Boston, MA 06/16/2014 (wallstreetpr) – Investors have begun to take proficient interests in Microsoft Corporation (NASDAQ:MSFT), off late! The stock surged up 1.60% till the end-of-trade on June 13, powered by Intel Corporation (NASDAQ:INTC)’s revelation!
INTC Announces Robust PC Sales
INTC announced that holistic PC sales have been stronger beyond the company’s anticipation. At the current statistics, the company expects to procure revenues valued at $13 billion (plus/minus $300 million) in Q2-2014. INTC corroborated that there has been a strong demand for business PCs, unlike in the last year.
MSFT Gain An Advantage
Intel Corporation (NASDAQ:INTC)’s humongous sales would directly benefitMicrosoft Corporation (NASDAQ:MSFT); larger the sales of business PCs, better is the necessity for PC Operating Systems. The Operating System market is dominated by Windows, with MSFT at its helm. In the quarter that ended in March 31, MSFT bagged net revenues of $20.40 billion, with Windows licensing revenues escalating by 11%.
MSFT had reported that business customers primarily tend to rely upon Windows and considers it as the most valued operating system. Hence, it is clear that increased sales of business PCs would benefit MSFT in garnering profound sales of Windows licenses in the upcoming days, and an incident increase in its license renewals in the years to come!
MSFT Agrees To Train 100,000 Youths
Microsoft Corporation (NASDAQ:MSFT) has agreed to partner with Myanmar Computer Company (MCC) for the next three years to train around 100,000 young people the ins and outs of cloud computing and other information technologies. The strategic association aims to benefit Myanmar in developing a profoundly skilled human resource that possesses excellent IT skills.
This agreement would not only help 100,000 youths become IT job-ready, but shall also help MSFT obtain voluminous profits from its training endeavors.
Mexican Government Trusts MSFT’s Azure Cloud
Microsoft Corporation (NASDAQ:MSFT) has also worked assiduously in emerging as a market leader in delivering cloud computing services. Off late, the Mexican government chose Microsoft Azure Cloud Computing Services to receive a myriad of electronic documents in a far quicker, more reliable and secure manner.
This move percolates down and affects an investor’s mindset. Moreover, it depicts that MSFT’s exquisite cloud services are fanning out across prospective markets around the globe, with increased vigor.
