Linked by David Adams on Sat 31st Jul 2010 06:05 UTC, submitted by fran
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Member since:
2009-08-26
They certainly dropped the ball on mobile devices but as a company they are highly profitable and just had another record breaking quarter.
The current price of MSFT certainly isn't tied to company performance.
Their main cash cows are plenty healthy and their server division is doing far better than anyone expected but their stock stays flat. It really seems like Wall Street rates them based on how many cool gadgets they have compared to Apple instead of boring stuff like PE ratios. Though Microsoft's balance sheets are excellent I still wouldn't buy their stock thanks to Wall Street's seemingly irrational rejection of it. MS can report an extra billion in profit from increased demand and no one cares but Apple's stock will jump on rumors of a new idevice. Well I guess no one ever said that Wall Street was rational.