According Yahoo/Jeff Macke: As all 7 billion people on earth
know, Apple tanked this past week after the company's holiday quarter and
guidance fell short of expectations. No need to rehash the misery. The only
question now is whether Apple is just going through a short-term transition or
is slowly becoming a modern day version of its long-time nemesis Microsoft
Count investor/ author/ entrepreneur Carol Roth as one of
those in the camp that says Apple's best days are behind it. "There is a
point in time when these companies become too big to succeed," Roth says.
"Apple now is twice Microsoft's size, approximately, and I think it's
running into the same issues; it's very hard to get that huge growth when you
are so large."
As derided as Microsoft is, it's easy to forget that it's
one of the most successful, groundbreaking companies in history. For all the
high-profile failures, Mr Softie has dominated its markets for at least the
last 20 years. In its fiscal second-quarter, Microsoft earned $6.38 billion on
$21.4 billion in sales — a nearly 30% net margin selling products no one seems
to like. Microsoft is sitting on more than $68 billion in cash and short-term
investments. In its Q2 Microsoft spent $1.7 billion on buybacks, $1.93 billion
on dividends, $311 on acquisitions and nearly a billion on capital assets, but
it still added $1.67 billion to its coffers. Despite it all, Microsoft's stock
hasn't gone anywhere for a decade…..
Read all about it at http://finance.yahoo.com/blogs/breakout/apple-microsoft-182333686.html
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