Microsoft Kicks Fourth-Quarter Butt
So Microsoft is done, and Apple and Google are kings. How then can you explain the fact that in this dormant economy Redmond set another record with $16 billion in revenue and $4.5 billion in profit in its latest quarter?
While one could credit the Xbox and Windows 7, Microsoft says all its businesses saw growth in the double digits.
Still, Windows 7 was the star of the show. With some 175 million licenses sold, Microsoft claims that 15 percent of PCs worldwide now run the latest version of Windows.
Online stuff, such as Bing, still loses a ton of dough, but Microsoft has deep bank accounts and can afford to be patient.
Given Microsoft's great financial performance in recent years, why is its stock so hideously moribund? Long and short sellers alike can explain this to me at [email protected].
Posted by Doug Barney on July 26, 2010 at 11:53 AM