Boston, MA, 11/12/2013 (wallstreetpr) – The management of Microsoft Corporation (NASDAQ:MSFT) announced that there are various kinds of changes being made in the company with which the company has a lot of hope. The analysts of JP Morgan recently hosted an investor meeting with some of the top executives of Microsoft Corporation and in which the executives provided a lot of updates going on in the organization.
One of the biggest changes being made in the Microsoft Corporation right now is the re – organization. According to the information made available by analyst John Di Fucci and his team, the executives of Microsoft Corporation have said that the re – organization is almost complete. Also he mentioned that some of the divisions are not yet reorganized due to pending product launches.
A related change to the re – organization has been the adaptations of presenting the financial statements. The executives of Microsoft Corporation said that this change has received overwhelmingly positive response due to a greater transparency on the entire gross margin.
Apart from the re – organization of the departments, the executives of Microsoft Corporation also provided an update related to the Windows Phone which is continuing to gain attention internationally particularly in Latin America and Western Europe. But unfortunately, China is still not in the grasp of Microsoft at this point. Executives also mentioned that the company is growing their focus on growing the Windows Phone App Ecosystem and had also provided an update on the Nokia Acquisition.
Microsoft Corporation also provided updates regarding their shift over to cloud services and citing growth in the IT wallet share. The company also mentioned that this service belonging to Microsoft Corporation is reaching more and more users now which also helped in reducing the piracy and keeps the users updating related to the latest software.
