Microsoft has about 2.5x the margin IBM does. and definitely is a stronger player in the entire computer industry than IBM has been since the early 90's.
Now revenue wise, IBM is twice as big. But that happens. Their return on assets are 1/2 what MSFT is. Gross profit, the two companies are neck and neck. The way microsoft does software, they definitely get massive margins.
Now for apple, its a different story. just look at last year. earnings growth was incredible, but almost none of that growth was from the mac lines of business. it was dominated by itunes and the ipod, which is now more than 1/2 of the company. but still, even for apple, their return on assets is on par with IBM, because they focus on hardware. their margins are nowhere near MSFT's.
its funny you mention the xbox, which leads me to believe you could have been joking. its the one line of business that loses money.
it clearly states that in bankruptcy proceedings in Florida(and any other liability claim) no claim can be made on a person's homestead. its why during the major corporate scandals, lots of executives dumped money into new homes in florida. as long as that was their primary residence, they could shield some assets from being taken.
A new florida law states that under certain circumstances, this can change. There is now only blanket protection up to 125k (not much here) and unlimited protection if you have lived in the home for more than 40 months and have not put money into it with the intention of defrauding creditors.
you miss my point on the car. yes it is a serious problem, but its hard to get too mad at a young child that does this because most don't quite understand the difficult or complexity of driving a car or how it can be extremely dangerous for other people. its that lack of understanding that makes it a crime no one prosecutes.
but just like copyright infringement, if some serious damage is caused, the parents are fully responsible for it.
btw, even in the US some families see having a glass of wine together at dinner is perfectly ok. while this is against the law, I've never seen anyone given problems for it. but your proposal is that a person isn't mentally ready to understand that stealing was bad compared to what it means to drink responsibly.
there are few cultures where children are allowed to go around drinking freely and none of them show any signs of having more control or self restraint when drinking than in the US. I find English, German, and Irish(the three I have had extensive contact with) 20 somethings just as irresponsible when it comes to drinking as any American so obvious, drinking from a much younger age didn't help them too much. so I'm not sure what type of responsibility you are referring to.
I would love to use SAS for what we do. the problem is that a lot of this data is used for model callibration and like it or not, those models are callibrated using lots of in house functions that people have put together only for excel.
but people in investment banks aren't great at changing underlying infrastructure. we may be quick to take up a new product, but very very slow to change how we do things.
not quite. an offense committed while a minor (18 yrs) can still lead to you being prosecuted as an adult. as such , if the crime was bad enough, you could be sentenced to death. But to my knowledge, most of these cases involved multiple murders being commited by someone in their late teens. while it may strike your sensibilities as to someone at 17 being as culpable as someone at 18, I think it makes sense for serious crimes of someone on that for the defendant to first be judged mentally mature enough to understand what he was doing as we expect an "adult" to be.
its why a mentally handicapped adult can't be sentenced to death(though a recent ruling may have change this, I'm a bit behind now that I'm abroad).
btw, I'm using minor to distinguish it from child since most people do not call a 17 year old a child any more and using the word child blurs what the law actually says.
um.... read at least a single document from the case. the defendent is the mother of the child. They have the right to request deposition of the child. A deposition is just taking someone's testimony (I believe under oath).
of course, with respect to the lunacy of your last line, its very simple why they should be old enough to be put on trial: The moral obligations of a person in most societies is taught and understood at a much younger age than anything you mentioned. The mental maturity to consume alcohol in a manner that does not molest or harm others is generally lacking even in people older than 21 in the US, but more pervasively lacking in children. Cigarette smoke has been shown to be detrimental to development of the human body and laws regulating its use are generally in place to attempt to remove smoking completely as it creates a large financial burden on society. Sex with a girl/boyfriend is not illegal if the age difference is small enough. too large, it becomes statutory rape.
on the other hand, do not steal or hurt someone else are ideas that are taught at very young ages and are internalized at a very young age and even at the age of 12, the willful breaking of these laws is seen as disregard for known laws, not ignorance of a more subtle connection with society.
keep in mind I did not refer to copyright infringement. For a 7 year old, its hard to explain why its illegal to borrow a friend's video game and put it on their computer(or download music in this case) and as such, should be relegated to seeing a 9 year old driving a car: an unfortunate incident of a parent not being able to control every minor thing their child does, followed by a punishment in line with the damages(in the case of the car, a bit of a scolding from the officer that sees it, in the case of copy right infringement, maybe 2$ per track downloaded(assuming a 10 track, 20 dollar cd which is way over priced). the parent can then easily discipline the child by making them work this money off.
Now, the way these cases are being handled is actually , I think, an artifact of it being a civil matter and not a criminal one.
I feel in some ways our criminal system is becoming flawed with 14 year olds treated as complete adults, but then again, the crimes are generally not of a complex nature. Killing someone is wrong and if you are trying to argue that someone shouldn't' be tried for murder just because they haven't quite made it to 18, you'd have to defend to me why such a blanket exoneration should be given (as compared to the current method in the US where it is taken case by case and the mental state of the child is first determined before a judge orders the type of trial to be held).
A smart investor will not put his money in something that has the risk of becoming valueless.
not true. no one would invest in start up companies if this was true and private equity would be almost non existent. and then, mortgages wouldn't be written in Florida for a primary house(because in bankruptcy court, you can't take someone's primary residence in the state(I know its a simplification, but assuming no other assets that the court can force to be liquidated...). The rule is simple, the bigger the downside risk(probability weighted , that is), the more upside you need to accept it. Its not a question of there being some downside breaking point, it just requires a raising of the upside bar(or simply lowering the current price to bring it all back to equilibrium).
any way for me to try that out without having to wipe out my current OS on my computer(a boot disk preferably)? Also, is there somewhere I can get a list of hardware that Ubuntu is compatible with(basically, video card, motherboard, CPU) and then I'd actually try an install.
if my desktop can actually act that way, its far superior than anything windows or Apple has ever come out with(granted, being in OSX for 6 months, I have yet to find anything breath taking about it beyond XP). Now, I have seen a couple years ago similar add ons I could throw into windows to make it act like that, but I found them sluggish at best.
actually, I've hit the limit on rows in excel multiple times unfortunately. in finance, we sometimes feel the need to analyze tick level data(so basically data for every second a security trades). its a lot easier to manage the data in excel when there are a bunch of in house functions that manipulate the data. 64000 rows isn't that much when you consider about 30,000 rows of data on an average day for something like a bond future. for a major bond future like the JGB, we could probably have upwards of 50,000 rows of data per calendar day because it trades liquidly when any market is open.
Yeah, a proper data base would be nice. but when its something like changing the definition of the row variable to be a long int, I think we'd rather see it go that way.
sorry for that typo. not positive 1.3 billion but -1.3 billion in the entertainment division. I should have realized that someone like you would require everything in order before you actually begin to attack the question rather than deflection.
just because you subscribe to some limited definition of how percentages can be used doesn't make you correct. A percent is merely a way of expression a ratio of two numbers. The reason 150% growth has meaning is with most ratios, its easier to use a percent than say "the company's net income is now two and a half times what it was 1 year ago". But I'm still waiting for any source you have that toes your line. You disparage wikipedia but feel your unique definition somehow carries more weight than the way percentages are used in textbooks across disciplines.
But thanks for trying to feel smart by giving a poor explanation of the differences between infinities. just because they are not intuitive doesn't make them well defined quantities in mathematics. And saying one is bigger than the other is very valid as the same test is used to find out if a set with 6 elements is larger than a set with x elements. as such, its a very well defined concept and the word "bigger" is as applicable there as with finite sets.
now these are just rough numbers from their balance sheet. maybe you can come up with a way to say it without accidentally using negative percentages(which are completely valid in the world of finance, though I guess you live in a world where you haven't ever seen them used)...
Windows division : gross REVENUE(not income) - costs of the division : 10 billion dollars Office division: Gross revenue - costs of the division: 9.6 Billion dollars Server and Tools division: 3 Billion dollars Entertainment: 1.3 billion Corporate level activity : -5 Billion Total Operating income: 16.5 billion
So, what percent of the company's total operating income do the windows division and office division create?
btw: definition of operating income: is revenue less cost of goods sold and related operating expenses that are applied to the day-to-day operating activities of the company. It excludes financial related items (i.e., interest income, dividend income, and interest expense), extraordinary items, and taxes.
but, after you get done telling me what percent they make, I'd love to hear where you heard the BS that you can't have negative percentages. my handy wikipedia says any dimensionless proportionality can be expressed as a percent.
oh, also for your reading so maybe you don't have to argue the definition of a percent(incorrectly) when learning about the breakdown of a company:
my god... your foolishness knows no bounds. 120% of their net income is equal to the net income of those 2 divisions. obviously, there is a division of their business that makes -20%. As I said, its the 5 billion in charges they take as general expenses....
I guess its much too complex for you to consider that some divisions in major companies are profitable while others are not...
granted, you could just be trying to joke or be a smart ass. but it seems people here talk out of their asses in regards to the financial positions of Microsoft.
simply the fact that they have so much more profit than what can be attributed to Office and Windows means something else is successful.
of course, your response shows you know little about how MS makes money. Microsoft, according to official filings, makes approximately 10% of their income before taxes on investment activity.
just so you know though: they make about 120% of their net income on the divisions of their business that include office and windows. They make another 16% or so on server tools. If revenue growth continues, they make a few extra percent on online advertising and other services. entertainment lost about 8% this last year, but this was mainly on the back of releasing a new console. The year before it was half as much.
Now, where is the rest you may ask? General expenses. But most of this is due to monopoly-based law suits that can be attributed to the client division or office divisions, both of which make more than the 5 billion they lost there. As such, they are profitable at almost everything they do except home entertainment(lose about 1 billion a year).
yeah, rather than listening to everything you hear on slashdot, you probably should go look it up and realize that just because you have a poor opinion of the company doesn't mean that they are bad at what they do or that they are a 1 horse show. And I definitely don't need someone with your ignorance trying to teach me as I actually research these things, so thanks for keeping your lack of knowledge to yourself.
if you think you can double revenue by doubling your size, your wrong.
its like when someone says to a trader "hey, that bet did good, why not just double your risk limit and make twice as much"
Its extremely hard to double in size. and to do it twice will probably take more than a 4 fold increase in your employment rosters. YOu can just do the same thing twice as big adn suddenly, as you branch out into new fields, it because necessary to put in place a network of people to hold it together. then the dreaded TPS reports start and we know what will happen to your fax machines then...
just to let you know, the apple phone doesn't offer anything new or innovative outside of its touch screen.
I'm not a fan of MS, just I realize apple doesn't too all that much in teh way of innovation as they do on the packaging side. check out the latest phones for docomo or AU, 1.5 years ago, and you'll find literally every feature that is on the apple phone.
actually, under your assumption, teh new stock shouldn't affect company value (share price x shares outstanding) but it would, just like a big split would.
The reasons have to do with institutional investors. They are generally very long term investors who do not move shares on a regular basis and they happen to make up the big chunk of investments in google(especially if you include owners and private equity firms that got their shares before the IPO).
This greatly reduces liquidity in the underlying asset and this can create large amounts of price volatility and a very strong bias towards over-valuation.
The liquidity constraints generally work in one direction. i.e. people will cross wide bid/ask to buy into a share(especially when being disciplined means you missed so many other great entry levels) and with the positive buzz, sellers know they can force a bidding war since there aren't that many shares up for grabs.
as a counter example, look at real estate stocks in india. for a while, they wre hitting their break points in daily growth every single day(5%). But finally, they started splitting, to the tune of 25 or 50 : 1. suddenly, the growth rate died off. this is because everyone who wanted in now had the liquidity to allow it and everyone who wanted out could really refine their positions. its a huge detriment when I want to invest 70k in berkshire hathaway only to find out that equals 1.5 shares. Its really teh fact that stocks aren't divisible that causes this problem.
yeah, its what I do. It was funny when I got on the job and realized all the great, clean, self consistent models you learn in textbooks don't hold up until the ultra-long run. and by then, you are either a super star or unemployed....
you need a basic math class. if all other business ventures lose money then office and windows must account for more than 100% of the profits of the company whereas the rest contribute a negative factor to reach 100% at the bottom line.
now, if your 60% number is correct, then MS is pretty damn successful at a few other things because that 40% isn't a slouch in terms of dollars...
actually, I guess I didn't explain it correctly. we gave him 24 hours of his choosing to answer 1 basic coding question, 1 basic dif eq question, and 2 logic problems. then,, 24 hours later during the interview, we reviewed his answers during a part of the interview. We then asked him in the interview if he could think of any improvements to make the code run faster. now that he couldn't wasn't a bad thing. we have all been in interview. but with 24 hours to submit a working piece of code to do something simple(this was an intro problem in the java class I spoke about, i.e. 2nd week you had to write exactly this and this was the first programming class for most people) I expected better.
if you aren't a comp sci major with a math concentration, then don't say that is your major skill set. the job called for someone with good programming and math skills. now, if you still feel it was unfair, I'd like to know why.
its funny you begin to blame java. I've seen java taught poorly. People taught like this are inferior to me in the language(I've never written code in the language or had any formal training in coding). Why? because at some different points in my life, I learned the logic behind writing code and spend a lot of time asking questions of people who are really damn good at it.
but then the java class at my school was top notch. a buddy of mine was in it and I routinely watched him work on problems. there wasn't any hand holding in the assignments. It was simply "write code to...",and you were graded not on the code being able to do X, but the efficiency and simplicity of the code you put out as well. his hw assignments took even really bright kids several hours to complete and all his tests were in class, you had to write your code by pen and paper.
anyone who passed thsi guys class learned how to write some really fun stuff.
I think Java is the most abused language but I would argue how someone codes in java is directly proportional to how good they are at programming. Since shit code also runs, you know someone can see big picture ideas of coding by the structure of their code. I Find simple problems do that best.
ex. in an interview, we asked someone to write code to find out of a number is prime. he ran through and basically wrote dim x, r as int dim y as boolean ' get the x value from user y = FALSE for i = 2 to x -1 r = x/i if r = int(r) then y = true end if next if y then
print "r is not a prime number"
else print "r is a prime number" end if
now, I know I committed slashdot crimes by doing the above in a weak resemblance to vba, but its the only syntax I remember well enough to write anything in right now.
this was a comp sci major. I said we shouldn't hire him. when asked, I said he foolishly had his loop go through all numbers rather than just the odd numbers and made it go past the sqrt of x. both are really bad mistakes. further, he didn't break out of the loop as soon as his condition for prime-ness failed. yeah it runs, but it proves after 4 years of comp sci, he hasn't learned even basic math skills that should go with such a simple problem(and one I thought was pretty canonical).
can soemone tell me what tax incentives he is recieving? His income now is hardly worth noting compared to his net worth. giving away one major clip does almost nothing for his tax bill. He still gets hit with the AMT in the US.
further, why do you seem to ignore that he has now dedicated his entire life to charity work?
Of course, you don't seem to knwo what would happen if he donated almost all his money. absolutely nothing because charity organizations that specialize in where he wants to give money are incapable of using that much money immediately. The flow of money from the gates foudation would remain about the same.
just because the old lady is computer illiterate does not excuse her from not being knowledgeable about the law. As I painfully found out, even if a speed limit is not posted on stretches of road you have access(and can exit from) to it can still be enforced and its your fault for not being informed about it.
copyright infringement is a pretty simple concept. if you didn't buy it, its not yours to freely use. While that maxim doesn't encompass every case, it sure as heck covers lots of ground. Now, if the problem is the infringement is being pinned on an elderly lady when a family member actually engaged in the infringement, well, that just sucks. But that is why there is a court system in existence. people get charged with crimes and then declared not guilty all the time. its part of the process.
Now, the real problem I have is with there not being a blanket law saying that if you sue someone and lose you are liable for their legal expenses. What the MPAA and RIAA do is extortion simply because it is cheaper to pay their 3 grand than get a lawyer and attempt to let the legal system work how it was intended to.
just to point out, every critical patch in windows has exactly that wording, even if there has been a major virus already released that affects that vulnerability. I'm not saying whether or not this guy is full of shit, but the wording a company uses when issuing a patch never says anything along the lines of "there is a full and working exploit that has been demonstrated". at least, not one I've ever read...
not true, I'm indian. grew up on food spicier than what most people have experienced. I have had problems with the after effects when having eaten a lot of pickle(indian pickles to be precise).
well, it wasnt exactly natural how we consumed it. it was a competition to see who could eat the most. I think in the end, we both paid for it because our stomachs were bothering us for a couple of hours even though the food wasn't any spicier than what I'm used it. a foolishly large amount can do it to anyone in my experience, even those of us with high tolerances for spice.
Slashdot Mirror
not to be mean, but just look at the difference in margins for MSFT and IBM:
http://finance.yahoo.com/q/ks?s=IBM
http://finance.yahoo.com/q/ks?s=MSFT
Microsoft has about 2.5x the margin IBM does. and definitely is a stronger player in the entire computer industry than IBM has been since the early 90's.
Now revenue wise, IBM is twice as big. But that happens. Their return on assets are 1/2 what MSFT is. Gross profit, the two companies are neck and neck. The way microsoft does software, they definitely get massive margins.
Now for apple, its a different story. just look at last year. earnings growth was incredible, but almost none of that growth was from the mac lines of business. it was dominated by itunes and the ipod, which is now more than 1/2 of the company. but still, even for apple, their return on assets is on par with IBM, because they focus on hardware. their margins are nowhere near MSFT's.
its funny you mention the xbox, which leads me to believe you could have been joking. its the one line of business that loses money.
wrong , look at state law.
. html
it clearly states that in bankruptcy proceedings in Florida(and any other liability claim) no claim can be made on a person's homestead. its why during the major corporate scandals, lots of executives dumped money into new homes in florida. as long as that was their primary residence, they could shield some assets from being taken.
A new florida law states that under certain circumstances, this can change. There is now only blanket protection up to 125k (not much here) and unlimited protection if you have lived in the home for more than 40 months and have not put money into it with the intention of defrauding creditors.
here is a blurb:
http://www.alperlaw.com/constitutional_protection
no....
probably why it didn't deter me when I was a kid:-)
but kudos on finding a really funny blast from the past
you miss my point on the car. yes it is a serious problem, but its hard to get too mad at a young child that does this because most don't quite understand the difficult or complexity of driving a car or how it can be extremely dangerous for other people. its that lack of understanding that makes it a crime no one prosecutes.
but just like copyright infringement, if some serious damage is caused, the parents are fully responsible for it.
btw, even in the US some families see having a glass of wine together at dinner is perfectly ok. while this is against the law, I've never seen anyone given problems for it. but your proposal is that a person isn't mentally ready to understand that stealing was bad compared to what it means to drink responsibly.
there are few cultures where children are allowed to go around drinking freely and none of them show any signs of having more control or self restraint when drinking than in the US. I find English, German, and Irish(the three I have had extensive contact with) 20 somethings just as irresponsible when it comes to drinking as any American so obvious, drinking from a much younger age didn't help them too much. so I'm not sure what type of responsibility you are referring to.
I would love to use SAS for what we do. the problem is that a lot of this data is used for model callibration and like it or not, those models are callibrated using lots of in house functions that people have put together only for excel.
but people in investment banks aren't great at changing underlying infrastructure. we may be quick to take up a new product, but very very slow to change how we do things.
not quite. an offense committed while a minor (18 yrs) can still lead to you being prosecuted as an adult. as such , if the crime was bad enough, you could be sentenced to death. But to my knowledge, most of these cases involved multiple murders being commited by someone in their late teens. while it may strike your sensibilities as to someone at 17 being as culpable as someone at 18, I think it makes sense for serious crimes of someone on that for the defendant to first be judged mentally mature enough to understand what he was doing as we expect an "adult" to be.
its why a mentally handicapped adult can't be sentenced to death(though a recent ruling may have change this, I'm a bit behind now that I'm abroad).
btw, I'm using minor to distinguish it from child since most people do not call a 17 year old a child any more and using the word child blurs what the law actually says.
um.... read at least a single document from the case. the defendent is the mother of the child. They have the right to request deposition of the child. A deposition is just taking someone's testimony (I believe under oath).
of course, with respect to the lunacy of your last line, its very simple why they should be old enough to be put on trial: The moral obligations of a person in most societies is taught and understood at a much younger age than anything you mentioned. The mental maturity to consume alcohol in a manner that does not molest or harm others is generally lacking even in people older than 21 in the US, but more pervasively lacking in children. Cigarette smoke has been shown to be detrimental to development of the human body and laws regulating its use are generally in place to attempt to remove smoking completely as it creates a large financial burden on society. Sex with a girl/boyfriend is not illegal if the age difference is small enough. too large, it becomes statutory rape.
on the other hand, do not steal or hurt someone else are ideas that are taught at very young ages and are internalized at a very young age and even at the age of 12, the willful breaking of these laws is seen as disregard for known laws, not ignorance of a more subtle connection with society.
keep in mind I did not refer to copyright infringement. For a 7 year old, its hard to explain why its illegal to borrow a friend's video game and put it on their computer(or download music in this case) and as such, should be relegated to seeing a 9 year old driving a car: an unfortunate incident of a parent not being able to control every minor thing their child does, followed by a punishment in line with the damages(in the case of the car, a bit of a scolding from the officer that sees it, in the case of copy right infringement, maybe 2$ per track downloaded(assuming a 10 track, 20 dollar cd which is way over priced). the parent can then easily discipline the child by making them work this money off.
Now, the way these cases are being handled is actually , I think, an artifact of it being a civil matter and not a criminal one.
I feel in some ways our criminal system is becoming flawed with 14 year olds treated as complete adults, but then again, the crimes are generally not of a complex nature. Killing someone is wrong and if you are trying to argue that someone shouldn't' be tried for murder just because they haven't quite made it to 18, you'd have to defend to me why such a blanket exoneration should be given (as compared to the current method in the US where it is taken case by case and the mental state of the child is first determined before a judge orders the type of trial to be held).
A smart investor will not put his money in something that has the risk of becoming valueless.
not true. no one would invest in start up companies if this was true and private equity would be almost non existent. and then, mortgages wouldn't be written in Florida for a primary house(because in bankruptcy court, you can't take someone's primary residence in the state(I know its a simplification, but assuming no other assets that the court can force to be liquidated...). The rule is simple, the bigger the downside risk(probability weighted , that is), the more upside you need to accept it. Its not a question of there being some downside breaking point, it just requires a raising of the upside bar(or simply lowering the current price to bring it all back to equilibrium).
any way for me to try that out without having to wipe out my current OS on my computer(a boot disk preferably)? Also, is there somewhere I can get a list of hardware that Ubuntu is compatible with(basically, video card, motherboard, CPU) and then I'd actually try an install.
if my desktop can actually act that way, its far superior than anything windows or Apple has ever come out with(granted, being in OSX for 6 months, I have yet to find anything breath taking about it beyond XP). Now, I have seen a couple years ago similar add ons I could throw into windows to make it act like that, but I found them sluggish at best.
Thanks for any help.
actually, I've hit the limit on rows in excel multiple times unfortunately. in finance, we sometimes feel the need to analyze tick level data(so basically data for every second a security trades). its a lot easier to manage the data in excel when there are a bunch of in house functions that manipulate the data. 64000 rows isn't that much when you consider about 30,000 rows of data on an average day for something like a bond future. for a major bond future like the JGB, we could probably have upwards of 50,000 rows of data per calendar day because it trades liquidly when any market is open.
Yeah, a proper data base would be nice. but when its something like changing the definition of the row variable to be a long int, I think we'd rather see it go that way.
sorry for that typo. not positive 1.3 billion but -1.3 billion in the entertainment division. I should have realized that someone like you would require everything in order before you actually begin to attack the question rather than deflection.
just because you subscribe to some limited definition of how percentages can be used doesn't make you correct. A percent is merely a way of expression a ratio of two numbers. The reason 150% growth has meaning is with most ratios, its easier to use a percent than say "the company's net income is now two and a half times what it was 1 year ago". But I'm still waiting for any source you have that toes your line. You disparage wikipedia but feel your unique definition somehow carries more weight than the way percentages are used in textbooks across disciplines.
But thanks for trying to feel smart by giving a poor explanation of the differences between infinities. just because they are not intuitive doesn't make them well defined quantities in mathematics. And saying one is bigger than the other is very valid as the same test is used to find out if a set with 6 elements is larger than a set with x elements. as such, its a very well defined concept and the word "bigger" is as applicable there as with finite sets.
wow. well, maybe you can help me out here....
a meset.aspx?dcn=0001193125-06-180008&Type=HTML
now these are just rough numbers from their balance sheet. maybe you can come up with a way to say it without accidentally using negative percentages(which are completely valid in the world of finance, though I guess you live in a world where you haven't ever seen them used)...
Windows division : gross REVENUE(not income) - costs of the division : 10 billion dollars
Office division: Gross revenue - costs of the division: 9.6 Billion dollars
Server and Tools division: 3 Billion dollars
Entertainment: 1.3 billion
Corporate level activity : -5 Billion
Total Operating income: 16.5 billion
So, what percent of the company's total operating income do the windows division and office division create?
btw: definition of operating income: is revenue less cost of goods sold and related operating expenses that are applied to the day-to-day operating activities of the company. It excludes financial related items (i.e., interest income, dividend income, and interest expense), extraordinary items, and taxes.
but, after you get done telling me what percent they make, I'd love to hear where you heard the BS that you can't have negative percentages. my handy wikipedia says any dimensionless proportionality can be expressed as a percent.
oh, also for your reading so maybe you don't have to argue the definition of a percent(incorrectly) when learning about the breakdown of a company:
http://yahoo.brand.edgar-online.com/fetchFilingFr
also, if you think bigger than infinity has no meaning, check out c and aleph naught. it is a rigorously defined concept.
my god... your foolishness knows no bounds. 120% of their net income is equal to the net income of those 2 divisions. obviously, there is a division of their business that makes -20%. As I said, its the 5 billion in charges they take as general expenses....
I guess its much too complex for you to consider that some divisions in major companies are profitable while others are not...
granted, you could just be trying to joke or be a smart ass. but it seems people here talk out of their asses in regards to the financial positions of Microsoft.
wait, you obviously didn't read my post.
simply the fact that they have so much more profit than what can be attributed to Office and Windows means something else is successful.
of course, your response shows you know little about how MS makes money. Microsoft, according to official filings, makes approximately 10% of their income before taxes on investment activity.
just so you know though: they make about 120% of their net income on the divisions of their business that include office and windows. They make another 16% or so on server tools. If revenue growth continues, they make a few extra percent on online advertising and other services. entertainment lost about 8% this last year, but this was mainly on the back of releasing a new console. The year before it was half as much.
Now, where is the rest you may ask? General expenses. But most of this is due to monopoly-based law suits that can be attributed to the client division or office divisions, both of which make more than the 5 billion they lost there. As such, they are profitable at almost everything they do except home entertainment(lose about 1 billion a year).
yeah, rather than listening to everything you hear on slashdot, you probably should go look it up and realize that just because you have a poor opinion of the company doesn't mean that they are bad at what they do or that they are a 1 horse show. And I definitely don't need someone with your ignorance trying to teach me as I actually research these things, so thanks for keeping your lack of knowledge to yourself.
if you think you can double revenue by doubling your size, your wrong.
its like when someone says to a trader "hey, that bet did good, why not just double your risk limit and make twice as much"
Its extremely hard to double in size. and to do it twice will probably take more than a 4 fold increase in your employment rosters. YOu can just do the same thing twice as big adn suddenly, as you branch out into new fields, it because necessary to put in place a network of people to hold it together. then the dreaded TPS reports start and we know what will happen to your fax machines then...
just to let you know, the apple phone doesn't offer anything new or innovative outside of its touch screen.
I'm not a fan of MS, just I realize apple doesn't too all that much in teh way of innovation as they do on the packaging side. check out the latest phones for docomo or AU, 1.5 years ago, and you'll find literally every feature that is on the apple phone.
actually, under your assumption, teh new stock shouldn't affect company value (share price x shares outstanding) but it would, just like a big split would.
/ask to buy into a share(especially when being disciplined means you missed so many other great entry levels) and with the positive buzz, sellers know they can force a bidding war since there aren't that many shares up for grabs.
The reasons have to do with institutional investors. They are generally very long term investors who do not move shares on a regular basis and they happen to make up the big chunk of investments in google(especially if you include owners and private equity firms that got their shares before the IPO).
This greatly reduces liquidity in the underlying asset and this can create large amounts of price volatility and a very strong bias towards over-valuation.
The liquidity constraints generally work in one direction. i.e. people will cross wide bid
as a counter example, look at real estate stocks in india. for a while, they wre hitting their break points in daily growth every single day(5%). But finally, they started splitting, to the tune of 25 or 50 : 1. suddenly, the growth rate died off. this is because everyone who wanted in now had the liquidity to allow it and everyone who wanted out could really refine their positions. its a huge detriment when I want to invest 70k in berkshire hathaway only to find out that equals 1.5 shares. Its really teh fact that stocks aren't divisible that causes this problem.
yeah, its what I do. It was funny when I got on the job and realized all the great, clean, self consistent models you learn in textbooks don't hold up until the ultra-long run. and by then, you are either a super star or unemployed....
you need a basic math class. if all other business ventures lose money then office and windows must account for more than 100% of the profits of the company whereas the rest contribute a negative factor to reach 100% at the bottom line.
now, if your 60% number is correct, then MS is pretty damn successful at a few other things because that 40% isn't a slouch in terms of dollars...
actually, I guess I didn't explain it correctly. we gave him 24 hours of his choosing to answer 1 basic coding question, 1 basic dif eq question, and 2 logic problems. then,, 24 hours later during the interview, we reviewed his answers during a part of the interview. We then asked him in the interview if he could think of any improvements to make the code run faster. now that he couldn't wasn't a bad thing. we have all been in interview. but with 24 hours to submit a working piece of code to do something simple(this was an intro problem in the java class I spoke about, i.e. 2nd week you had to write exactly this and this was the first programming class for most people) I expected better.
if you aren't a comp sci major with a math concentration, then don't say that is your major skill set. the job called for someone with good programming and math skills. now, if you still feel it was unfair, I'd like to know why.
its funny you begin to blame java. I've seen java taught poorly. People taught like this are inferior to me in the language(I've never written code in the language or had any formal training in coding). Why? because at some different points in my life, I learned the logic behind writing code and spend a lot of time asking questions of people who are really damn good at it.
but then the java class at my school was top notch. a buddy of mine was in it and I routinely watched him work on problems. there wasn't any hand holding in the assignments. It was simply "write code to...",and you were graded not on the code being able to do X, but the efficiency and simplicity of the code you put out as well. his hw assignments took even really bright kids several hours to complete and all his tests were in class, you had to write your code by pen and paper.
anyone who passed thsi guys class learned how to write some really fun stuff.
I think Java is the most abused language but I would argue how someone codes in java is directly proportional to how good they are at programming. Since shit code also runs, you know someone can see big picture ideas of coding by the structure of their code. I Find simple problems do that best.
ex. in an interview, we asked someone to write code to find out of a number is prime. he ran through and basically wrote
dim x, r as int
dim y as boolean
' get the x value from user
y = FALSE
for i = 2 to x -1
r = x/i
if r = int(r) then
y = true
end if
next
if y then
print "r is not a prime number"
else
print "r is a prime number"
end if
now, I know I committed slashdot crimes by doing the above in a weak resemblance to vba, but its the only syntax I remember well enough to write anything in right now.
this was a comp sci major. I said we shouldn't hire him. when asked, I said he foolishly had his loop go through all numbers rather than just the odd numbers and made it go past the sqrt of x. both are really bad mistakes. further, he didn't break out of the loop as soon as his condition for prime-ness failed. yeah it runs, but it proves after 4 years of comp sci, he hasn't learned even basic math skills that should go with such a simple problem(and one I thought was pretty canonical).
can soemone tell me what tax incentives he is recieving? His income now is hardly worth noting compared to his net worth. giving away one major clip does almost nothing for his tax bill. He still gets hit with the AMT in the US.
further, why do you seem to ignore that he has now dedicated his entire life to charity work?
Of course, you don't seem to knwo what would happen if he donated almost all his money. absolutely nothing because charity organizations that specialize in where he wants to give money are incapable of using that much money immediately. The flow of money from the gates foudation would remain about the same.
I use open office at home, but one problem, its slow to load and slow at some basic things(compared to office at work, on a much weaker machine).
I think its the java personally....
just because the old lady is computer illiterate does not excuse her from not being knowledgeable about the law. As I painfully found out, even if a speed limit is not posted on stretches of road you have access(and can exit from) to it can still be enforced and its your fault for not being informed about it.
copyright infringement is a pretty simple concept. if you didn't buy it, its not yours to freely use. While that maxim doesn't encompass every case, it sure as heck covers lots of ground. Now, if the problem is the infringement is being pinned on an elderly lady when a family member actually engaged in the infringement, well, that just sucks. But that is why there is a court system in existence. people get charged with crimes and then declared not guilty all the time. its part of the process.
Now, the real problem I have is with there not being a blanket law saying that if you sue someone and lose you are liable for their legal expenses. What the MPAA and RIAA do is extortion simply because it is cheaper to pay their 3 grand than get a lawyer and attempt to let the legal system work how it was intended to.
just to point out,
every critical patch in windows has exactly that wording, even if there has been a major virus already released that affects that vulnerability. I'm not saying whether or not this guy is full of shit, but the wording a company uses when issuing a patch never says anything along the lines of "there is a full and working exploit that has been demonstrated". at least, not one I've ever read...
not true, I'm indian. grew up on food spicier than what most people have experienced. I have had problems with the after effects when having eaten a lot of pickle(indian pickles to be precise).
well, it wasnt exactly natural how we consumed it. it was a competition to see who could eat the most. I think in the end, we both paid for it because our stomachs were bothering us for a couple of hours even though the food wasn't any spicier than what I'm used it. a foolishly large amount can do it to anyone in my experience, even those of us with high tolerances for spice.