Monday, July 30, 2012

Microsoft Corporation (NASDAQ:MSFT)’s Surface to Release on Oct 26

Microsoft Corporation(NASDAQ:MSFT) will release its new Windows tablet, Surface, on Oct. 26, the company said in a filing to the securities Exchange Commission.
The world's largest software firm had announced the launch of the tablet in June but had omitted to mention the release date and the price. 

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The company has ended the suspense over the product's availability on the shelves but has still not said anything about the price.
“The next version of our operating system, Windows 8, will be generally available on October 26, 2012,” Microsoft said in the filing. “At that time, we will begin selling the Surface, a series of Microsoft-designed and manufactured hardware devices.” 

The timing of the release is very crucial and comes just ahead beginning of the holiday season when sales are expected to be strong. 

With regard to the pricing Microsoft has indicated that it will be priced competitively with tablets running on ARM-based chips, that retail at around $500 each. The release of the ARM-based tablets will be followed by the pro version of Surface that will run on Intel chips.

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