Here’s a round-up of Microsoft Corporation (NASDAQ:MSFT) stock briefings from this week. Microsoft Corporation (NASDAQ:MSFT) shares ended the week at 24.89 (as of 7/16/2010).
Weekly News Roundup: Microsoft Corporation (NASDAQ:MSFT)
Microsoft Corporation (NASDAQ:MSFT) is teaming up with Fujitsu in a cloud computing venture. The deal will allow Microsoft access to Fujitsu’s data centers and customer base, and Fujitsu will be able to offer Microsoft’s Windows Azure cloud-based software, the WSJ says. Fujitsu and Microsoft Corporation (NASDAQ:MSFT) are planning to announce the deal later this week.
Microsoft Corporation (NASDAQ:MSFT) had 12.7 percent of the search market in June with its Bing search engine, which has done nothing but gain market share for the past 13 months. In June of 2009, Bing had only 8.4 percent of the market, but now is encroaching on Google’s turf, marking what could be a rise to the top.
Sales of Microsoft’s XBOX360 sales gained 88% to 451,700 units after the company unveiled its new, slimmed down version of the console. The introduction helped the company inch ahead of Nintendo for the month of June, who sold 422,500 Wii consoles.
It seems that the financial crisis may have affected some elements of the gaming industry, and its fingerprints are still showing in the sales of games. An NPD analyst underlined this fact, saying that sales were more concentrated on the top-selling games.
We will continue checking the Microsoft Corporation (NASDAQ:MSFT) stock price for changes over the next couple of weeks.