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Microsoft Reportedly Aiming For October Release Of Windows 8

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Microsoft Corp. (MSFT: Quote) will finish work on Windows 8 this summer, setting the stage for personal computers and tablets with the operating system to go on sale around October, Bloomberg reported Tuesday, citing people with knowledge of the schedule.

The initial rollout will include devices running Intel Corp. (INTC) and ARM Holdings Plc (ARM) chips, making good on Microsoft's promise to support both standards, Bloomberg quoted the people as saying.

According to Bloomberg, the people said Microsoft will host an event for its industry partners in early April to spell out its release strategy for Windows 8, giving more details on timing and marketing.

The new version of Windows will be the first to use ARM processors, which are most commonly used in smartphones. Windows 7, the current version, only works with Intel's technology. Windows 8 features a new Metro-style interface that is designed for touchscreen input.

Microsoft shares are currently trading at $31.77, down 43 cents or 1.35%.

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by RTT Staff Writer

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After ending the previous session mostly higher, stocks may see some further upside in early trading on Wednesday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 17 points. The Bank of Spain on Wednesday boosted its growth projections for Spain this year and the next after the economy grew at a faster rate in the second quarter. In its monthly economic bulletin, the bank raised the growth forecast for this year to 1.3 percent from the 1.2 percent seen previously. The projection for the next year was lifted to 2 percent from 1.7 percent. Bank of England policymakers unanimously decided to maintain the key interest rate and quantitative easing at the meeting held on July 9 and 10, but signaled the possibility of a rate hike late this year as growth became more established.
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