Monday, September 30, 2013

Microsoft to Debut Next Gen Tablet (MSFT)

Keeping pace with its competition, tech giant Microsoft (MSFT) will detail its newest product on September 23rd.

The meeting is largely expected to unveil the newest Surface tablet, which is expected to feature a built-in battery as well as new processors. Unconfirmed rumors also suggest that the firm will be releasing multiple tablets, with a smaller version of its Surface tablet possibly making a debut.

Microsoft’s newest release will go head-t0-head with Apple (AAPL), which will be debuting the latest iPhone model at a meeting tomorrow. As Microsoft continues to battle to take away Apple’s market share, the unveiling and reception of its latest surface will be a key factor moving forward.

Microsoft shares were up 51 cents, or 1.61%, at Monday’s close. The stock is up more than 18% this year.

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