In the wake of Microsoft’s failed attempt to acquire Yahoo, “this is now an excellent opportunity to sell any Microsoft stock you have left,” Brett Arends writes for The Wall Street Journal.
Arends writes, “The bid itself, followed by its swift abandonment, should raise serious questions about Microsoft’s leadership and direction. Does Chief Executive Officer Steve Ballmer really know what he is trying to do?”
“Ordinary consumers might legitimately ask if Microsoft’s corporate strategy is any better than the company’s mediocre software,” Arends writes.
MacDailyNews Take: Beautiful line! We couldn’t have done much better ourselves. (We would’ve gone with “mediocre-at-best,” instead.)
Arends writes, “It was always hard to see why combining Microsoft’s third-rate Internet strategy with Yahoo’s second-rate Internet strategy was ever going to take on Google. It’s like tying two rocks together in the hope they will float,” Arends writes.
Arends writes, “Private investors should ask themselves why they are bothering to own Microsoft stock directly anyway.”
Full article here.
MacDailyNews Take: Make the world a better place. Get a Mac and buy some AAPL!