Word: microsoft
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Every time there is news about the internet portal Yahoo!(YHOO), it makes the front pages. The only story about Yahoo, however, that deserved attention was the monstrous violation of fiduciary duty that its board made when it turned down Microsoft's (MSFT) offer to buy the company. Beyond that, Yahoo is now a relatively small company with faltering profits that is no longer even important to its own industries, either media or the internet...
...media has become fascinated with Yahoo again over the last few weeks as it finally found a new CEO to run the company in the place of founder Jerry Yang who was part of the Microsoft foul-up. Carol Bartz was the head of Autodesk (ADSK) from 1992 to 2006. She deserves whatever credit she got for improving Autodesk's fortunes. The stock soared over the period that she ran the company. (See pictures of TIME's Wall Street covers...
Layoffs at big companies are so common now that it is novel when a day goes by without Microsoft (MSFT), Caterpillar (CAT), or Macy's (MC) letting thousands of people go. There are a relatively small number of America's largest companies which will almost certainly not have significant layoffs. One of them might close an office in Turkey, another could replace telephone operators with an automated system, but each is in a unique position that makes it highly unlikely for them to want or need to fire employees...
...year. If the company wants to control personnel costs, it can simply stop hiring. Google has been adding employees at a dizzying rate for four years. Google, like Apple, has a tremendous interest in keeping its R&D, marketing, product development, and engineering projects going forward as rivals like Microsoft (MSFT) and Yahoo! (YHOO) falter. Google has a chance to pick up market share from both companies and improve its competitive position against Microsoft in the PC application business. It can significantly improve its edge by putting money into initiatives while its rivals are cautious or under-funded. The world...
...power than almost anyone needs. Laptops made two years ago were light and had impressive battery life. The screen resolution from most machines bought in 2006 is fine for watching online videos or DVDs. And, PCs used to come with Window XP, which is still preferred to the current Microsoft product, Vista...