10 Illuminating Points From Microsoft's Q1 Earnings

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Microsoft Is Banking On A Big Holiday Quarter

With Surface 2 tablets now on the market, and a coming wave of Windows 8.1 tablets and Windows Phone 8 smartphones headed for store shelves, Microsoft believes it's set up to have a booming holiday quarter.

Hood said Microsoft is pumped up about 8-inch tablets from Dell, Lenovo and Toshiba that will boast price tags of under $300. Microsoft is also "incredibly excited" about the Nokia Lumia 1520, a 6-inch device that marks Nokia's entry to the "phablet" market, Hood said.

"We are set up for a terrific holiday season. We will have a wide variety of Windows-based devices in market," Hood said on the call, according to Seeking Alpha's transcript of the event.


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