Microsoft shares hit a 5-year high Tuesday, closing at $33.10, up 49 cents. Despite a plunging PC market, it appears investors are heartened by Microsoft’s recent third quarter earnings report. That quarterly result showed Microsoft making strides in its cloud offerings while also continuing to do well among its enterprise customers. Here’s one analyst’s take on why he thinks Microsoft share are “in the middle of breakout and still have further to climb.”
In other Microsoft news:
- Microsoft is previewing Skype for Outlook.com, starting in the U.K. and then rolling it out in the U.S. and Germany. More details about the preview-version rollout are on the Outlook and Skype blogs.
- Microsoft has posted a behind-the-scenes look at the Windows Phone ad, featuring wedding guests feuding over iPhones and Samsung phones, that’s garnered a bit of buzz in recent days. The ads began airing yesterday.
- Testers for a Facebook for Windows Phone Beta app are being sought as the Facebook app goes through a major redesign. Details and the beta app are available here.
- After 10 years of supplying only Apple laptops to its middle school students, educators in Maine have decided to offer its schools a choice of five devices to provide to its students, including Hewlett Packard’s ProBook 4400 running Windows 8 as a preferred provider. Here’s an article on that change from the Portland Press Herald, which notes that though the HP ProBook proposal was “more expensive and received a lower score from contract evaluators than Apple’s iPad” proposal, Maine officials had emphasized that Windows is “commonly used in the workplace” and that it is “important that our students are using technology that they will see and use in the workplace.” The other four devices are Apple’s iPad and MacBook Air laptop, HP’s ElitePad tablet, and CTL’s 2go Convertible Classmate NL4 tablet, according to the Portland Press Herald.