Microsoft: Lost In Transition
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| Microsoft reported fourth-quarter sales above Wall Street's estimates
| and announced a $20 billion stock buyback, but with its business still
| in transition, margin improvement is unlikely in the near-future,
| according to a Friday report by Credit Suisse.
|
| [...]
|
| "[Yet] Microsoft is in the midst of a difficult transformation away from
| its mature PC-centric model to software as a service based offerings.
| With the company's business model in transition, we expect little
| improvement in margins in coming years."
|
| [...]
|
| "Taking a step back and looking at the broader landscape, we still
| think there are better growth opportunities in pure-play competitors
| like Red Hat , salesforce.com, and the leading Internet names like
| Google and Yahoo!," the analyst said.
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http://www.forbes.com/2006/07/21/microsoft-0721markets03.html?partner=yahootix
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