Microsoft Considers $10 Billion Dividend
Dreadnougat writes "Microsoft is considering paying out a $10 billion dividend, the largest corporate payout ever. Cynics (ok, anyone reading /.) might note that Bill Gates stands to make $1.18 billion himself off the $1 a share dividend, in comparison to the $95 million he makes in a normal year off the regular 8 cents a share dividend."
Why should one person control so much wealth?
Will I retire or break 10K?
About 10 years ago, I worked with a guy who knew Bill Gates. According to him, Bill was quite well known for hiring hookers to satisfy him orally. Upon hearing this, I immediately set about figuring out how much he could afford to pay for this service -- based on the 1994-ish value of MS stock, he could pay many thousands per hour, 24/7/365, to get continuous oral service for the rest of his life.
Companies aren't allowed to sell IBM/PC compatible computers without an OS. The only way to buy one like this is to build it from parts. Even OEMs are obliged to bundle an OS with it (guess which one). They typically get that OS for less than 17USD, so it's no big deal. I owuld be very suprised if you have managed to never buy a PC without an OS...and might even call your character into question ;-)
All those moments will be lost in time, like tears in rain.
Bush's meager tax money payoff
just shut the f*ck up already.
"Teachers leave us kids alone
Before you make some STUPID blanket statement simply because you are caught up in hating MS like most other children.. Why don't you check out the 6 BILLION that the Bill and Melinda Gates Foundation has given out. Yeah.. That's BILLION.
1. Sell crappy software at bloated prices
2. Buy out smaller startups
3. Pay out all your shareholders
4. ???
5. ???
6. Profit!!!
Take off every 'sig'!
All your 'sig' are belong to us!
Right.. just like the billion other companies that have paid out dividends since the dawn of trade
you smoke too much pot hippy(tm)®©
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Esobofh - Currently drinking fresh mango juice.
Samba works well, but real Windows servers work better with Windows clients. qmail works well, but you can't use all the features of Outlook without an MS Exchange server. Any streaming media format works well, but you can only use Windows Media Format without add-on software on each client machine. Etc, etc, etc.
I used up all my sick days, so I'm calling in dead.
It's simpler than you think. Charities are tax exempt organizations. This means they do not have to pay taxes on donations, furthermore, donations to such charities are tax deductable.
In essence, Bill Gates doesn't pay income taxes, what he does is pay the equivelent amount to his charity, thus garnering him a credit equal to what his income taxes would be.
It's the best of both worlds, he doesn't have to "pay" taxes, and he gets to keep his "play" money anyway. Rather than the money going to "waste", he gets to decide what happens to it directly. It really is very clever.