Microsoft Still Loses Billions of Dollars Online
- Dr. Roy Schestowitz
- 2010-07-25 22:27:35 UTC
- Modified: 2010-07-25 22:27:35 UTC
"Sadly, many of these brilliant people have been blinded by the stock price and unable to see that Microsoft is also the key architect of the greatest financial pyramid scheme this century.
--Bill Parish
Summary: The side of a monopolist's operations that it does not want the public to know about
SEVERAL HOURS ago we wrote about Microsoft's results, which seems to be a case of accounting tricks. According to Business Insider, Microsoft continues to lose about $2,000,000,000 per year because it's failing on the Web.
Microsoft's Windows 7 is blowing the doors off, but the company's online division continues to piss away a fortune.
How much, exactly?
Nearly $2 billion a year.
How did Microsoft respond to
Business Insider? Its lead spinner mentioned search (Bong [sic]
is a complete disaster) and
told off the author, Henry Blodget. He recently
said that "odds are increasing that Microsoft's business will just completely collapse."
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Comments
gnufreex
2010-07-26 17:49:42
It is like two shops. One held by big mob boss with lots of money, other by some dude which has no other source of income. Mob boss gives everything for free just to make dude out of business. Then jack up prices, or close the shop, don't matter if the dude is in the poorhouse.
I think Microsoft wont close down the shop. They will just cancel Yahoo deal which drains them money, and then they will get some profit from monopolizing search. I just hope they get destroyed somehow before that. Yahoo deal is 10-year deal.
Dr. Roy Schestowitz
2010-07-26 17:57:35
"But rather than a search engine or even a “decision engine”, Bing also appears to be a spin engine, in that it provides partisan answers to controversial topics, such as Steve Ballmer’s propensity to throw chairs to blow off stress."
--Christian Einfeldt