Word: businessese
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Revenue for the company's fiscal third quarter, which ended on March 31, fell 6% to $13.65 billion. Operating income was $4.4 billion, so Microsoft's software businesses still produces tremendous margins. The company blamed the weakness in the global PC and server markets for most of its troubles. The...
As would be expected, Microsoft's largest business, its PC software operation, suffered a 15% decline in revenue to $3.4 billion. The division still made an operating profit of $2.5 billion. There are very few large businesses in the world with a margin that large. The company's server and...
Most of the headlines about Microsoft are about how much it needs a deal with Yahoo! (YHOO) to bolster its online business. That may be true, but overall it is a tiny part of the world's largest software company. In the last quarter, Microsoft's online operation had modest...
For most of the years since the company was started in the late 1970s, Microsoft has grown rapidly. That is not going to happen anymore. It is too large and that makes it a captive of the economy. Microsoft is not going to outperform the trends in global technology spending...
• Newsom's wine shop eventually sprouted 15 separate businesses and made him a millionaire. In 1996, then Mayor Willie Brown appointed Newsom to the city's parking and traffic commission and later the board of supervisors. Newsom ran for mayor in 2003, narrowly beating out a Green Party candidate...