Don't Cry for Microsoft
Every year, I hear how Microsoft is under siege, that it just can't compete
with fresh new technologies. The Network Computer promoted by Sun and Oracle
was going to kill Windows (instead, Windows through Citrix is the OS that drives
today's thin clients). Linux was going take over because it's free (instead,
Microsoft decided to integrate with Linux while dramatically improving its own
server OS).
And, most recently, Google was to lay waste to every aspect of Microsoft's
business (in reality, Microsoft has matched Google app for app so far, despite
what inexperienced journalists would have you believe).
Is all this finally catching up with Redmond? Sure. Second
quarter earnings only increased some 80 percent compared to the previous
year's quarter! The run rate of earnings (not revenue) is almost $20 billion.
That's oil company territory.
All areas of Microsoft's business grew. Now, can't we do something about that
stock price?
Posted by Doug Barney on January 28, 2008