Journal twitter's Journal: Sweaty B Says M$ Needs a Bailout. 3
Steve Ballmer urges Congress to pass the $700 Billion Fat Cat Bailout, so that big dumb companies can keep paying big dumb money for software.
"We have a lot of business with the corporate sector as well as with the consumer sector and whatever happens economically will certainly effect itself on Microsoft," he told Reuters. "...when businesses have less money -- they can borrow less money, they can spend less money -- that can't be good. When consumers feel the economic pinch, house prices come down. That can't be good," Ballmer said.
... Investors may take Ballmer's remarks as an indication that Microsoft's revenues could be hurt by the continuing financial crisis, a trader said. "I trust that before the end of the week we have some resolution, at least in the U.S. Congress, that will help to stabilize the situation. We need that. I hope we get that," he said.
Gee, here I was thinking M$ was losing it's ass because they don't have products worth buying. Ignore under performing M$ partners like Dell, HP, and CompUSA. Now we know that the predatory lending scandal is really to blame.
Whatever the reason, good riddance. Non free software is a failure, Mr. Ballmer. Vista puts all of the nasty bits on display, kind of like anti-trust cases shine a light on M$ business practices. Take your restricted software, fake standards, technical evangelism slog and shove them. Make sure the shareholders keep you from giving yourself that $20,000,000 bonus. No one you work with has earned more than a nice long stay in jail.
Update: M$ officially pressured legislators to pass the bailout:
Earlier in the week, Microsoft had e-mailed members of the state's House delegation who voted against the first version of the bill Monday. The message, Smith told the Seattle Post-Intelligencer on Tuesday, read: "Microsoft strongly urges members of the U.S. House of Representatives to reconsider and to support legislation that will re-instill confidence and stability in the financial markets. This legislation is vitally important to the health and preservation of jobs in all sectors of the economy of Washington State and the nation, and we urge Congress to act swiftly."
While Washington state legislators voted down the measure, we see that corporate pressure won the day elsewhere. The overwhelming majority of people who phoned or wrote Congress about this were against it. The opposition was so great that it overloaded the email and phone systems.
More Hogwash by Twitter (Score:2)
Twitter also forgot to mention this in the Story
"I think one has to anticipate that no company is immune to these issues," he said, but declined to be more specific.
Wall Street analysts, on average, expect the Redmond, Washington-based company to generate an 8 percent rise in revenue to just under $15 billion in its first-quarter ending in September.
"There are parts of our every business which are probably 'safe' in the sense that it's not like our business would go to zero," he said in an interview.
I wonder why. Actually, I know why he would conveniently forget to put that little bit of information in his story. The reason is it knocks his entire FUD-fest down like a house of cards.
Gee, here I was tinking M$ was losing it's ass because they don't have products worth buying.
Personal opinion, not fact. IMO, Expression web is an excellent piece of software.
M$ partners like Dell, HP, and CompUSA. Now we know that the predatory lending scandal is really to blame.
Whatever the reason, good riddance.
can you cite your sources on that? All this time, I though Dell was selling PCs with more than just Microsoft Windows, HP was using Linux for at least workstations, and CompUSA [linux.com] was selling su
Astroturf is only in twitter's mind (Score:2)
The reason for not including M$ market expectations is that the article's author obviously thought that M$ was not going to meet those expectations. This was an article about M$ problems and Steve Ballmer trying to deny them.
Face it, M$ is toast and so is non free software. Market problems are not going to be as unkind to other businesses like Apple, Google, IBM and others that don't depend on expensive licensing to get by. Apple's got a slew of cheap comfort products to sell it right through any downturn. Google's got advertising of the type that kept newspapers running the last 250 years. Competitors are all over the Soft and there's not much life left in Winblows. You can believe that non free software will continue to serve you but you have your head in the sand. Free software has kicked ass everywhere it has not been blocked by patents, DMCA and other bad laws. Santa Clause is not going to slide down the chimney to save this failed business model. Bad laws are going away and it's going to happen faster as M$ runs out of money to screw things around.
Nope, the story was biased and factually incorrect. Other than using Winblows and M$, you take quotes out of context and spin the stories more than Michael Rush-Moore Limbaugh.
Plus, if you would have read the entire post, you would have seen my post was not biased at all, but actually looks at both closed source and open source. I hold no loyalty towards any camp, especially when it comes to software; thus there is no need for "propaganda". My decision on software like Photoshop was an informed decisio