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MSFT Up With Markets
Markets are up on sentiment that a Greek bond swap will succeed and a credit event will occur. Consumers seem to be more bullish about the economy as well. Upcoming catalysts include Windows 8, Windows Server 8, Office 15 and Windows Phone 8; expansion in the smartphone market with primary hardware partner Nokia; 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 8.6x Enterprise Value / TTM Free Cash Flow.Creator Of Azure Might Not Even Use It For His New Startup (GigaOM)
Ray Ozzie, the former Microsoft executive charged with driving the development of Windows Azure, may not choose the product he helped build for his own stealth startup. Ozzie told attendees of the Geekwire Summit that he is evaluating Azure, along with Amazon Web Services and OpenStack, for use by his startup, Cocomo (which remains in stealth mode). He reiterated several times that startups in this new era have to be agile, flexible and creative in their choice of tools. That would be a big blow. It probably didn’t help that Azure was down for 12 hours last week. Ozzie also says the world is over the PC.
The New iPad Will Clobber Windows 8 Tablets (Reuters)
Apple will continue to retain the lion’s share of the tablet market as its new 4G-enabled iPad readies for competition from Windows 8-based products. Last month, Microsoft released an incomplete version of Windows 8, the first Microsoft operating system to run on tablets as well as desktops and laptops. But “Apple’s ability to increase the screen resolution, graphics capabilities, and integrate 4G LTE without compromising battery life on the new iPad will be a key differentiator versus the competition and a tough act to follow,” according to J.P. Morgan Securities analyst Mark Moskowitz.
Cloud Computing Is Where It’s At Says Microsoft (Business Journal)
Microsoft believes cloud computing will create nearly 14 million new jobs by 2015 and cloud innovation revenues could be nearly $1.1 trillion in three years. According to a study commissioned by IDC, more than one-third of cloud-enabled jobs will occur in the communications and media, banking, and manufacturing industries, and China and India will account for about half of all new cloud-related jobs. “The cloud is going to have a huge impact on job creation,” said Susan Hauser, Microsoft corporate vice president of the worldwide enterprise and partner group, in the study.
Gaming Wizard To Leave Microsoft (MCV)
One of the most celebrated creative minds in the world of gaming, Peter Molyneux, has announced that he is to quit both developer Lionhead and its owner Microsoft. Molyneux will continue to work as a consultant on Xbox 360 Kinect title Fable: The Journey until its release later this year. His next venture will be his new company 22 Cans, which was established by chief technical officer of Lionhead Studios Tim Rance following his departure from the studio in January.