MSFT Sideways As The Market Tanks The markets are rocky today as the vote on the debt ceiling passes in the Senate and as consumers pared back spending in June for the first time in nearly two years. Shares of MSFT are trading sideways while the rest of tech is in deep in the negative. Upcoming catalysts include the company's Analyst Day at its new developer conference (BUILD) on September 14;
Windows Phone 7 / Mango rollout and adoption with hardware partner
Nokia; strides against current market leaders in cloud computing; any entrance in the tablet market; making money in the online business, including integration of
Skype and improving the search / display business; and continued evolution of
Kinect and next generation
Xbox console. The stock currently trades at
7.9x Enterprise Value / TTM Free Cash Flow.
Internet Explorer Loses Majority Share Of Web Users (ars technica) According to Net Applications worldwide browser share for July,
Internet Explorer is down 0.87 points to 52.8%. At this rate, Internet Explorer is going to lose its majority position by the end of the year. Its days of dominating the Web are by now a distant memory. Firefox's market share fell slightly, but so far, at least, there's no sign of any substantial abandonment of the browser. What's worse, Microsoft and Mozilla's losses appear to be
Google and
Apple's gains.
Read » Yahoo Finally Gives Microsoft Organic Search Results In Europe (Search Engine Land) As of this week, the Internet will have three competing search engines in name only. Tomorrow,
Yahoo will stop serving up its own search results in Europe; instead, it will get its search results from Microsoft’s
Bing search engine. Yahoo has not yet and will not yet transition over the paid search ads. The organic results are the only things transitioning over on Yahoo UK, France, Germany, Spain and Italy.
Read » Microsoft And Nokia Might Be Unveiling The First Collaborative Smartphone In Two Weeks
(The Microsoft Blog) It seems Microsoft and
Nokia may be unveiling the first device of their
Windows Phone partnership in two weeks. The companies today sent out invitations to a “
Nokia & Microsoft Party” on August 17 in Cologne, Germany. The timing would make some sense. Last week Microsoft released the next version of Windows Phone, an update code-named “Mango,” to phone manufacturers. Whenever it is, it'd better be soon.
Microsoft's Windows Phone revenue is estimated at an "abysmal" $600 million.
Read » Google Acquires Dealmap From Under Microsoft (MediaPost) Google acquired
The Dealmap, a company in the daily deal space, to support
Google Offers. The company also stepped into an agreement to deliver discounts and specials on the search engine of its biggest rival. In March 2011, The Dealmap signed a commercial distribution agreement with Microsoft to become Bing's primary provider of local and daily deals. No doubt Google will honor all contracts inked prior to the acquisition, but the length of the agreement, as well as how Microsoft will support deals in the future, are unclear.
Read » 
No comments:
Post a Comment