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Microsoft CFO Quits
McGruber writes "NBC News is reporting that Microsoft's Chief Financial Officer Peter Klein is leaving the company to spend time with his extended family, as Microsoft 'struggles with sharply declining personal computer sales and a lukewarm reception for its new Windows 8 operating system.' Klein is the latest in a line of top-level executives to leave the company, following Windows head Steven Sinofsky last November."
do the right thing.
It'd be bigger news if he quit for another company, while Microsoft is on the decline it's going to be a very slow death spread across
a decade or two. They've still got considerable assets which will take a long time to bleed out.
http://finance.yahoo.com/q/bs?s=msft+balance+sheet&annual
Have a squat over at the hobo house.
It's a mystery to me why extremely rich men like Balmer continue with the daily drudgery of running a business like Microsoft. Personally I'd buy a huge yacht (inc. surface to air missiles) and sail around the world with a harem of supermodel concubines. For the rest of my natural life...
And you expected something different here? Microsoft's latest numbers are actually astoundingly good, better than even most of the optimists predicted. They speak of a very healthy company, not one in decline at all.
Microsoft s numbers were *always* very good,, they deserve a $ on their name. 75% Gross profit margin is amazing, but that's not really the news here, because that is consistent. The news is that even with its primary product (Windows) taking a deserved beating they have made the difference up elsewhere (Servers; Gaming...well Live and Cloud...well Office).
The original poster I suspect was being a little sarcastic, but the Irony is not lost on me. From a financial point of view. Microsoft more diversified product line has saved it in the short term financially, but from where RMS and the rest of us look...Windows has proved to be a trainwreck, and Microsoft is weaker as a monopoly. Its high fives all around.
My company supplies office furniture to Microsoft - like chairs - and ...and ...and... Balmer is NOT the problem. No Sir!
There's nothing really to see here. He's been CFO for over three years, been at the company for much longer. Why not cash in on his various options and enjoy his life?
The doom and gloom about Microsoft on here is all wishful thinking. PC Windows is on a decline in the marketplace and has been since the the iPhone/iPad changed the game. Android has accelerated this by making smart touch devices available at a lower price point. Microsoft are aware of this, the speed of change has caught them out and they are going to stumble a little before they make the right move.
In the long run Office will survive because its a standard, nothing else can claim this. Office 365 gives them the ability to make money from Office without owning the OS. This is the future of Microsoft. Google may have been doing this longer but Office is Office.
Cloud computing/storage is going to be a big money earner going forward. Microsoft have positioned themselves for this. Going forward they would rather provide Windows servers using Azure than sell the OS. As unit sales of Windows server decline, look to Microsoft aggressively market and price Azure as an alternative. Especially in the SME space. Why run your own servers when you can get a reliable DR capable cloud solution from Microsoft. This is where the market is heading.
Xbox Live. The next Xbox is going to be a money earner. They are currently making money with the current service. The new one should come in at a reasonable price and allow them to continue this. It will also leverage cloud based services.
Consumer Windows is the bad news. This will move to become a phone/tablet OS which is where the consumer market is going. The chances are that they will come good, they have a lot of smart people working there.
Oh, and before the accusations start I'm not a Microsoft shill. I've never bought a computer that runs Windows. I just like to look at things a little more realistically. I still expect to get modded down because that's what happens on Slashdot.
You may think me a tired, old, cynic. I'd have to disagree about the tired bit.
Even though this is modded down, it's really the bottom line: with Windows XP the operating system was basically done. Complete. Finished. No more features are required. Everything that was added later was either cruft or could just as easily have been implemented in Windows XP. The only reason why Microsoft kept certain things from XP (like proper 64-bit support, IE9+ and DirectX 10+) was to artificially create a reason for people to switch to future versions of Windows, not because XP didn't offer a decent platform for these things.
Same thing applies to Office by the way, the other big part in Microsoft's revenue stream: both Office and Windows are "done" and have been so for years. And since Microsoft hasn't been able to make any profits in markets outside of the Windows/Office ecosystem, the future of the company currently depends on how much longer they can convince people to keep buying new versions of the same old software. How long before the general public realizes they don't need to "upgrade" because they don't get anything they already have now? Looking at Windows 8 sales figures: not very long.
Pretty good is actually pretty bad.