News Headline Summary

Microsoft (MSFT) is working on its own smaller tablet, a 7 inch gaming tablet

Update details:

Instead of running a version of Windows 8 like other Surface tablets, it will apparently have a custom operating system that will offer messaging and other tablet functions, but with a gaming focus.

The report states that the hardware is being developed at Microsoft's Silicon Valley offices, and that Xbox-related buildings have been "locked down", most likely due to increased testing.

It was added that a release is expected before the next Xbox console, which is currently speculated for a late 2013.

The next Xbox console is rumoured to offer an improved Kinect device and two CPUs, one for gaming and the other for multimedia applications. (DigitalSpy)

Print 15:41, 06 Nov 2012 - US Equities - Source: Newswires