Microsoft has recently concluded their highly anticipated launch event this month. The event itself was expected to be the venue for the launch of the company's latest generation products, including its latest 2-in-1 laptop tablet device, the Microsoft Surface Pro 5.

During the event, the company revealed a lot of their software updates which included some very cool new features involving augmented reality, 3D rendering, and its new VR line-up.

In terms of hardware, the company also had a variety of surprises as they launched their most powerful laptop ever, the Microsoft Surface Book i7, and their new all-in-one PC, the brand new Surface Studio.

Both devices are, of course, at the very high-end of the company's products and they both sport hefty price tags. For this reason, some users were looking forward to the company launching the new Surface Pro device, but unfortunately that didn't happen during the event.

According to several market experts and reports, there may be several reasons why Microsoft had decided not to launch the device this month. One of the reasons is that the company apparently has yet to fully complete the development of its latest Windows 10 update, dubbed the Redstone 2 update.

The update itself is expected to be coming out sometime next year, and the new Surface Pro 5 is expected to be running it out of the box.

Another reason for the Surface Pro 5's late release is that Microsoft reportedly wants the device to sport Intel's latest generation CPU using its latest Kaby Lake architecture. The new processor has not yet been officially released and is expected to be coming early next year.

Aside from the new CPU and the Redstone update, the new Surface Pro 5 is expected to be coming with brand new features, including a possible 4K display.

The new Surface Pro 5 is expected to be launched around the same time as the completion of RedStone 2 and the release of Intel's new chip, which is sometime in the first quarter of 2017.