Microsoft: Windows 8 selling well despite PC slump
SAN FRANCISCO (AP) - Microsoft says the latest version of its Windows operating system is off to a great start. Yet it remains unclear whether the revamped software will win over enough people to revive the slumping personal computer market.
About 40 million licenses to Windows 8 were sold in its first month on the market. Microsoft released the figure Wednesday in conjunction with the company's annual shareholder meeting held near its Redmond, Wash. headquarters.
But a prominent analyst who tracks Microsoft for Nomura Securities lowered his financial forecast for the company because he expects PC sales to continue faltering.
Although most of the world's PCs run on Windows, personal computers have been losing market share as more people embrace smartphones and tablet computers to consume and create digital content.