Goldman Sachs “removed software giant Microsoft Corp. from its ‘Americas Conviction Buy’ list,” John Letzing reports for MarketWatch.
“Microsoft, which had been on the list since June 2006, saw its shares fall slightly, to $28.54,” Letzing reports. “The investment bank said that with the recent releases of its Vista operating system and Office 2007 suite, Microsoft is headed toward an uncertain future as it spends heavily to increase online services.”
“‘Investor nervousness remains high, particularly given uncertainty regarding spending plans in [fiscal] 2008 and recent negative management comments on Vista,’ the analysts wrote. In February, Microsoft Chief Executive Steve Ballmer warned that some analysts’ expectations for Vista sales in fiscal 2008 were too high. The company also has indicated that it will spend significant amounts of money to increase its relatively small share of online services such as search,” Letzing reports.
Letzing reports, “Vista, Office 2007 and other contemporary Microsoft product releases ‘potentially mark the end of an era. … Changing technology and business models in areas such as software-as-a-service, virtualization and open source seek to diminish Microsoft’s stranglehold on the desktop, which in turn significantly depletes the company’s cash cow,’ the Goldman analysts wrote. ‘Vista may be the last big operating system developed by the company.'”
Full article here.
[Thanks to MacDailyNews Reader “Kevin” for the heads up.]
Related articles:
BloggingStocks: ‘Apple is a phenomenon’ – April 09, 2007
Microsoft is dead – April 08, 2007
Microsoft faces mutiny: Dell to expand Linux factory-installed options; HP dumps Media Center PCs – March 29, 2007
Spate of recent Mac security stories signal that Microsoft, others getting nervous – March 06, 2006
Apple’s Mac is not doomed to small market share forever; the ‘Ignorance Lag’ is ending – February 11, 2005
Defending Windows over Mac a sign of mental illness – December 20, 2003
MSFT is withering and dying.
Just as the buds of spring are showing on every branch of the Apple tree.
The stock hasn’t done a damn thing since the dot bomb crash of 2000, so I don’t know why they were on any “elite list” to begin with…
… and good riddance?
Couldn’t happen to a nicer bunch…..
Bye! Bye!
What reason did they have to ADD them to the list in June ’06?
R.I.W., Microsoft.
new title-
Goldman Socks Microsoft;Dumps Zune Maker
(Microsoft feels flushed…)
hit you while leaving.
Actually, who cares if the door slams on Ballmer best side.
When your ass is better than your face you know you are in for something!
Goldman Sacs dumps a micro soft turd. It was easy a GS employee grunted as things tapered off. With more moral fiber and the tightening of assests, this company could shed excess waste and be back on top of the throne once more.
I wonder if it was June 6, 2006 when they were added. That would make sense…
…now that disappoints me sorely, it surely do ..because I do declare I have become so use to sucklin on that sack of udders.
I’m a frettin me up a storm with just thinkin. “Oh my”, a little voice in my secret self says to me …”you betta start pissin all over
yourself, now because some group of analysts got themselves airborn being as how the mammas milk is all dryin up and all.”
I met a traveller from an antique land
Who said: “Two vast and trunkless legs of stone
Stand in the desert. Near them on the sand,
Half sunk, a shattered visage lies, whose frown
And wrinkled lip and sneer of cold command
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them and the heart that fed.
And on the pedestal these words appear:
`My name is Ozymandias, King of Kings:
Look on my works, ye mighty, and despair!’
Nothing beside remains. Round the decay
Of that colossal wreck, boundless and bare,
The lone and level sands stretch far away.
From the article: Shouldn’t that be . . .
“Vista may be the last PIG operating system developed by the company.”
this sounds just like the dark days of Apple back in the mid to late 90s. Microsoft will be around but it will take a good decade or less to reinvent itself. As for me, I am 99% microsoft free.
Wait till after MacWorld Expo and seen how much further Microsoft stock drops.
Microsoft.
Your stock. Our schlock.
Wait for the next big virus to hit Windows systems, and for analysts and commentators to tell the public that even Microsoft Vista is not immune.
Folks: read the end of this article for an extra burst of pure, sweet hilarity.
Microsoft has announced they are working on a successor for Vista! They even put the code name: Vienna.
wow.
the wow starts now.
@Shieldzee
Love your work…
Yeah, I don’t know why investors can’t buy into the MS ideology. Keep throwing money and intimidation at a problem and hopefully it will go away.
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Vienna? Like the sausage?
From wiki:
“Vienna sausage is a variety of canned sausage. The term means essentially the same thing as Wiener, as the word “Wiener” means “Viennese” in German.
Canned Vienna sausages are generally made using a simplified adaptation of the process used to mass-produce other sausages. Meats, such as chicken, beef, and pork, are finely ground and mixed with salt and spices, especially mustard, and formed into a batter, which is poured into a long casing and smoked. The sausages are cooked, chopped into equal size segments, and placed into tins or jars, usually without the casings, and, with broth or brine added, processed the same as other canned goods.
Once a common food in the US, they are now the butt of many jokes in cartoons such as Ren & Stimpy.”
Wiener of an OS? Yes! Butt of jokes? Yes! Perfect name? Indeed! Wow.
‘Vista may be the last big operating system developed by the company.’
Ah, now where have I heard that before? Oh yeah, I said it a few months ago. Good riddance, crappy NT re-heated leftovers. I’m cleanin’ the fridge.
-c
MW: ‘progress’
Stephen
http://www.xmlshoestring.com/Sonneteer/sonnets/ozymandias/reading
@ ChrissyOne
> Good riddance, [Vista] crappy NT re-heated leftovers. I’m cleanin’ the fridge.
Classic. I will have to remember that one.