Bonum Certa Men Certa

Microsoft is Acting Like a Company That's Running Out of Money (But Still Pretends to be Wealthy in Order to Attract or Retain Shareholders)

posted by Roy Schestowitz on Oct 09, 2024

Looks like affordable units, for sale or just for rent?

Microsoft's debt (latest)

THE next batch of Daily Links will contain a bunch of articles [1-4], the first of which was brought up in IRC a few hours ago by psydruid. This basically shows that not long after Microsoft released landmark or flagship "products" it suddenly abandons them (and their users, who paid a lot of money).

A truly wealthy (not rich in debt or rich in speculation) company would maintain commitment to users, but Microsoft is mass-sacking employees every month this year and had several waves of layoffs last month alone. It's desperately trying to cut down costs.

Just the other day someone connected to Microsoft told us that Microsoft was cutting/stopping many things internally too. It's very clear to company insiders that something is wrong and most of them want to leave, based on a leaked survey.

The old idea that people don't get fired for choosing Microsoft wrongly assumes that Microsoft is reliable and won't pull the rug from under customers' feet. We're no longer in the 1990s though. Microsoft's share in operating systems is about a quarter as Linux dominates devices.

Azure has had mass layoffs every year since 2020, yet Microsoft keeps telling shareholders that "clown computing" is growing while "Google’s numbers also show Azure had a roughly $3 billion operating loss in fiscal 2022, which ended In June" (despite several years of layoffs and cost-cutting) and Microsoft recently "tweaked" what it is reporting:

Microsoft on Wednesday lowered its cloud computing unit revenue forecast in a bookkeeping move, shifting money to its "productivity" software business. The accounting change comes as investors are wary about whether the billions Microsoft and tech rivals are spending on artificial intelligence will help or hurt bottom lines.

That was about 7 weeks ago, serving to reaffirm what we've long said about Azure and courts help confirm.

Related/contextual items from the news:

  1. The Surface Duo is dead — Microsoft pulls plug on $1,500 Surface Duo 2 after just one Android OS upgrade

    The Surface Duo 2 has just received its likely final security update, marking an end to Microsoft’s brief return to the smartphone market. The company originally launched Surface Duo 2 in October 2021, and promised to support the product with software updates for three years. Microsoft was only able to deliver one major Android version update in that time, a pitiful number for a $1,500 device.

    Microsoft already dropped support for the original Surface Duo last year, but at least that device saw more than one major Android version update. Launching with Android 10, the original Surface Duo was updated to Android 11 and Android 12L during its lifecycle — still short of the usual three major OS updates most Android makers deliver but better than the Surface Duo 2, which launched with Android 11 and was only ever updated to Android 12L.

  2. Microsoft ends Surface Duo 2 support with final security update

    As the Microsoft Surface Duo 2 approaches its end of life, the company has rolled out a final update for the device.

  3. Microsoft says its final goodbyes to the Surface Duo 2 with one last security update

    The tech giant's 2021-released Surface Duo 2, which was priced at $1,500 upon release, fell down a similar path with its weak battery life, inconsistent camera performance, buggy software, and an overall clunky form factor. Now, the second-gen foldable has also reached its end of life, with Microsoft rolling out the final security update for it.

  4. Microsoft releases one last Android 12 update for Surface Duo 2 as it ends support

    The Microsoft Surface Duo 2 is quickly approaching its end of life and as that date nears, Microsoft has just released one last Android 12 update for the device.

    As opposed to foldables that ultimately won out, Microsoft’s concept for a book-style smartphone was a dual-screen device with no outer display. The well-built Surface Duo lineup was praised for its hardware and some of its concepts, but didn’t end up succeeding in part due to usability, camera, and software deficiencies.

Other Recent Techrights' Posts

When Abusive Law Firms (Working for Microsofters Against Us) Assert That Someone Writing in Social Media About Himself is Confidential Information
There was no reason to throw "GDPR" into 2 SLAPPs; they know it, but the goal was to increase the cost of a Defence and lessen the incentive to challenge the SLAPPs
Throwing Money at Lawyers Can't Stop Us (It Never Did)
Even just trying to censor things can result in the opposite of the desired outcome
 
Links 15/06/2025: Windows TCO, Openwashing, and Wars
Links for the day
Gemini Links 15/06/2025: "AI Fatigue and Crappiness"
Links for the day
Microsoft Attack Dogs Against Watchdogs and Guard Dogs in Software
Last year Microsofters hired attack dogs or "guns for hire"
Slop Cannot Replace Domain Expertise
All this "AI" hype (it's not even intelligence, it's all a misnomer, as many of us have insisted all along) will fizzle and be written off as a failed experiment
IBM's Fresh 'PIPs' (Action Before Layoffs)
At times like these, even once-reputable employers resort to PIPs and other procedures/tricks for denial of workers' rights
Microsoft is a Problem Not Just for Denmark
Every country should consider what Denmark is doing, why Denmark is doing it, and then do the same
The Slopfarms' Self Detonation
If more sites like BetaNews go under, then maybe we can still salvage some of the Web
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Saturday, June 14, 2025
IRC logs for Saturday, June 14, 2025
Links 14/06/2025: FDA Changes Priorities, Cassette Data Storage From The 1970s
Links for the day
Gemini Links 14/06/2025: Steam Next Fest and Thoughts on Gemini
Links for the day
Site/Datacentre Maintenance Next Week
speed things up
Bulgaria: GNU/Linux Near 10%
The Bulgarian market seems to be changing
I Never Spoke to BetaNews. But BetaNews Wants to Ensure I Never Will, Either.
Sometimes just the reluctance to talk about it can say a great deal
Online Search or Large Search Engines Aren't Working Anymore
business models that directly compete with interests of Web users
Holidays and Breaks
I've hardly taken any long breaks since I got married
Danish OpenDocument Freedom
"year of Linux"
Links 14/06/2025: Wars and L.A. Distortion Effect
Links for the day
BetaNews Has More or Less Died After Experiments With LLM Slop, Is Linuxsecurity Next?
It doesn't seem like BetaNews knows what it's doing, let alone what it talks about
Gemini Links 14/06/2025: Historic Ada Design and GeminiSpace.Club to Expire
Links for the day
Links 14/06/2025: India Plane Crash and Middle-Eastern War
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Friday, June 13, 2025
IRC logs for Friday, June 13, 2025
Gemini Links 13/06/2025: (Not)virtues and Project Yeet Broadband
Links for the day
Links 13/06/2025: Journalists Targeted by Cracking, China-Japan and Israel-Iran Tensions Grow
Links for the day
Links 13/06/2025: US Reduces Nonessential Staff at Baghdad Embassy Ahead of Strikes in Iran, Invasion of California Debated
Links for the day
X11 is Free Software
Whether you agree (e.g. on politics) with the person/s forking it doesn't matter
The More Time Passes, the Better Our Advice on Social Control Media Seems
At the end of the day, any platform you do not control yourself is working for someone else
Twitter (X) is Dying, Now It's Just Like a Mafia-Type Operation of the Man Who Does Nazi Salutes in Public
a form of extortion
UK High Court Blasts Brett Wilson LLP for Misusing "GDPR" After Failed Efforts to Censor Critics Using 'Libel' Claims
No wonder this firm is rapidly shrinking
Recent Blunders in Microsoft GitHub (e.g. Slop-Generated Bug Reports or GPL Violations 'as a Service') Taking Their Toll?
Put bluntly, if you still use Microsoft GitHub, then you're slave to Microsoft
American Imperialism and Microsoft Plagiarism
Techrights will therefore do what Microsoft does not want it to do: it'll write even more about Microsoft
When They Have Nothing Left to Help Advance Abusive Litigation for Microsoft People... Other Than Throwing ~500 Pages of Someone Else's Work Into a PDF
Microsoft is having a very tough year
The Price of Exposing Corruption in Poland (and Elsewhere)
It's easier to participate in corruption than to merely do the right thing and oppose it
Slopwatch and Yet More Holes in 'Secure Boot' (as Usual!), Promoted Inside Linux by the Man We Are Suing
Today's Slopwatch will be short
Gemini Links 13/06/2025: People You've Left Behind, Life Update and OS Changes
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, June 12, 2025
IRC logs for Thursday, June 12, 2025