Microsoft Corporation (NASDAQ:MSFT) stocks surged in premarket trading on Monday as it declared that it is offering Windows Phone users additional 20GB of free SkyDrive storage for one year. It’s valued pointing out that the 20GB of free storage being offered by Microsoft by means of SkyDrive is as well to the 7GB previously available.
According to the news releases, it is confirmed by Microsoft through sending an email to the Live account linked to the Windows Phone device, which declared, You now have an extra 20GB of free Microsoft SkyDrive storage for one year.
The mail also declared that to show their appreciation of Windows Phone customers, they are giving an extra 20GB of free SkyDrive storage for only one year. This is in adding up to the 7GB of free SkyDrive storage so as to all customers at present have.
The email sent by the Windows Phone as well as SkyDrive teams has a deliverance link that must be clicked on before January 31, 2014, to assert the free storage, according to Microsoft.
Further declared that a great method of using this additional storage is to automatically endorsement the photos in addition to videos you take on your phone. At what time your photos or files are on SkyDrive, user can still obtain to them if something happens to their phone.
On the other hand, the newest move by Microsoft could as well be an effort to draw more consumers to choose for its Windows Phone eco-system this Christmas. Previously, a survey asserted Windows-based smartphones were creating significant inroads in Europe. The survey released Windows had a 12% share in Britain, 10.8% in France, 9.5% in Italy, 8.8% in Germany and 2.2% in Spain.
The proposed acquisition Microsoft Corporation (NASDAQ:MSFT) for Nokia’s devices business appears to be receiving more due assiduousness than usual for authorization by Chinese authorities. The Economic Observer declared that such contracts typically get approval by China’s Ministry of Commerce following a 30-day first phase investigation, other than it is at present undergoing a second phase probe. The agreement has already been saw the green light in other countries, including the United States and Europe.
Microsoft Corporation (NASDAQ:MSFT) stock’s trade at beginning with a price of $36.20 and throughout the trading session climbed at a high of $36.93 other than when day-trade ended the stock finally advanced 1.52% to closed $36.80 in last trading session.
Shares price of MSFT moved down from its 20 days moving average with -2.17% and remote positively from 50 days moving average with 0.96%. MSFT current year earnings per share experienced an addition with 0.80 % while its current quarter performance remained 13.27%.