Thursday, January 5, 2012

Microsoft Corporation (NASDAQ:MSFT) Taking Comet To Court

Microsoft Corporation (NASDAQ:MSFT) has taken legal action against U.K.
retailer Comet. Microsoft Corporation (NASDAQ:MSFT) Taking Comet To Court
Microsoft Corporation (NASDAQ:MSFT) announced that it has issued proceedings
against Comet Group PLC over counterfeit Windows Vista and Windows XP recovery
CDs. The allegation is that Comet created more than 94,000 sets of counterfeit
Windows Vista and Windows XP recovery CDs in a factory in Hampshire and sold the
media to customers from its retail outlets across the U.K. David Finn, associate
general counsel, Worldwide Anti-Piracy and Anti-Counterfeiting at Microsoft
Corporation (NASDAQ:MSFT), said that, As detailed in the complaint filed today,
Comet produced and sold thousands of counterfeit Windows CDs to unsuspecting
customers in the United Kingdom. Comets actions were unfair to customers. We
expect better from retailers of Microsoft Corporation (NASDAQ:MSFT) products
and our customers deserve better, too. The alleged counterfeits were sold to
customers who had purchased Windows-loaded PCs and laptops. Microsoft Corp.
(NASDAQ:MSFT) shares were at 27.4 at the end of the last days trading. Theres
been a 5.6% change 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 Zacks
Rank: 79 out of 90 in the industry

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