Microsoft (MSFT +3.5%) jumps following the introduction of Surface (I, II), as hopes grow that...

|About: Microsoft Corporation (MSFT)|By:, SA News Editor

Microsoft (MSFT +3.5%) jumps following the introduction of Surface (I, II), as hopes grow that Windows 8 will emerge as a legit rival to the iPad (AAPL). Analysts are praising Surface - S&P is upgrading Microsoft to Strong Buy - but also note the tablet's potential to create tension with Windows OEMs; Dell (DELL -1.5%) is notably selling off today. Aware of this issue, Microsoft suggests Surface will be priced on par with other Windows 8 tablets, and, for now at least, only plans to sell it online and at Microsoft Stores.