Business Week reports that Goldman Sachs Group Inc. analysts cut Microsoft Corp. shares to neutral, citing the world's largest software company's struggles to gain market share in mobile devices.
Microsoft has struggled to match mobile offerings from rivals including Apple Inc. and Google Inc., whose Android software powers high-end phones and tablet computers. Redmond, Washington-based Microsoft has yet to release a tablet computer to compete with Apple’s iPad, 3 million of which were sold in the first 80 days of its release.Microsoft Cut From Goldman Buy List on Mobile Weakness