Microsoft Raises $3.8B in Bond Sale

pfleming writes "Microsoft quietly, or not so quietly, raised some cheap cash in bond sales yesterday. For a company that already has a huge cash war chest and doesn't carry debt, what is the incentive to sell nearly $4 billion in bonds? From the article: 'Microsoft is sitting on $25 billion in cash, so the company doesn't need the bond proceeds "unless they have something big in mind," says Reena Aggarwal, professor of finance at Georgetown University's McDonough School of Business.'"

Comments

Oh please, those can be bought for peanuts

[SmallFurryCreature]

The really shocking things isn't so much that the powers that be are corrupt, but how cheaply they sell themselves for. Even Obama. Raised millions from ordinary citizens and still sells out to big business for little more then some spare change.

Of course this is true,

[toby]

But isn't it time they stopped pretending they're about creating good technology, and admitted it's really all about the money?

Gates already left with the loot. The company has served its purpose and seems primed to implode, since its model of building and "selling" software was obsoleted at least a decade or two ago and they have proven unable to adapt. They haven't even been able to succeed in their markets without habitual dishonesty, lies, duplicity, and every other kind of skullduggery.