Microsoft Corporation (NASDAQ:MSFT), Apple Inc (NASDAQ:AAPL) - Microsoft Joins Apple In The $2T Valuation Club benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
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“This is another deal that speaks to MSFT s broad tentacles of products across the Azure cloud ecosystem and AR front that enables Nadella & Co. to flex its muscles within the Beltway,” wrote Ives.
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Ives maintained his Outperform rating on Microsoft and has a price target of $231.85.
Why It Matters: In excess of 120,000 of the headsets, based on Microsoft’s Holo Lens headset, would be delivered over a decade to the army, the Wall Street Journal reported Wednesday.
Microsoft reportedly said that the latest headsets will keep soldiers safer and make them more effective by enhancing situational awareness and providing them training opportunities.