Friday, July 23, 2010

They Just Don't Get Microsoft! (Video)

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Microsoft market capitalization is 3rd largest in USA at $226.19B, behind Exxon ($280.57B) and Apple ($237.47B). This makes MSFT the 2nd largest technology company in USA behind Apple and ahead of IBM, Google, Cisco, Oracle, Intel, Hewlett-Packard.

What's the Knock On Microsoft CEO Steve Ballmer? Nothing!

Microsoft (MSFT) reported an excellent Q2 for revenues, net profit, and net profit margin. Before the Q2 financial results, some of the media were saying there was a  potential corporate coup to oust CEO Steve Ballmer. Forget that! Microsoft is still doing great with record numbers reported for Q2.

Even though Apple surpassed Microsoft in market capitalization in late May to become the largest tech company in the USA by this measure, Microsoft still has the numbers to be the Tech King. Microsoft topped Apple in 2010 Q2 on Revenues $16.04B vs $15.70B, Net Profit $4.52B vs $3.25B, and Net Proft Margin 28.2% vs 20.7%. Maybe Apple will pass Microsoft at some point on Revenues, but Microsoft's Net Profit Margin should keep Microsoft comfortably ahead on Net Profits for some time to come.

WESTCHESTER COUNTY, N.Y. -- Marek Fuchs, TheStreet's media critic, manhandles the ginned up controversy over Microsoft's CEO.

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