Microsoft Corporation (NASDAQ:MSFT) On Board With Acer Smartphone?

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tdp2664 E money daily Microsoft Corporation (NASDAQ:MSFT) has joined hands with Acer to launch a new smartphone. Microsoft Corporation (NASDAQ:MSFT) On Board With Acer Smartphone? It has been reported that Microsoft Corporation (NASDAQ:MSFT) and Acer have teamed up to launch Allegro, a slim and stylish smartphone. The Allegro, powered by Windows and the cutting-edge phone technology from Acer is aimed at mid-range and low-end markets. Gustavo Fuchs, director, mobility, Middle East and Africa – Microsoft Corporation (NASDAQ:MSFT), said that, “The Acer Allegro, which runs on Microsoft Corporation (NASDAQ:MSFT) Windows Phone 7.5 OS (Mango), is a unique proposition for today's on-the-go and connected customer. The easy-to-use Windows interface gives the user a mobile device that facilitates instant connectivity and navigation on the web. Furthermore, with windows, the user can create and access data seamlessly. The Acer Allegro was designed to put accessibility & creativity in the hand of the consumer". Microsoft Corp. (NASDAQ:MSFT) stocks were at 27.84 at the end of the last day’s trading. There’s been a 3.0% movement in the stock price over the past 3 months. Microsoft Corp. (NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.95 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.77 Zack’s Rank: 75 out of 90 in the industry