EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS

08.13.10

Microsoft Downgraded Again, This Time by Jim Yin; Bill Gates Dumps Microsoft Shares

Posted in Bill Gates, Finance, Microsoft, Vista 7, Windows at 4:32 am by Dr. Roy Schestowitz

Downtown New York

Summary: Another blow to Microsoft as its cash cows remain tied to a stagnant market; Gates sells 2 million shares of the company he co-founded

M

ICROSOFT is having some hard times with growing debt and a series of negative long-term projections from analysts. “[T]he big slump in PC sale for MS is about to happen,” wrote Chips B Malroy last night. He linked to Microsoft Gavin, who is doing/airing Microsoft’s ‘damage control’ in the face of slumping desktop sales (Vista 7 is quite irrelevant outside desktops/laptops). Microsoft’s stock has just fallen following reports of desktop demise.

Standard & Poor’s equity analyst Jim Yin lowered his rating on Microsoft stock Wednesday to “hold” from “buy,” and cut his price target from $35 to $31. MSFT was trading at about $24.60 as of 10 a.m. PDT.

“We are concerned about a slowing global economy and think PC unit sales growth will moderate after rising over 20 percent in the first half of this year,” Yin wrote in a research note, as reported by Barron’s. “Inventories of some PC components such as hard disk drives have been rising, indicating to us that some PC manufacturers have already seen weaker demand. Slower economic growth will most likely delay a PC refresh cycle.”

Bill Gates, who uses a so-called ‘charity’ as an investment vehicle, is already dumping more of Microsoft (MSFT). Even Gates does not consider it to be a good investment.

Microsoft (MSFT) Gates William H III DIR 2,000,000 $51,145,40

As Microsoft struggles it will also sue more.

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

What Else is New


  1. Links 18/9/2014: Windows Copying GNU/Linux, Germany Moves to Security

    Links for the day



  2. Web Site 'Patent Progress' Now Officially 'Powered by CCIA' (FRAND Proponent, Microsoft Front)

    After talking a job at CCIA, "Patent Progress" and its chief author should be treated as dubious on real patent progress



  3. Articles About the Death of Software Patents in the United States

    Recent coverage of software patents and their demise in their country of origin, where even proponents of software patents are giving up



  4. The Death of Software Patents is Already Killing Some Major Patent Trolls

    VirnetX seems to be the latest victim of the demise of software patents in the United States



  5. More Microsoft Layoffs

    More Microsoft layoffs go ahead as the company is unable to compete



  6. ODF on the Rise

    Milestones for OpenDocument Format (ODF) and the launch of FixMyDocuments



  7. Links 17/9/2014: CoreOS, ChromeOS, and systemd

    Links for the day



  8. Italy is Cracking Down on Microsoft's Monopoly Abuse While Gradually Moving to GNU/Linux

    Italy is not only moving to Free/Open Source software but also to GNU/Linux while at the same time barring Microsoft from forcibly tying Windows to new PCs



  9. OpenSUSE's 'Assurances' Are Classic MBA School Hogwash

    OpenSUSE is not part of any commitment, except for SUSE's; the impact of the Novell/SUSE acquisition casts uncertainty on the project's future



  10. Links 16/9/2014: Firefox OS Smartphones in Bangladesh, “Treasure Map” of the Internet

    Links for the day



  11. The United Kingdom Should Dump Microsoft For the Sake of National Security

    The UK has issues of Microsoft dependency and Windows viruses; its migration to Free software and GNU/Linux is not fast enough to guard its autonomy in the age of digital imperialism



  12. CBS Hires Even More Microsoft Staff to Cover Microsoft Matters

    CBS continues to be infested with Microsoft staff past and present (this time Dave Johnson) and the bias in output is quite revealing



  13. Microsoft Has Just Killed Minecraft for GNU/Linux and the Possibility of Free/Open Source Releases

    Persson sells out to Microsoft and lets the abusive monopolist destroy the popular cross-platform game that a community has been built around



  14. Another Reason to Boycott Intel UEFI

    More anti-competitive aspects are revealed inside UEFI, which helps merginalise GNU/Linux



  15. Quick Mention: Novell and SUSE Passed to Microsoft's 'Partner of the Year', Microsoft Focus

    Novell is changing hands again, and falling into the hands of even more Microsoft-friendly actors



  16. Links 16/9/2014: Linux 3.17 RC5, KDE Frameworks 5.2.0

    Links for the day



  17. Željko Topić, Benoît Battistelli, and the European Patent Office (EPO): Part II

    Part II of our look into the EPO appointment of Željko Topić and other matters showing the dubious integrity of the EPO



  18. Links 14/9/2014: Android-based Watches Earn Optimism

    Links for the day



  19. Links 14/9/2014: Eucalyptus Devoured

    Links for the day



  20. Links 11/9/2014: Linux Toilet Project, Linux-Based Wheelchair Project

    Links for the day



  21. Links 10/9/2014: Brian Stevens in Google, Ubuntu 14.10 Expectations

    Links for the day



  22. Links 9/9/2014: Hating/Loving Linux, Android Aplenty

    Links for the day



  23. Links 8/9/2014: Linux 3.17 RC 4, Switzerland Welcoming Snowden

    Links for the day



  24. Suspicion of High-Level Corruption at the European Patent Office (EPO): Part I

    The European Patent Office (EPO) Vice-President has a background of corruption and his appointment to the EPO too is believed to be reliant on systemic corruption



  25. Links 6/9/2014: Core OS at DigitalOcean, Women in Xorg

    Links for the day



  26. Software Patents 'Quality' Debated in Courts, Microsoft's Biggest Patent Troll Still a Chronic Liar

    Intellectual Ventures, Microsoft's and Bill Gates' largest patent proxy, continues to spread lies about its motivations, claiming that patent assessment is among the goals when in fact only the courts and patent offices do this



  27. New Article Explains How Bill Gates Prevents Schools From Moving to GNU/Linux and Free Software

    A new article from Al Jazeera provides details about the role of so-called 'charities' of billionaires inside school systems



  28. Microsoft Sued for Large-scale Copyright Abuses

    Microsoft reveals its disregard for copyright law which it loves so much to wield as a weapon against its competition and clients



  29. Links 5/9/2014: New WordPress, Systemd Debate Continues

    Links for the day



  30. 'Embrace and Extend' at Microsoft: The New Generation

    Some of the latest examples of Microsoft's predatory acts against Free software and against competition in general, disguised as acts of friendliness


CoPilotCo

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

CoPilotCo

Recent Posts