Tuesday, November 22, 2011

Microsoft Corporation (NASDAQ:MSFT) To Speed Up China Growth

Microsoft Corporation (NASDAQ:MSFT) has plans to speed up its growth in China,
with a wide range of options on the table. Microsoft Corporation (NASDAQ:MSFT)
To Speed Up China Growth Reports say that Microsoft Corporation (NASDAQ:MSFT) is
planning a five-year plan for accelerated growth in China. Microsoft Corporation
(NASDAQ:MSFT) has invested in the Chinese market but faces challenges in
monetizing the full potential of it. Microsoft Corporation (NASDAQ:MSFT) is keen
to seize the opportunity brought by the mega IT industry trends in China, which
include devices and cloud computing. Jean-Philippe Courtois, senior
vice-president of Microsoft and president of Microsoft Corporation (NASDAQ:MSFT)
International, said that his company is working on the plan for the companys
2013 to 2017 fiscal years, which start in July. He added, "I am dedicated to
enabling much faster growth in China, which is his companys priority and his
priority in international expansion. Microsoft Corporation (NASDAQ:MSFT) wants
to be much more visible in China and much more into the day-to-day life of the
hundreds of millions of people and all the businesses in China in the years to
come. Microsoft Corporation (NASDAQ:MSFT) China, based on global strategies, has
established a consumer channel group, so that it can integrate all related
resources to handle the challenges, especially with the popularity of Apples
iPhones and iPads and smartphones using Googles Android". Microsoft Corp.
(NASDAQ:MSFT) stocks were at 25 at the end of the last days trading. Theres been
a 5.2% change in the stock price over the past 3 months. Microsoft Corp.
(NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.77 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.81 Zacks
Rank: 32 out of 89 in the industry

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