Alex Shadunsky submits: Company Background
Founded in 1975, Microsoft (MSFT) is a worldwide leader in software, services and solutions. The company operates its business in five segments: Windows and Windows Live Division, Server and Tools, Online Services Division, Microsoft Business Division, and Entertainment and Devices Division. Microsoft is best known for its Windows operating system (OS) and Microsoft Office suite products.
After falling all the way down to $15 a share in the midst of the recession, the stock more than doubled to $31.58 a share in April 2010. Since then, the stock has struggled due to issues in the PC market and Microsoft?s lack of execution with its tablet product. The PC market is a huge market for the company due to its reliance on it to drive sales of its Windows and Office products.
Growth Forecasts for 2011 PC Shipments Cut
On June 6, IDC cut its 2011 forecast for worldwide
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