Microsoft Corporation (NASDAQ:MSFT) has recently announced a major modification to its entertainment apps and services in short now the Xbox music will be called as Groove and Xbox videos will change to only Movies and TV.
Shares of Microsoft (NASDAQ:MSFT) have slipped 3% since the beginning of the year, compared to a 7% gain for the NASDAQ. Many investors are probably wondering if the stock is becoming stagnant again, as it remained for most of the past decade.
As much as 25 analysts have advised buy on Microsoft Corporation (NASDAQ:MSFT) with an average broker rating of 2.08. Research Analysts at Zacks has the shares a rating of 3, which implies that the firms recommendation is Neutral on the company.
Minecraft is already available on Microsoft Corporation's (NASDAQ:MSFT) Windows, Windows Phone, Xbox 360, Xbox One, Google Inc.'s (NASDAQ:GOOG) Android, Apple Inc.'s (NASDAQ:AAPL) Mac and iOS, Sony Corp.
The lower shares of Advanced Micro Devices (NASDAQ:AMD) go, the wilder the buyout rumors seem to get. This time, we have KitGuru reporting that it's heard that software giant Microsoft (NASDAQ:MSFT) is interested in buying the struggling chipmaker.
Microsoft (NASDAQ:MSFT) recently made some big announcements during E3 2015. The company wisely sidestepped less popular topics like Xbox apps and the Kinect and focused on backwards compatibility, exclusive games, and augmented reality.