Boston, MA 01/15/2013 (wallstreetpr) – Microsoft Corporation (NASDAQ:MSFT) is hinted to be working on Windows 9 to be unveiled in the near future. This will be targeted at undoing the damage caused by Windows 8 which has been ill-received in the market due to constant glitches.
The problem with Windows 8 included lack of start button, complex keyboard, lack of appropriate way to close programs and difficult access to settings and more. Owing to these challenges, the operating system has caused Microsoft Corporation (NASDAQ:MSFT) huge loss of revenue. This is despite the company coming up with an upgrade to the OS called Windows 8.1.
Cure Windows 8 problems
It seems that Microsoft Corporation (NASDAQ:MSFT) is keen on disassociating itself with the number 8 by launching a new number for a new version of Windows. The company released Windows 8.1 in early 2013 in efforts to cure Windows 8 problems; however, nothing good has been achieved even with this upgrade, making the whole project a disappointment for the company.
Weak PC market
Microsoft Corporation (NASDAQ:MSFT) is still struggling to squeeze the remaining juice in the declining PC market. The company needs cutting-edge software to survive in this segment even as it is looking to other options to shore up its revenue. The slowdown in PC market and the ill reception of Windows 8 have particularly led to significant loss of revenue.
Fixing revenue problem
Microsoft Corporation (NASDAQ:MSFT) has many opportunities to boost its revenue. The company’s dominance in the PC market means that it can still earn significant revenue. All that is needed is offering customers what they want.
The overwhelming positive reception of Xbox One also indicates potential for sustainable revenue for the company in gaming console market. The company’s entry into tablets and now smartphone business through acquisition of Nokia (NOK) also has the potential of boosting revenue.
Bottom line
Microsoft Corporation (NASDAQ:MSFT) is in much better position that most of its peers to realize revenue growth. The company has fought a long battle to ward off competition in PC and now it is targeting smartphone and tablet market with a lot of optimism.
