The HoloLens technology of Microsoft Corporation (NASDAQ:MSFT) is already creating a lot of fervor and the company is working day and night on the new product line-up. The company is maintaining a cool approach just like the good old days, when it was a pioneer in the tech world. Learning from the past mistakes, the company is now getting geared up to launch a series of useful products that people are eagerly awaiting.
Satya Nadella, Microsoft’s Chief Executive has recently also invested $390 billion on developers from across the world. Since Nadella joined in February 2014, he has tried to refine the system and they are into a lot of new products nowadays. Wall Street has also found a new love in the company and Microsoft’s shares climbed about 15% since its earnings call in April, which is over 40% since the same time in 2013.
Microsoft Earnings Optimistic
As per estimates of Nadella, Microsoft’s yearly earnings will more than triple over the next three years to $20 billion. The newly developed Window 10 is estimated to get over 1 billion users by 2018 and the company is optimistic of having this feature taking a front stage and making Microsoft a world leader once again, just like the old days.
According to market analysts, the involved risks were huge. The HoloLens is a new and untested gadget in a new and untested industry. Even if it beats out rivals like Facebook’s Oculus Rift, there’s no guarantee people will want to strap bulky computers to their heads.
HoloLens To Be Public Soon
Now the company is keen on making public its HoloLens technology. It demonstrated the technique on April 27 as a tool to aid medical students. The company also bought popular fame game Minecraft from $ 2.5 billion in September 2014 and showed it on HoloLens. With HoloLens, the game is not restricted to a smartphone or computer, but can be played even on a coffee table.
Microsoft has in fact more on its sleeves than all the others and the far sight is definitely in the positive direction.