Microsoft’s Shares Hit Highest Point In 2 Years After Apple Unveiled Its OS X

Posted on Feb 17 2012 - 5:06am by Editorial Staff

The day the Apple unveiled its Mac OS X 10.8 Mountain Lion version, Microsoft shares have risen to a nearly two-year high. On the other virtue, Apple’s stock price felt a dip earlier, possibly due to the iPad’s Q4 tablet marketshare drop-down, but has bounced backed mainly due to announcement of OS X.

According to MarketWatch, Microsoft Corp. MSFT shares rose almost 5%, to $31.55 Thursday, as the software giant’s stock price reached its highest point since April 2010. Microsoft, which reported strong quarterly results in January, has seen its shares climb 21.5% since the end of 2011.

Over the response, Microsoft’s investors may somehow believe the redmont-based giant coming Windows 8 as it is somehow going on the same tune of that of Apple – resulting Microsoft’s recent hike but need to be purely maintained now whereas Apple shows no sign of slowing its steep rise.

About the Author
Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.