Friday, May 4th, 2007, 2:42 am
Windows Vista Not Selling, So Microsoft Lies
Filed under: What else would you expect from a company with such a shady track record?
Microsoft’s Record Quarter: Shareholders Paid for Most of the Upside Surprise
“Said another way, Microsoft achieved record breaking earnings during the Vista launch quarter by taking money out of its assets, not through amazing sales of Vista and Office.”
Guess what? Microsoft delivered headlines which attribute this ‘success’ to nothing but Office and Vista sales. On several occasions, Microsoft has refused to say how many units they actually sold. They seem to just be emptying their savings in order to create an illusion which they are comfortable with. According to the following, the company has lost over half of its cash reserves in just two years, but it is all happening very quietly.
Software Notebook: Microsoft’s cash pile isn’t what it used to be
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.
