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[News] [SOT] SAP Pulls a Microsoft, 'Massages' Financial Results

  • Subject: [News] [SOT] SAP Pulls a Microsoft, 'Massages' Financial Results
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Fri, 20 Jul 2007 07:03:20 +0100
  • Newsgroups: comp.os.linux.advocacy
  • Organization: Netscape / schestowitz.com
  • User-agent: KNode/0.10.4
SAP cocks up its figures

,----[ Quote ]
| For a company that is meant to help enterprises gain better control of
| their financial and other business processes, there will be ashen faces
| at SAP after it put out preliminary Q2 figures with a glaring error. A
| least, an error that we spotted (so yes, well done CBR).
| 
| [...]
| 
| As it is, all it has lost is a little face. Still, these are after 
| all unaudited figures, so surely the firm will have its figures 
| correct once a few consultants have crawled all over them?
`----

http://www.businessreviewonline.com/blog/archives/2007/07/sap_cocks_up_it.html

Be aware that Microsoft is not reporting its results consistently. Microsoft is
using old trick to satisfy naive investors.


Related:

Microsoft expected to post flat fourth quarter profit

,----[ Quote ]
| Microsoft Corp., the world's biggest software company, is expected to post 
| profit that is little changed from a year ago when it reports fourth quarter 
| ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
| results next Thursday, as it takes a $1 billion charge due to flaws in its 
| Xbox video game console.   
`----

http://www.marketwatch.com/news/story/microsoft-quarterly-profit-expected-little/story.aspx?guid=%7BDFC51A5D-8E0F-4EE6-BA34-9FA3B53807EA%7D&siteid=yhoof#017059347292305294773


Software Notebook: Microsoft's cash pile isn't what it used to be

,----[ Quote ]
| But Microsoft has taken a series of steps to reduce its cash
| balance. Specifically, by Microsoft's count, the company has
| paid out nearly $100 billion through dividends and repurchasing
| its own stock in the past five years.
`----

http://seattlepi.nwsource.com/business/309852_software02.html


Microsoft to partners: It's time to change

,----[ Quote ]
| Aiming to rally its partners around the reality of hosted software, Microsoft 
| Chief Operating Officer Kevin Turner told them it was a matter of financial 
| life and death.  
`----

http://news.zdnet.com/2100-3513_22-6195764.html


How Much is Too Much?

,----[ Summary ]
| Microsoft says it will stick with Xbox. But with years of heavy losses
| behind it, the pressure's on for the gaming division to make good
`----

http://www.businessweek.com/innovate/content/oct2006/id20061013_283856.htm?campaign_id=rss_topStories
http://tinyurl.com/yxdr4j


Microsoft stoic despite massive losses

,----[ Quote ]
| If you were to judge by the PR rhetoric, you'd think the 360 was
| an unstoppable commercial juggernaut. As usual though, PR lies.
`----

http://www.gamerscan.com/articles/06/10/09/microsofts.massive.losses/


Microsoft Hides Its Mobile and Business Apps Divisions

,----[ Quote ]
| The company is folding its two worst-performing divisions -- Microsoft
| Business Solutions (its business applications unit) and its Mobile and
| Embedded units -- into the Microsoft Business Division and Microsoft Home
| and Entertainment units, respectively.
`---- 

http://www.microsoft-watch.com/article2/0,1995,1990243,00.asp?kc=MWRSS02129TX1K0000535


A Dozen Stocks For '07

,----[ Quote ]
| Millen also thinks $36 billion in planned share buybacks
| will help the stock.
`----

http://www.forbes.com/2006/12/05/stocks-markets-investing-pf-ii-cz_ag_1205stockpicks.html?partner=yahootix
http://tinyurl.com/yjzfbo


Microsoft counts on Vista to recharge stagnant stock

,----[ Quote ]
| There was a time in the 1990s when shares of Microsoft stock seemed to
| double every couple of years. 1996: college for the kids. 1998: a place
| on Whidbey. 1999: early retirement.
|
| Times have changed.
`---- 

http://seattletimes.nwsource.com/html/businesstechnology/2003437957_vista19.html


Commentary: Microsoft needs more than just buybacks to lift its shares

,----[ Quote ]
| Microsoft shares, which have been dormant for the last few years,
| have been looking up over the last couple months. The Dow industrials
| component has gained about 20% since hitting a 4-year low of $21.46 o
| June 13.
|
| To help move things along, Microsoft not only launched a $40 billion
| stock repurchase program that lasts through 2011, the company also said
| its previously announced 4-year, $30 billion stock buyback program was
| completed in just 2 years.
`----

http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B685EFB89%2D5791%2D4E8B%2DAD6A%2D9688F5B6012A%7D&source=blq%2Fyhoo&dist=yhoo&siteid=yhoo

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