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

Microsoft Unveils Twin Kin Phones

NEW YORK ( TheStreet) -- Microsoft (MSFT - Get Report) unveiled two Kin phones made by Sharp and targeted for sale by Verizon (VZ) and Vodafone (VOD).

The phones -- Kin One and Kin Two -- are aimed at social networking fans and continue in the tradition of the Sidekick phones that were big with texting youths. Both phones feature touchscreens with slide-out keypads. The Kin Two has a full Qwerty keyboard and an 8-megapixel camera.

Microsoft had been working on the youth-oriented phones for years under the name 'Project Pink' and the Zune phones.

The move marks Microsoft's belated reentry into the mobile market and the first step in what is expected to be a bold new bet on smartphones later this year with the Windows Phone 7 operating system.

Microsoft desperately needs to get back in the mobile phone game after rivals like Apple (AAPL - Get Report), Google (GOOG - Get Report) and Research In Motion (RIMM) have taken most of the smartphone business in the past three years.

Microsoft, as TheStreet first reported, is working with at least one hardware manufacturer -- Asus -- on a touchscreen phone that it will sell directly to consumers, similar to its Xbox effort in video games and Zune media players.

Microsoft shares were up a nickel to $30.39 as the announcement was made Monday.

--Written by Scott Moritz 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 $130.35 -1.70%
GOOG $553.67 -0.31%
MSFT $49.20 2.40%
FB $80.67 -1.50%
TSLA $230.44 -0.48%

Markets

DOW 18,110.14 +72.17 0.40%
S&P 500 2,114.90 +5.98 0.28%
NASDAQ 5,055.4220 -4.8240 -0.10%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs