Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

MICROSOFT CORPORATION

(MSFT)
  Report
Real-time Estimate Cboe BZX  -  01:18 2022-11-28 pm EST
242.29 USD   -2.10%
01:10pApple, energy shares drag Wall St lower amid China COVID protests
RE
12:02pExclusive-Microsoft likely to offer EU concessions soon in Activision deal - sources
RE
11:53aMicrosoft remedy will consist mainly of 10-year licensing deal f…
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies
Days
:
Hours
:
Minutes
:
Seconds

Exclusive-India's Reliance Jio to launch 4G enabled low-cost laptop at $184 -sources

10/02/2022 | 08:20am EST
A woman checks her mobile phone as she walks past a mobile store of Reliance Industries' Jio telecoms unit in Mumbai

NEW DELHI (Reuters) - Reliance Jio will launch a budget laptop priced at $184 (15,000 Indian rupees) with an embedded 4G sim card, aiming to replicate the success of its low-cost JioPhone in India's highly price-sensitive market, two sources told Reuters.

The Mukesh Ambani-led conglomerate has partnered with global giants Qualcomm and Microsoft for the JioBook, with the former powering its computing chips based on technology from Arm Ltd, and the Windows OS maker providing support for some apps.

Jio, India's biggest telecom carrier with more than 420 million customers, did not immediately respond to a request for comment.

The laptop will be available to enterprise customers such as schools and government institutes from this month, with a consumer launch anticipated within the next three months, sources said. As with the JioPhone, a 5G-enabled version will follow.

"This will be as big as JioPhone," one of the sources with direct knowledge of the matter told Reuters.

Since its launch late last year, the handset has been India's top-selling sub-$100 smartphone, accounting for a fifth of the market over the last three quarters, according to Counterpoint.

The JioBook will be produced locally by contract manufacturer Flex with Jio aiming to sell "hundreds of thousands" of units by March, one of the sources said.

Overall PC shipments in India stood at 14.8 million units last year, led by HP, Dell and Lenovo, according to research firm IDC.

The launch of the JioBook will extend the total addressable laptop market segment by at least 15%, Counterpoint analyst Tarun Pathak said.

The laptop will run Jio's own JioOS operating system and apps can be downloaded from the JioStore. Jio is also pitching the laptop as an alternative to tablets for out of the office corporate employees.

Jio, which raised around $22 billion from global investors such as KKR & Co Inc and Silver Lake in 2020, is credited with disrupting the world's no. 2 mobile market when it launched cheap 4G data plans and free voice services in 2016, and later the 4G smartphone at a cost of just $81.

(Reporting by Munsif Vengattil in New Delhi; Editing by Kirsten Donovan)

By Munsif Vengattil


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
KKR & CO. INC. -1.43% 51.11 Delayed Quote.-30.40%
LENOVO GROUP LIMITED -1.43% 6.2 Delayed Quote.-29.80%
MICROSOFT CORPORATION -2.20% 242.11 Delayed Quote.-26.41%
QUALCOMM, INC. -2.06% 120.89 Delayed Quote.-32.49%
RELIANCE INDUSTRIES LTD 3.44% 2707.55 Delayed Quote.10.53%
SILVER -1.26% 20.9949 Delayed Quote.-8.21%
All news about MICROSOFT CORPORATION
01:10pApple, energy shares drag Wall St lower amid China COVID protests
RE
12:02pExclusive-Microsoft likely to offer EU concessions soon in Activision deal - sources
RE
11:53aMicrosoft remedy will consist mainly of 10-year licensing deal f…
RE
11:53aMicrosoft likely to offer eu remedies in coming weeks…
RE
10:40aWall St losses limited as Amazon gains on upbeat Cyber Monday
RE
10:24aActivision Blizzard Falls as US Antitrust Regulator Reportedly Likely to Block $69 Bill..
MT
09:52aBanks in EU face tougher rules on using cloud computing giants
RE
09:01aWall St set to open lower on China's anti-lockdown protests; Apple slips
RE
06:45aWall St futures slip on China COVID woes; Apple falls
RE
05:39aSouth Korea's Top Five Crypto Exchanges to Delist Wemix Token
MT
More news
Analyst Recommendations on MICROSOFT CORPORATION
More recommendations
Financials (USD)
Sales 2023 213 B - -
Net income 2023 71 663 M - -
Net cash 2023 68 340 M - -
P/E ratio 2023 25,9x
Yield 2023 1,06%
Capitalization 1 845 B 1 845 B -
EV / Sales 2023 8,34x
EV / Sales 2024 7,19x
Nbr of Employees 221 000
Free-Float 99,9%
Chart MICROSOFT CORPORATION
Duration : Period :
Microsoft Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MICROSOFT CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 50
Last Close Price 247,49 $
Average target price 296,98 $
Spread / Average Target 20,0%
EPS Revisions
Managers and Directors
Satya Nadella Chairman & Chief Executive Officer
Bradford L. Smith President & Chief Legal Officer
Amy E. Hood Chief Financial Officer & Executive Vice President
James Kevin Scott Chief Technology Officer & Executive VP
Hemma Prafullchandra CTO
Sector and Competitors
1st jan.Capi. (M$)
MICROSOFT CORPORATION-26.41%1 844 908
SYNOPSYS INC.-9.73%50 864
DASSAULT SYSTÈMES SE-30.63%49 598
CADENCE DESIGN SYSTEMS, INC.-10.22%45 896
ATLASSIAN CORPORATION-67.44%31 718
SEA LIMITED-75.72%30 514