04.11.12

SEC Versus Microsoft Financial Claims

Posted in Finance, Microsoft at 11:52 am by Dr. Roy Schestowitz

Money on a dark desk

Summary: A recollection of the SEC’s correspondence with Microsoft regarding lack of clarity

THE MONOPOLIST from Redmond is not properly disclosing its money management schemes and practices of tax dodging. Some time ago the SEC contacted Microsoft. As Pogson sarcastically puts it:

That should inspire confidence in shareholders. Depending on the outcome of an appeals process to prop up the bottom line is not good business. If the taxation contingency is $7billion for the audit of 2006, what could be the size of the contingency for all those other years?

We covered this at the time. The CFO left the company and was paid to keep quiet. Just what exactly is going on at Microsoft and why is it taking loans? Much of the money might be stashed abroad, but how much really? Microsoft is shrinking and living on some borrowings.

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2 Comments

  1. walterbyrd said,

    April 12, 2012 at 8:49 am

    Gravatar

    Maybe this is just another example of Microsoft being treated unfairly in the media?

    April 11, 2012
    Is Microsoft unfairly criticized while Apple, Facebook, and Google get away unscathed? Judge the evidence

    http://www.infoworld.com/d/microsoft-windows/microsoft-in-the-media-unfair-and-unbalanced-190570

    Since the early 1990s, I’ve been disgusted with how pop-media rags, such as infoworld put a crazy pro-msft spin on their so-called “news.”

    Now Microsoft is playing the victim? I suppose I shouldn’t be surprised.

    I first read about the story on slashdot. Many posters there (maybe most posters) strongly agree with the article.

    Seems to me that Infoworld might have mentioned this:

    J. Peter Bruzzese
    Peter is a Microsoft MVP, Triple-MCSE, MCT, and MCITP: Enterprise Messaging author and speaker.

    http://www.devconnections.com/conf/speakers.aspx?s=164

    Dr. Roy Schestowitz Reply:

    IDG is paid by Microsoft (through IDC). Sometimes it needs to give Microsoft some “value” for its investment, also in advertising.

    Giving a pro-Microsoft platform to Microsoft partners (or pro-Microsoft lobbyists) makes IDG without journalistic integrity, just like those who quote Microsoft’s lobbyist Florian in articles about Microsoft and its rivals (calling him “blogger”). The latter are more innocent because some of them are genuinely unaware of Microsoft’s payments to Florian, which he only disclosed under pressure.

    Journalism these days is rigged. It’s more like perception management under the banner of “reporting”.

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