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Update:
TechCrunch.com reports this morning that Microsoft will announce an 'entertainment driven' e-reader/tablet in partnership with Barnes & Noble. The site adds that the tablet is likely to offer XBox Live streaming services. The press conference is scheduled for 3:30 p.m. Pacific Time in Los Angeles.

Will Microsoft Launch An iPad Competitor?

By Swanni 

Washington, D.C. (June 17, 2012) --

Microsoft is planning a "major announcement" on Monday and some reports are saying the company will launch a Windows 8 tablet to compete with Apple's iPad.

"This will be a major Microsoft announcement — you will not want to miss it," the company said in a mysterious e-mail to the media.

The New York Times is reporting that Microsoft will launch the tablet, but others say the location of the press conference (Los Angeles) suggests the company could announce a new entertainment venture.

Other analysts are speculating that Microsoft could do both -- launch a Windows 8 tablet that features a new entertainment service that could compete with everyone from Apple to Netflix.

Stay tuned.

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