{"id":38505,"date":"2013-05-23T08:57:58","date_gmt":"2013-05-23T12:57:58","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=38505"},"modified":"2013-05-23T08:57:58","modified_gmt":"2013-05-23T12:57:58","slug":"has-microsoft-found-its-savior","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/05\/23\/has-microsoft-found-its-savior\/","title":{"rendered":"Has Microsoft Found Its Savior?"},"content":{"rendered":"

\"Has<\/a><\/p>\n

By Profit Confidential<\/b><\/p>\n

Did you notice that Microsoft Corporation (NASDAQ\/MSFT) is a hot commodity once again? After essentially trading in a sideways channel since late 2009 to April 2013, the stock broke out to a new 52-week and multiyear high of $35.10 on Monday, according to my\u00a0stock analysis<\/a>.<\/p>\n

With the move, Bill Gates has recaptured his title as the world\u2019s richest man, having a net worth of over $75.0 billion. Microsoft is now valued at $292 billion and is catching on fire.<\/p>\n

Only a few months ago, I was questioning the potential of Microsoft; I felt that the former Wall Street darling was set for a crash landing unless it could convince the market that better times were ahead. (Read \u201cAnother Lost Decade for Microsoft?<\/a>\u201d)<\/p>\n

Fast-forward three months, and my stock analysis now suggests that Microsoft seems to be firing on all cylinders and is once again catching the attention of Wall Street and investors.<\/p>\n

The chart of Microsoft below shows the stock (as shown in red candlesticks) moving higher in relation to the S&P 500 (as shown by the green line), based on my technical analysis.<\/p>\n

\"Microsoft<\/a><\/p>\n

Chart courtesy of www.StockCharts.com<\/i><\/p>\n

My stock analysis indicates that the rising of the stock has not been triggered by its new \u201cWindows 8\u201d touchscreen or the Windows smartphone in association with Nokia Corporation (NYSE\/NOK); but the company is showing great potential in its ever-growing gaming division.<\/p>\n

On Tuesday, Microsoft launched its highly anticipated \u201cXbox One,\u201d which will represent a dramatic change from the \u201cXbox 360.\u201d<\/p>\n

Based on the somewhat glitzy presentation in New York City, the Xbox One looks like it has seen a radical change, evolving from its previous models as the company tries to continue the popularity of its gaming console; the Xbox has developed into more of an integrated entertainment system that will allow users to access games, online movies, music, and the Internet.<\/p>\n

In fact, since I purchased my Xbox 360 a few years ago, I have watched the steady evolution of the console from being solely for gaming and movies to a much more integrated platform that allows for online gaming and movies, along with Internet features.<\/p>\n

The next-generation Xbox One looks like it will offer even more. The console will allow for real-time switching between live TV, video games, Internet, Skype, and other services. You will be able to play a game while you toggle over to live TV or the Internet.<\/p>\n

The aftermath will be a more powerful entertainment platform that could allow Microsoft to widen its distance from the rival \u201cPlayStation 3\u201d (soon to be \u201cPlayStation 4\u201d) and \u201cNintendo Wii.\u201d<\/p>\n

While Microsoft is still not providing growth at the same scale as the likes of Google Inc. (NASDAQ\/GOOG) or Netflix, Inc. (NASDAQ\/NFLX), according to my stock analysis, the growing acceptance of its gaming unit will offer excitement to a company that many felt was ready to be buried.<\/p>\n

Perhaps as the gaming unit grows, Microsoft may even decide to split its gaming unit to increase the lock-in value that I believe will grow.<\/p>\n

 <\/p>\n

Source –\u00a0http:\/\/www.profitconfidential.com\/stock-market\/has-microsoft-found-its-savior\/<\/a><\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Profit Confidential Did you notice that Microsoft Corporation (NASDAQ\/MSFT) is a hot commodity once again? After essentially trading in a sideways channel since late 2009 to April 2013, the stock broke out to a new 52-week and multiyear high of $35.10 on Monday, according to my\u00a0stock analysis. With the move, Bill Gates has recaptured … <\/p>\n

Continue reading “Has Microsoft Found Its Savior?”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-38505","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/38505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=38505"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/38505\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=38505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=38505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=38505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}