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Microsoft Corporation (MSFT) Pushes Windows 10 to Business Users: Investors Harvest Profit

Microsoft Corporation Windows 10 slows down

Microsoft Corporation is set to use a number of tricks to make businesses upgrade their PCs to Windows 10. Microsoft began rolling out special Windows 10 update yesterday. Getting businesses to upgrade is now the big focus for the tech firm. Microsoft says that 12 million PCs belonging to businesses are already using the Windows 10 operating system.

The firm seems fixated on getting millions of businesses to upgrade as the firm continues to rebrand itself. However, the firm needs to stay on top of its game to show investors that it can still grow and avoid a capital flight. Some investors are already taking profits off the table – news has it that a hedge fund has taken profit off the table after Microsoft stock made a new 52-week high of $53.98 per share.

Microsoft Readies Windows 10 for Business Needs

Microsoft is proud that its new Windows 10 has a lot going for it. The new OS launched three months ago is now being used by more than 110 million devices. Microsoft designed Windows 10 to work with universal apps as it merges desktop with mobile. Windows 10 works well on most devices such as laptops, tablets, smartphones and touchscreens. The goal of the firm is to get 1 billion devices to run this new OS in the next two to three years.

Microsoft released a Windows Update and Windows Store for business yesterday. Both packages were made for businesses to help them deploy and manage apps and updates with ease. Speed and polish are key features in these updates – the firm seems confident that timely updates and new features would entice businesses to upgrade to Windows 10.

Hedge Fund Sells Microsoft Stock and takes Profit off the table

ValueAct Capital disclosed yesterday that it had sold one quarter of its Microsoft shares for about $1 billion. ValueAct Capital is a hedge fund managed by Jeff Ubben. The hedge fund sold 18.65 million of its Microsoft shares to keep its holding in the software giant to a level that is manageable within its total portfolio.

ValueAct sold off part of its holding in Microsoft at a time when the share price of the software giant surged in response to a better-than-expected 3rd quarter financials released recently. Microsoft continues to make progress in its drive for mobile-first and cloud-first approach to growth.

According to a statement released by ValueAct Capital, gains made by Microsoft shares have increased the weight of the fund in its overall portfolio relative to other stocks. Perhaps a steep decrease in the price of other stocks being managed by the hedge fund is also a factor, but the fact remains that ValueAct has taken off its Microsoft profits off the table.

 

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Adam Green is an experienced writer and fintech enthusiast. He he worked with LearnBonds.com since 2019 and covers a range of areas including: personal finance, savings, bonds and taxes.

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