Publication Date: 05/21/2014
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WEDNESDAY, MAY 21, 2014 | | Business A7 <Surface Surface Pro 3 that BMW Group, CocaCola <Housing Operating system: Windows and LVMHMoet Hennessy FROM A6 8.1 Pro Louis Vuitton have already FROM A6 committed to buying and LIGHTER, THINNER Size: 7.93 x11.5 x0.36 in. employing the device in MANY HOMEOWNERS AND BIGGER SCREEN Weight: 1.76 lbs. their companies. TRAPPED BY DEBT Mainelli, the IDC analyst, Display: 12 in. diagonal Interest grows among thinks Surface Pro 3will Firsttime buyers corporate users Color: Silver help Microsoft gain traction squeezed out Processor: Fourth for its tablets among corpo generation Intel Core i3, i5 rations. The Surface Pro 3may not In IDC’s focus groups, he prices in parts of the country dramatically move the nee or i7 said, there's growing interest to levels that squeeze out dle for Microsoft’s tablet Battery: Up to nine hours of in 2in1 devices and the many firsttime and middle market share —but it should Web browsing Surface in particular. class buyers. help, Mainelli said. “This product certainly is The problem is most pro Price: Starts at $799 “I was very impressed by even more desirable than nounced among starter MARK LENNIHAN /THE ASSOCIATED PRESS the device,” he said. “It has Accessories: Surface Pro Surface Pro 2,” Mainelli said. homes with prices averaging Microsoft’s Panos Panay shows off Surface Pro 3: “I am the potential to really jump Type Cover (keyboard) “IT buyers that have tradi around $100,000, 30.2 per start the 2in1 category.” sure that this is the tablet that can replace the laptop.” $129.99 tionally supported Win cent of whose owners are The launch of alarger Source: Microsoft dows, Ithink, will look at burdened by underwater device rather than aSurface about,” he said. aspect ratio and athickness this product as aviable op mortgages, sometimes called Mini —atleast for now — Panos Panay, aMicrosoft of 9.1 millimeters, and tion.” negative equity. may also reflect new CEO vice president in charge of weighs 800 grams (1.76 vice. Michael Silver, an analyst “The unfortunate reality is Satya Nadella’s strategy of Surface computing, declined pounds) The included stylus, called with research firm Gartner, that housing markets look to focusing on what Microsoft to say whether the company The Surface Pro 2, in com the Surface Pen, opens Mi regards the Surface Pro 3as be swimming with underwa can uniquely do. That would is working on aSurface mini, parison, has a10.6inch crosoft’s OneNote program “a really competitive entry,” ter borrowers for years to be producing hardware that saying just that it’s working screen with a16:9 aspect with aclick of the pen, and especially for corporate come,” said Stan Humphries, emphasizes productivity and on awide variety of prod ratio and athickness of 13.5 stores what’s been written to users. chief economist at Zillow. that connects to the compa ucts. millimeters, and weighs 900 OneDrive with one click as “It's high end,” he said. The share of mortgage ny’s growing array of cloud It was Panay who gave grams (1.98 pounds). well. “It's not clear that [Surface] holders with negative equity services. most of the morning’s pre Panay also emphasized Anew docking station will can capture the hip factor is projected to drop to Nadella started Tuesday’s sentation, introducing the that the Surface Pro 3is also be available. from Apple yet.” 17 percent at the start of next event with a specifics of Surface Pro 3, lighter than the 13inch The Surface Pro 3will run Silver said it will take year, according to Zillow. brief ap which Microsoft executives MacBook Air, which weighs on Intel Core i3, i5 and i7 handson time to see if the Several major U.S. metro pearance on repeatedly emphasized was almost 3pounds. processors. Surface Pro 3can be atrue areas are stuck with residents stage, say alaptop replacement. In addition, the new hinge “I am sure that this is the laptop replacement. who have high rates of nega ing Micro Panay said he and his allows the Surface Pro 3 tablet that can replace the “Any time you look at a tive equity. Circ - NIE Main/A007/METRO NIE Jackson School 5.21 soft is not team worked on making the kickstand to move from 22 laptop,” Panay said. machine that tries to do In Chicago, nearly 45 per interested in device larger and lighter degrees to 150 degrees. The devices, which start at more than one thing, there cent are underwater or effec building than its predecessor; im The new Surface Pro Type $799 for the i3 version, can are tradeoffs,” he said. tively underwater. The rate is hardware proved its “lapability” —the Cover (sold separately) has a be preordered starting But the Surface Pro 3, 53.1 percent in Atlanta, 50.6 purely for Microsoft ability to work on the device larger trackpad with re Wednesday. The i5 version Silver said, “probably comes percent in Las Vegas, 46.6 hardware’s CEO Satya while it’s on one’s lap — duced friction and smoother will be in retail stores in the closest so far in terms of percent in Charlotte, 44 sake. Nadella through improvements in scrolling, as well as amag U.S. and Canada on June 20. minimizing tradeoffs. ... percent in St. Louis and 43.2 Rather, the kickstand hinge and netic latch that allows the The other configurations You’re seeing some innova percent in Tampa. the company’s focus on keyboard latch; improved user to shorten the distance will be available in August. tion from Microsoft, maybe Sales of existing homes hardware starts with an the cover’s trackpad; and between the bottom of the While not limiting the going adifferent way from have slowed after strong “obsession of empowering created astylus pen to write tablet and the top of the Surface Pro 3tobusinesses, the rest of the industry.” growth in the first half of every individual to do more on the screen. keyboard, providing astron Microsoft clearly is targeting Janet I. Tu: 2064642272 or 2013. and be more. That is what The Surface Pro 3has a ger, more stable connection them. [email protected]. On Twitter Americans bought homes we at Microsoft are all 12inch screen with a3:2 between keyboard and de Microsoft said Tuesday @janettu. at aseasonally adjusted annual rate of 4.59 million in March, the lowest level since July 2012, according to the <Russell tors. Owning an index oper said Morningstar’s Ceron. including Blackstone Group eponymous stock exchange, National Association of Real ator would make it easier to Peter Lenardos, analyst at and Bain Capital, people one of the world’s oldest. tors. Client Name: Advertiser: Section/Page/Zone: Description: FROM A6 provide futures and options RBC Capital Markets wrote with knowledge of the mat It also operates other It was the seventh drop in contracts based on different in anote that “a potential ter said in March. exchanges where equities eight months. EXCLUSIVE TALKS gauges. acquisition of Russell’s index The business may fetch and bonds are traded, such Nationwide, the median WITH LSE GROUP The challenge in the index business makes both strate about $3 billion, according as Borsa Italiana in Milan. sales price in March was industry is that “branding is gic and financial sense.” to two of the people, who Russell was founded in $198,500, up 7.9 percent Any sale might only all important. If you want to He said combining Russell asked not to be identified Tacoma 1936 and trans yearoveryear. offer retail product, you and FTSE “would propel LSE because the talks weren’t planted to Seattle in 2010. There were nearly 2mil include indexes need brand. You can create Group to the No. 3provider public. The fact that Northwestern lion homes for sale at the end something new. But if inves of indices to ETFs (exchange Northwestern wants to is now negotiating only with of March. But at the current the fit,” said Ceron. tors have never heard of it, traded funds) globally, be keep it whole rather than asuitor that may be interest sales pace, that’s enough to He said LSE Group might the hurdle is almost insur hind S&P Dow Jones and split it up, two of the people ed only in part of Russell’s last only 5.2 months, below spin off the assetmanage mountable,” Rolet said on MSCI, would add more said in March. But LSE hasn’t business could stoke uncer the six months’ supply that’s ment part, or at least come the earnings call. recurring, predictable reve specified whether it’s inter tainty about the future of considered normal. up with agood explanation That’s where the Russell nue, and would allow LSEG ested in all or part of the some of the company’s 1,800 The realtors association to shareholders on why it’s indexes come in: They have to fully penetrate the U.S. business. employees. will release April sales fig getting into the assetman pretty powerful name recog market, where half of the The London Stock Ex ures on Thursday. Econo agement business. nition. world’s assets under man change Group traces its Material from Bloomberg News is mists surveyed by FactSet included in this report. 414651 1 6 x 10 N/A LSE has trailed rivals such They would help “move agement resides.” history back to 1801. It em Ángel González: 2064642250 or expect aslight 2.2 percent as Deutsche Boerse in pro forward” the LSE Group’s Russell Investments at ploys about 2,800 people [email protected].