On October 2, Microsoft (MSFT) announced several enhancements to its Surface product portfolio. These enhancements could help boost Microsoft’s Surface product sales. The new matte black Surface Pro 6 is powered by Intel’s (INTC) eighth-generation processors and starts at $899. In addition, the new Surface Laptop 2 is integrated with the eighth-generation quad-core Intel processor and is priced at $999. Microsoft also enhanced its Surface Studio 2 with 50% more powerful graphics. The price starts at $3,499. All the devices are expected to be shipped on October 16. The company also announced the new Surface Headphones, which are integrated with Cortana and priced at $350.
Surface business trends
Microsoft’s Surface revenues continue to fluctuate. However, in the fourth quarter of fiscal 2018, Surface revenues rose 25% YoY to $1.2 billion. The graph above shows Surface revenue trends in the last five quarters. During the period, revenues grew at a CAGR (compound annual growth rate) of 5.7%. Thus, these enhancements to its Surface product portfolio could drive the company’s Surface sales going forward.