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
TheStreet Open House

Microsoft Unveils Surface Tablet

NEW YORK (TheStreet) -- As expected, Microsoft (MSFT) unveiled a new tablet product at its super-secret event Monday evening in Los Angeles.

The Dow component is calling the new product line, Surface, describing the idea as "PCs built to be the ultimate stage for Windows." The stock, which slipped 18 cents to $29.84 in Monday's regular session, reacted with mild enthusiasm in after-hours action, adding 23 cents to $30.07 on volume of more than 850,000, according to Nasdaq.com.

"Surface is designed to seamlessly transition between consumption and creation, without compromise," said the company in its press release. At the event, executives showed off two Windows tablets and accessories, according to Microsoft's statement.

Among the features being touted are VaporMg, a casing production technology that Microsoft said uses a process to "mold metal and deposit particles that creates a finish akin to a luxury watch." An integrated kickstand made using this technology is part of the tablets.

The company also said the Surface tablets include a full-sized USB port and a 16:9 aspect ratio. Microsoft was also touting the device's 3 millimeter Touch Cover, which it said "represents a step forward in human-computer interface." The Touch Cover clicks into the tablet with a built-in magnetic connector and acts as a keyboard.

Microsoft said retail pricing would be announced closer to the commercial availability but added that pricing "is expected to be competitive with a comparable ARM tablet or Intel Ultrabook-class PC."

The product announcement puts Microsoft back into competition with Apple (AAPL) and its iPad, and a situation where the track record doesn't favor Microsoft, whose Zune music player never gained traction against the iPod.

--Written by Michael Baron in New York.



>To contact the writer of this article, click here: Michael Baron.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!
DOW 17,067.56 -30.89 -0.18%
S&P 500 2,002.28 -1.09 -0.05%
NASDAQ 4,598.1880 +17.9170 0.39%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs