Looks like I’m Posting a lot about Microsoft lately. Miscrosoft missed analyst estimates and revenues were down 17% and earnings down more than 1.2 billion$ (yes that is billion) as compared to last year.
Maybe Vista is to blame, maybe the bad economy though Intel’s results would indicate otherwise. Every few weeks I hear about something new from Google. I just got invited to Google Voice and recently discovered Google Wave. The only thing new and exciting I’ve heard from MS in the online front is Bing. I did make a post a few weeks back criticizing Microsoft but they did one good thing. Released the Win 7 beta for everyone to try and also establish that it really is not as bad as Vista.
In related news, Amazon posted bad results too. MSFT + AMZN both posting bad results is driving the markets down today but the Dow is still over 9000. A few more bad earnings and we might fall below 9000 once again. A few more good earning and we might stay above for a few months.
If you are looking at investing in one of Amazon or Microsoft after they fall today, my pick would be Amazon.
Hey dude, just stumbled on your blog. Greetings from California! Hope you can follow mine. I was just in Mumbai last November before the terrorist attacks and really enjoyed my time there!
RB