05.28.13
Gemini version available ♊︎The Economist Slams Vista 8
Summary: The business section of a large publication for businesspeople slams Vista 8 as well as Microsoft’s attempts to hide the truth; the author continues to allege worse times are ahead
THE living disaster known as Vista 8 has thrown Microsoft into a tailspin and a lot of media spin. A personal piece from a widely-read paper dismantles Microsoft by stating: “IT IS always fun to watch the mighty fall. It is even better when they try to break their fall with corporate waffle. This week Microsoft said it was rethinking “key aspects” of its new operating system, Windows 8. But then it began to obfuscate. A Microsoft executive insisted that “customer satisfaction” with the new offering “is strong” while also conceding that “the learning curve is definitely real”. (Translation: customers are tearing out their hair and scattering it on the keyboard.)”
“The above article is titled suitably, stating that Vista 8 is only the beginning of Microsoft’s problems.”The article is worth reading. It is quite good.
We recently showed that Microsoft goes down the same road as Enron (with Goldman Sachs lady as CFO). The above article is titled suitably, stating that Vista 8 is only the beginning of Microsoft’s problems. █
“Microsoft, the world’s most valuable company, declared a profit of $4.5 billion in 1998; when the cost of options awarded that year, plus the change in the value of outstanding options, is deducted, the firm made a loss of $18 billion, according to Smithers.”
–The Economist, 1999
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Needs Sunlight said,
May 29, 2013 at 12:12 pm
It should be mentioned that M$ is turning a loss nowadays even after Enron-style accounting:
http://www.wired.com/business/2012/07/microsofts-first-ever-loss-doesnt-faze/
Sadly, they are able to bluff their way through many situations and in many others their power is political and ideological more than economic.
Dr. Roy Schestowitz Reply:
May 29th, 2013 at 12:20 pm
One form of government subsidies, funnelled from taxpayers to nationally-identified and strategic (e.g. for surveillance and power) companies (like arms contracts), is giving them lucrative government deals — grossly overpriced even (without clear disclosure) — with no consideration of alternatives. This is where political corruption truly pays of for businesspeople.
lozz Reply:
May 29th, 2013 at 4:14 pm
I’d have to question whether they’ve posted any sort of honest profit since the introduction of Vista 1, maybe before that, even.
By that stage OpenOffice must have been cutting into their other major cash stream, as well.
They were certainly dunning taxpayers with major government contracts gained through corruption.
Australia was just one example of that. We’re only just deciding that odf might be a better option, now.