Steam Phases Out Support For Windows 7, Windows 8, and Windows 8.1
Portfolio Pulse from Benzinga Neuro
Steam, a popular game store, will no longer support Microsoft Corp.'s Windows 7, Windows 8, and Windows 8.1, affecting less than 1% of its users. The majority of Steam users are on Windows 10 and 11. Valve, Steam's creator, will also end support for macOS 10.13 and 10.14 in February 2024. This decision is in line with Steam's strategy to focus on platforms used by most of its users and is unlikely to impact Steam's overall operations significantly.
January 02, 2024 | 7:26 am
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NEUTRAL IMPACT
Steam's discontinuation of support for older Windows versions is unlikely to have a significant short-term impact on Microsoft's stock as it affects less than 1% of Steam users, and most have migrated to newer versions of Windows.
The news indicates a very small percentage of Steam's user base is affected by the end of support for older Windows versions. Since the majority of users are on newer versions, and the change aligns with Microsoft's push for users to upgrade, the impact on Microsoft's stock is expected to be neutral in the short term.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 30