Google announced new OS HoneyComb for tablets

Google has announced a new operating system for tablet computers. It is launched  to have operating system  competition with Apple's iPad in tablet market. Right since Apple announced ipad, its revenue jumped to new heights.The new version of Google's Android OS is called Honeycomb and it has been optimised for tablets.The features include the ability to buy applications from a computer, buy features inside the app, video chat and improved graphics. "This is a serious investment of years of design and engineering to really nail the experience for a larger screen," Hugo Barra, Google's director of products for mobile, told BBC News.
"This is not a large phone - we wanted tablets running Honeycomb to not just be bigger but also to be better."

Microsoft accepts Windows sales are down becuase of tablets

Microsoft gives its quarterly report and states it better results but also accepts the fact that Windows sales are down because of the growing demand of tablets.

Software giant Microsoft Corporation has posted financial results for its second fiscal quarter of the year, ending on December 31, 2010, and surprised market-watchers by coming up with revenue of $19.95 billion for the quarter, which translated into operating income of $8.17 billion and net income of $6.63 billion. The numbers were buoyed by 55 percent revenue growth in Microsoft’s Entertainment division, with the company moving more than 8 million Kinect sensor systems for its Xbox 360 game console—and, of course, the success of Kinect translated into sales of Xbox 360 systems, game titles, and Xbox Live subscriptions.