Linked by David Adams on Sat 31st Jul 2010 06:05 UTC, submitted by fran
PDAs, Cellphones, Wireless Microsoft had its annual financial analyst meeting on Thursday, and Steve Ballmer answered questions about what the company's answer to the iPad was going to be, and whether Windows Phone 7 was going to be a part of that product strategy. He said, "We're coming . . . We're coming full guns. The operating system is called Windows." Ballmer and Microsoft so don't get it. I can't believe Steve Ballmer is making me feel sorry for Microsoft.
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nt_jerkface
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.

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