Microsoft Impresses With Windows Event, Turns Up the Heat on Apple
Microsoft unveiled a series of new Surface devices on Oct. 26 and discussed several updates coming to Windows 10. The firm announced refreshes to the increasingly popular Surface Book line and unveiled its top-of-the-line all-in-one desktop device, the Surface Studio. While our initial takeaway is that these products represent a compelling alternative to Apple’s iPad and Mac lines, they don't move the needle on our $63 fair value estimate or our wide economic moat rating.Despite the abject fail...
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