A well-known hedge-fund manager has hit out at Microsoft’s “overaggressive and almost panicky” attempts to plump up its online investments.
We can afford to pin some of our hopes on growth in Europe and developing countries and elsewhere, but Microsoft can't — the time horizon on it is too long for a company whose big challenge is to keep beating revenue expectations every quarter in a market where they have 92% share (if they don't beat those expectations every quarter, their stock tanks, the option pyramid collapses, and it's game over).
After ten years of flast stock prices and three quarters of missing expectations, is the end finally here? Twitter asks:
We've seen stories about how M$ is past it's prime, and how rejected their new OS is. Opinion of their new Office is about as low. Partners like CompUSA has gone under while others like Adobe are under full frontal attack for the remaining "profit centers". There's been a regular executive exodus. Now, after three straight quarters of missing Wall Street expectation comes news of massive losses, a now confirmed plan to go into debt buying their own stock and a hiring freeze. Is this, finally, the end of the end for M$?
Oh yes it is! Vista is a massive failure and they won't be able to do better with less.
"There is no distinctly American criminal class except Congress." -- Mark Twain