Microsoft's Virtual Reality Attempt Fails to Impress
In October, Microsoft (NASDAQ: MSFT) entered the virtual reality business with its Windows Mixed Reality platform and lineup of third-party headsets. The move was seen as an entrance into a business potentially worth billions, and the Mixed Reality moniker indicates that the company has plans for more devices in the future.
It may make sense for Microsoft to try to build a VR platform because the long-term profit will be with the company that owns the platform. But that potential also makes the VR product disappointing for both consumers and investors.
Image source: Getty Images.
Source: Fool.com
Microsoft Corp. Stock
€391.80
1.500%
With 108 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 418 € shows a slightly positive potential of 6.69% compared to the current price of 391.8 € for Microsoft Corp..
