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View Full Version : Microsoft's market capitalized plummets $90 billion in less then a year



phrostbyte
August 5th, 2008, 04:25 AM
http://www.bloomberg.com/apps/news?pid=20601109&sid=aqWZ_7PKAYi4&refer=news

It looks like Microsoft has lost a lot of steam. Maybe this means Linux has more of a chance then ever to push into the mainstream desktop market.

Dr. C
August 5th, 2008, 04:49 AM
The stock has not done much for the last 8 years. Very different from the 1980's and 1990's when the millionaires and billionaires were created. Here is the link from Yahoo! Finance: http://finance.yahoo.com/q/bc?s=MSFT&t=my&l=on&z=m&q=l&c=

ghindo
August 5th, 2008, 04:55 AM
I guess this means no more free soda (http://blog.seattlepi.nwsource.com/microsoft/archives/131418.asp) for Microsoft :(

LeoSolaris
August 5th, 2008, 05:03 AM
A small stumble unfortunately. Linux is still walking the long path without a truly lucky break in Microsoft's grip on the PC market. As the news clip said, the Internet devision (which is what stumbled) is the smallest of the Microsoft conglomerate. It is a failed first move by Ballmer, but hardly crippling. Let's keep our fingers and toes crossed that this opening stumble is indicitive of how Microsoftwill be handled in the future. Most likely not... but it's a warm and cheery hope none the less.

Vista seemed like a stumble, but in truth it is a strategy move on Microsoft's part. They did this before, with ME, and the very next one they will put out will most likely be a "flag ship" the way XP was. MS needs to move people away from XP, so Vista is more like a lightening rod. They can really "shine" when they "improve" in Windows 7.

I hate defending Microsoft's position, but they are sill in a position of strength. They may have dwindled some, but they still have a tenacious stranglehold on the home user. Fortunately that is their only hold. If they had succeeded in purchasing Yahoo, and started generating internet ad revenue... they would have started to move back towards monopoly-dom.

I really hope that start up company within Microsoft fails to come up with something significantly creative.

Leo

MaxIBoy
August 5th, 2008, 05:36 AM
They're buying AOL... so they can make a profit.


Does not compute.