____/ Robt. Miller on Saturday 16 February 2008 13:58 : \____
> On 2008-02-15, Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx> wrote:
>> ____/ nessuno@xxxxxxxxxxxxxxxxxxx on Friday 15 February 2008 15:17 : \____
>>
>>> <Quote>
>>> Microsoft announced a sweeping shake-up of its executive ranks
>>> Thursday, placing new executives over operations facing fierce new
>>> competition from Google, Apple and cellphone makers....
>>>
>>> [In cellphones, Lees in, Knook out...]
>>>
>>> Microsoft has been paying more attention to its cellphone business
>>> following the introduction of Apple's iPhone and Google's Android
>>> software operating system. In only a few months of the iPhone's
>>> release, according to Canalys, a market research firm, Apple gained 28
>>> percent of the smartphone market in the United States, a greater share
>>> of the market than the cellphones using Microsoft's Windows Mobile
>>> software. [but RIM-Blackberry dominates...]
>>>
>>> [Microsoft buying Danger because they make good phones...MS worried
>>> about web-based computing...in Online Services, Berkowitz out...]
>>>
>>> [Berkowitz] was hired with great fanfare in April 2006 to help revive
>>> Microsoft's search and portal operations. Microsoft has been unable to
>>> make a dent in Google's growing dominance in search and search
>>> advertising. Mr. Berkowitz will leave the company this August, the
>>> company said.
>>>
>>> [Online Services will now be run inside internet-Windows group...new
>>> names in search, advertising...new names everywhere...]
>>> </Quote>
>>>
>>> http://www.nytimes.com/2008/02/15/technology/15soft.html
>>
>> These people are leaving the company which lacks direction. Microsoft has
>> been trying to spin their departures in all sorts of ways. Meanwhile they
>> try to buy other companies to remain relevant, but the culture clash will
>> make things even worse.
>>
>> If the Yahoo deal goes through, Microsoft will start operating _under debt_.
>
> Is that true? I had heard they were going to borrow the money for the
> deal, what happended to their 50 Billion pile of cash?
32 or 36 billion go into buybacks, i.e. filling in the gaps and privitising the
company because outside investors walk away. MSFT almost fell below $20 when
this began.
--
~~ Best of wishes
Roy S. Schestowitz | GPL'd 3-D Reversi: http://othellomaster.com
http://Schestowitz.com | Open Prospects | PGP-Key: 0x74572E8E
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