For a while now, Microsoft (NASDAQ: MSFT) has been the dark horse in the hardware space, trailing behind rivals as it fights to get the attention of users. But last year's debut of the Surface Pro 3 was a bit of a turning point for the company, as it started to find its stride in the tablet space.

If that's true, then Microsoft's hardware event earlier this week proved that the company has been training for a marathon race against its hardware competitors. Microsoft debuted two new high-end Lumia smartphones -- both sporting 20-megapixel cameras and Qualcomm Snapdragon processors -- and a redesigned Microsoft Band, with a new altimeter sensor, and Cortana improvements.

Microsoft also updated the Surface Pro with a better keyboard, faster processor, a slightly larger display, and a new pressure-sensing display technology. But the big news at the event was the release of Microsoft's new 13.5-inch Surface Book, which pairs the large tablet with a high-end keyboard that sports its own NVIDIA graphics processor.

Click on the video below to find out more about all the tech that Microsoft revealed at its latest event.

Chris Neiger has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Apple and Qualcomm. The Motley Fool owns shares of Microsoft. The Motley Fool recommends Nvidia. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.