According to a new report from Bloomberg, Microsoft is on track to finish work on its next flagship operating system this summer, with a subsequent pre-Christmas release planned for October.

The company has been developing the OS, Windows 8, for over a year, and offered extensive demos of the software for the media last month.

Windows 8 will support ARM processors like those found in most current mobile devices for the first time, but, at least at launch, the vast majority of devices running Windows 8 will be Intel based just as in the past. According to Bloomberg, fewer than 5 ARM-based devices will be ready for launch.

Windows 8 is designed to offer a uniform experience across PCs and tablets and uses a variation of the "Metro" user interface currently found on Windows Phones. Check out all the reasons you should look forward to the new Windows in our big roundup.

[via Bloomberg]

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