{"id":29279,"date":"2012-04-24T20:00:33","date_gmt":"2012-04-25T00:00:33","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/04\/why-microsoft-kinect-is-a-virtual-goldmine\/"},"modified":"2012-04-24T20:00:33","modified_gmt":"2012-04-25T00:00:33","slug":"why-microsoft-kinect-is-a-virtual-goldmine","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/04\/24\/why-microsoft-kinect-is-a-virtual-goldmine\/","title":{"rendered":"Why Microsoft Kinect is a Virtual Goldmine"},"content":{"rendered":"

By MoneyMorning.com.au<\/a><\/strong><\/p>\n

Not long ago, the future of Microsoft Corp (NASDAQ: MSFT)<\/strong> was slipping through its grasp.<\/p>\n

Then it introduced Kinect<\/strong>.<\/p>\n

Today, the tech giant is using Kinect to win big on a breakthrough that will literally touch millions of lives.<\/p>\n

It is one of the reasons why Microsoft’s stock has gained more than 20% this year.<\/p>\n

<\/span><\/p>\n

What is Kinect?<\/span><\/h3>\n

You may recognize it as the best-selling add-on to the Xbox 360 video game. But it’s much more than that.<\/p>\n

It represents a revolution in how we will communicate with our computers, our TVs, and our smartphones.<\/p>\n

For Microsoft, Kinect is literally a game changer. They lead the world in the technology behind it and it promises to be big.<\/p>\n

But not just for Microsoft…not by a long shot.<\/p>\n

The Promise Behind Microsoft Kinect<\/span><\/h3>\n

The magic behind Kinect is that it responds to body gestures.<\/p>\n

And while Kinect did debut to rave reviews, Microsoft executives really didn’t understand how Kinect could change the world — and rack up new sales.<\/p>\n

But since its introduction in 2010, hackers have found dozens of very cool uses for Kinect– none of which did much for Microsoft’s bottom line.<\/p>\n

This got the software giant to thinking that maybe they were sitting on a potential gold mine.<\/p>\n

That’s why Microsoft is now tapping the genius of young entrepreneurs to better monetize the technology behind Kinect.<\/p>\n

You know, the type of guys who live and breathe cutting-edge high tech.<\/p>\n

In fact, Microsoft recently picked 11 start-ups to work at its Kinect development offices in suburban Seattle. It’s a savvy move.<\/p>\n

After all, these guys get out of bed every day looking to create the Next Big Thing.<\/p>\n

Already, the program shows great promise. Here are some of the slick high-tech ideas these young turks are already tackling:<\/p>\n