This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Tech Rumor: Microsoft May Tout Tablet

Updated from Tuesday, Sept. 22

REDMOND, Wash. ( TheStreet) -- Apple's (APPL) Tablet plans may have been grabbing the headlines recently, but Microsoft (MSFT - Get Report) is also rumored to be planning its own entry into the space, details of which may soon be revealed.

Citing unnamed sources, 9to5Mac.com reports that the Gizmodo Web site will unveil Microsoft's "Tablet concept" Wednesday, although the software giant has not yet responded to TheStreet's request for comment.

"We've seen some bits and we have to say that we are seriously impressed by the work done at Redmond," wrote 9to5Mac.com, without revealing specific details.

Tablets, which are portable, touch-screen computers, are big news at the moment, thanks largely to Apple's eagerly anticipated entry into the space. The blogosphere has been rife with Apple tablet talk for months, and a device is expected to debut sometime in the early 2010.

Apple, true to form, is playing its cards close to its chest, although a number of Taiwanese companies are already said to be providing components for the device.

There had been some chatter that the Tablet could make its debut at Apple's recent San Francisco event, although this proved to be baseless. Variously described as a giant iPhone, iPod Touch or even an e-book reader, Apple's Tablet has certainly fired the imagination of the company's many zealots but it is still unclear where Steve Jobs will target the technology.

The Tablet space has already proved problematic for the likes of Hewlett-Packard (HPQ - Get Report) and Toshiba, so Apple and Microsoft will need to carefully position their respective devices, if, and when, they are launched.

Shares of Microsoft closed Friday at $25.77, up 47 cents, or 1.9%. It gained another 5 cents in after-hours trading.

Written by James Rogers in New York

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $127.60 2.28%
HPQ $33.41 2.71%
MSFT $42.90 3.10%
FB $83.09 2.87%
GOOG $535.38 2.16%

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs