Chris Lau, Kapitall: The HP Chromebook 14, powered by Google's Chrome OS, want to brighten your portfolio this holiday season. Hewlett-Packard (HPQ) provided a sneak preview of its Chromebook 14 at recent the Intel Developer Forum. Powered by an Intel (INTC) Haswell processor, the device will be a mere $299.99. Read more from Kapitall: Blackberry Isn't Private Yet: Are Shares Ripe for the Picking This could be a worrisome development for companies like Microsoft (MSFT). Microsoft is relying on the traditional upgrade cycle towards Windows 8.1, but budget mobile laptops like the Chromebook have the potential to impact sales this time around. Chromebook 14 specs To speed up the booting up sequence, the storage will have a 16GB solid-state disk.
- Solid-state drives (SSDs) generally reduce the time it takes to start up a system.
- Windows XP and 7 both benefit from SSD.
- HP recognized the performance benefit by including one.
On the flip side, Microsoft could face weak Windows 8/8.1 sales if the Chromebook 14 is successful. For now, some investors may be bullish on the stock considering CEO Steve Balmer is set to retire. The Xbox One, coming out on November 22, could also be a bullish event – the console is the first refresh since 2005.(Written by Chris Lau, a Kapitall Writer. Data sourced from Zacks Investment Research.)