Microsoft Will Launch A New Surface Device This Year

Must Read

The Hacking Of Jeff Bezos’ Phone: Facebook Blames Apple!

Hacking someone's phone through some malicious app or by injecting some code is nothing new. But when...

Google, Microsoft Buying Your Sensitive Personal Data From Avast Antivirus!

Your antivirus software may or may not protect you as much as you’d expect, but they are...

Which Countries Have the Biggest Share in the Global Gaming Market?

The global gaming market is expected to rise from $152 billion in 2019 to $196 billion by...
Prakhar Tripathihttp://dazeinfo.com
Mechanically Engineer. All for tech, tech for all. Professional moment ruiner.

Microsoft fans have yearned for modern and compact computing equipment after the advent of its Surface device. A lot of rumours and speculations have been making rounds on the internet regarding whether the Redmond Company will release any Surface product anymore or not. Microsoft Corporation (NASDAQ:MSFT) has made it official in its fiscal third quarter results that a new Surface hardware is likely to arrive this year.

Microsoft, in its Q3 FY 2018 earnings report that came on Thursday, said that the Surface business has shown strong $263 million or 32% YoY growth, and clocked an overall $1.09 billion in revenue. The company expects the number to grow even higher in its fiscal fourth quarter with its updated portfolio of new Surface hardware. This is the third consecutive quarter when Surface hardware sales accounted for billion dollar revenue.

Amy Hood, executive VP and Chief Financial Officer at Microsoft, said, “We expect Surface revenue growth in the high teens as we continue to transition to the latest products in our portfolio”. Also, the company saw better than expected performance from its Surface Book.

Advertisements

A New Surface Device

Microsoft has been improvising on the surface lineup since the launch of its first Surface Tablet in 2012. Surface Pro was introduced following year in 2013. Also, the Surface device has heralded Microsoft’s entry into the PC market. The Surface devices wreak futuristic technology and top-level craftsmanship. Microsoft claims that its new Surface Pro offers enormous battery life of up to 13.5 hours and is 2X faster than the Macbook.

The company continues to dominate in its business-centric offerings like its Cloud-based client Azure, Dynamics 365 – CRM and ERP capable business application, Office 365, and LinkedIn. Though there are some caveats in the company’s MPC (More Personal Computing) segment which includes – Bing, Windows 10, Surface devices, Xbox and Windows Phone. Lately, Microsoft’s gaming business has shown impressive growth due to its Xbox.

For a while, Microsoft is investing heavily in its MPC segment. Its perfectly logical as the Windows Phone is almost dead and sales of Surface devices have been noted to drop in the past. In Q4 FY 2017, Surface revenue declined $82 million or 2%, due to the reduction in volumes sold. On the other hand, phone revenue dropped a whopping $2.8 billion. In Q3 FY17, Surface revenue dipped by 26% or $285 million. Additionally, in FY18 Q2 and Q1, Surface devices recorded a revenue growth of 1% and 12%, respectively.

The Windows maker managed to kick-off the modern 2 in 1 detachable tablet segment with its Surface device but it needs to maintain the momentum of its upcoming Surface devices for substantial results. The next Surface lineup can include Surface Pro 5, Surface Studio 2, or a Surface Book 2. The clouds surrounding Microsoft’s Surface phone hasn’t cleared but at this point its unclear as to when we will be seeing a Surface Phone. May 7, 2018, the day Microsoft’s BUILD developers conference begin, can be the potential time and place for the company to reveal its new Surface devices. The reports suggest clearly suggest that Microsoft is visualizing the future world beyond Windows, and with its Surface devices it can be a formidable opponent in the advanced computing industry.

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Advertisements

Latest News

Google, Microsoft Buying Your Sensitive Personal Data From Avast Antivirus!

Your antivirus software may or may not protect you as much as you’d expect, but they are...

Which Countries Have the Biggest Share in the Global Gaming Market?

The global gaming market is expected to rise from $152 billion in 2019 to $196 billion by 2022. Undoubtedly, gaming has become...

The Hacking Of Jeff Bezos’ Phone: Facebook Blames Apple!

Hacking someone's phone through some malicious app or by injecting some code is nothing new. But when the matter belongs to one...

Amazon India Food Delivery Business: An Emerging Threat for Swiggy and Zomato?

After establishing its prowess in one-day delivery and two-hour delivery, Amazon India is looking to expand into the domains of food delivery....

India the 3rd Worst Economically Affected Nation by Internet Shutdowns in 2019: Report

2019 saw an increasing awareness about internet shutdowns in the Indian population due to unprecedented first-hand experience with the phenomenon, especially in...

Amazon and Flipkart Under The Lens Of Indian Authorities For Competition Squashing Activities!

The ongoing tug of war between Offline and Online retailers in India seems to be far from over. On Monday, the Competition...

In-Depth: Dprime

YouTube Should Have Bid Adieu To Dislike Button Much Earlier?

Online video sharing platform YouTube can be a ruthless place for content creators targeted by 'dislike mobs'. And the site owners totally understand that...

Facebook Has Pulled Off A Masterstroke By Integrating Its ‘Family Of Apps’?

It’s indeed hard to believe that ONE man sitting at Menlo Park, oversees how nearly a third of the world’s population interacts with each...

Facebook’s Crunch Conquest: By Relying Largely On The US Market, Is Facebook Running a Risk?

Two billion! That's Facebook, Inc. (NASDAQ: FB) for you - Right when you thought that this social-media giant has already connected the entire world, it's...

More Articles Like This