14 DAY TRIAL // Microsoft has once again come under fire after the 11.5 percent drop in share it recorded on Friday, but even if so many people predicted an even more dramatic fall in the coming months, an analyst thinks otherwise.
Gartner tech industry analyst David Cearley told USA Today that Microsoft is still doing fine, despite all the hits it received lately, so the Redmond-based tech giant remains a strong player on the market.
“Microsoft is far from on death's door,” Cearley said. “They are aggressively addressing a wide range of market challenges. Yes, they still have significant execution challenges, but, going forward, they remain a strong player in the market.”
CEO Steve Ballmer, on the other hand, expects much better times for Microsoft, not only because the company is getting through a major reorganization, but also thanks to lots of new products that’ll be released soon, including Windows 8.1, new Surface tablets, and other devices.