is no denying the fact that Microsoft Corporation (NASDAQ:MSFT) was once top dog in the technology sector. While the company still does quite well, it is important to note one thing: the competition has closed the gap in several markets, putting increased pressure on the company to perform.
Despite the fact that Microsoft Corporation (NASDAQ:MSFT) once owned approximately 90 percent of the “operating system market,” things have changed as of late. Now, the company is facing heat from the likes of Google and Apple. With a growing number of consumers switching to tablets and smartphones from desktops and laptops, the company has to be worried that this will continue in the future.
A recent article posted on Yahoo Finance explains this problem in greater detail.
It touches on data released by research firm Gartner, forecasting “that by 2017 shipments of devices using Google’s Android operating system will dwarf shipments of Windows PCs and phones.”
If this is true, Microsoft does not have much time to come up with a game plan for stopping the surge. While four years seems like a lot of time, it may not be enough for MSFT to thwart the ongoing attacks by the competition.
In the article, there are a few statistics that stand out above the rest. For instance, “Gartner forecasts that by 2017 the number of tablets, mobile phones and ultramobile devices will total 2.7 billion units—almost 10 times the number of desktop and notebook PCs.”
As you can see, this is big trouble for Microsoft Corporation (NASDAQ:MSFT) since the company has built itself on its operating system dominance for desktop and laptop computers.
Unfortunately for Microsoft, the stock market is beginning to show this sign of weakness. says Michael Santoli, senior columnist at Yahoo! Finance, said the following:
“The market is basically saying [Microsoft] is not a growth story. It’s treated almost like a wasting asset, if you look at the current books and current cash flow.”
Do you think this will drive Microsoft to try something different? Share your thoughts in the comment section below.
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DISCLOSURE: I have no positions in any stock mentioned.
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