NEW YORK (TheStreet) -- Shares of Microsoft (MSFT) are higher by 1.41% to $47.56 in afternoon trading Thursday, despite comments by Chief Operating Officer Kevin Turner to Japanese news service Nikkei late yesterday that the new Windows 10 system would be released "early next fall," Reuters reports.
The company's new operating system will be out slightly later than previous comments had suggested, Reuters added.
Windows 10 is expected to introduce a single platform for developers for mobile, PC and Xbox.
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Also, Microsoft added a new page to its customer support site with details on how bitcoin could be used to deposit into a Microsoft account used to buy content, including games and videos on Xbox game consoles, or apps and services for Windows phones.
Separately, TheStreet Ratings team rates MICROSOFT CORP as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate MICROSOFT CORP (MSFT) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income."