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MSFT Sliding With Tech
Stocks were up in early trading but started sliding about an hour after the open on chips stocks losses. Shares of MSFT are also in the red with the rest of tech. Microsoft will report earnings on Thursday, July 19. Catalysts for the stock include Windows 8, Windows Server 8, Office 15 and Windows Phone 8; expansion in the smartphone market with primary hardware partner Nokia as well as tablet market with Surface; strides in cloud computing; profitability in the online business, including integration of Skype; and continued evolution of Kinect and next generation Xbox. The stock currently trades at 7.5x Enterprise Value / TTM Free Cash Flow.Microsoft Declares War On Apple (CRN)
Declaring that Microsoft and its partners had in the past “ceded some of the boundary between hardware and software innovation” to Apple, Steve Ballmer says that the company’s Surface tablet marks a new era in which the software giant will leave no “stone unturned” in its innovation battle against Apple. “We are trying to make absolutely clear we are not going to leave any space uncovered to Apple,” said an exuberant Ballmer in a 30-minute interview after addressing some 16,000 partners at the company’s annual Worldwide Partner Conference in Toronto.
What Has Microsoft Done For Skype? (VentureBeat)
What do Microsoft and Skype actually have to show in terms of development?
- New platform support
- Lackluster updates to desktop clients
- Infrastructure upgrades (courtesy of Microsoft)
- Roll-out of in-app advertising
Interesting integrations are still lurking around the corner, like the up-coming Xbox 720, Windows Phone 8 and Windows 8.
Microsoft To Launch Bing Fund (MediaPost)
Microsoft plans to release details soon on the Bing Fund for start-ups and entrepreneurs, an initiative to foster a community based on search and social services. Recent announcements, such as the integration of social into Bing, along with the appointment of Rahul Sood as general manager of Bing Fund from the Xbox entertainment business group, suggest a combined focus. As general manager, Sood will create and nurture the new program in Bing.
Microsoft To Sell A Few Million Surface Tablets (ZDNet)
Way to aim high Steve. CEO Steve Ballmer recently told attendees at Microsoft’s Worldwide Developer Conference that goal is to sell “a few million Surface PCs” in the coming year. The “few million” figure is interesting on several fronts. Microsoft isn’t coming out of the gate with full guns blazing. And given how long it takes to get a new line of hardware cranked up it is doubtful Microsoft would be hawking a huge number of Surfaces its first year anyway, even if officials wanted to do so.
Locking Up More Android Hardware Makers (The Next Web)
Microsoft announced that it has signed intellectual property deals with two more OEMs that sell Android devices: Aluratek and Coby Electronics. The two deals are said to give Microsoft more than 70% deal-penetration for Android devices in the U.S. At a rumoured price of about $5 per unit, Microsoft is taking fat fees from a large majority of phones that it competes with. These deals drive up the price of Android handsets, making them less price competitive to carriers and consumers, or less profitable to their manufacturers.