Microsoft beats Street, readies new mobile devices

Microsoft is working with manufacturers to produce a line of small touch-screen devices powered by Windows, apparently intended to compete with tablets like the iPad Mini and Amazon Kindle Fire.

Peter Klein, Microsoft’s chief financial officer, told investors and analysts on a conference call Thursday that the new devices will be available in coming months at competitive prices.

via Business feed http://www.scmp.com/business/companies/article/1218089/microsoft-beats-street-readies-new-mobile-devices