Narrow Impact for Microsoft’s (MSFT) New OS and Hardware

Microsoft Corporation (MSFT) was once synonymous with its Windows operating system. Revenues from the operating system (OS) determined the movements of its stock price, and consumer reaction to its new releases bordered on a frenzy. 

It is a measure of changing times, then, that the latest release of Microsoft’s operating system and reviews of its new Surface hardware devices have only had a marginal impact on its share price. Between Oct. 5, when Windows 11 was released, and Oct. 8, the company’s stock price inched up by roughly 2.7%. 

While they are still important contributors to Microsoft’s top line, Windows

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