“Shares of Microsoft Corp. edged lower Wednesday after Global Equities Research analyst Trip Chowdhry downgraded the software giant in part due to increased competition from Apple’s Macs to its Windows operating system,” The Associated Press reports. “Chowdhry, who downgraded Microsoft to ‘Equal Weight’ from ‘Overweight,’ said in a note to investors he does not expect the company to see any upside to his estimates for the next 12 to 18 months.”
“Increasingly, companies are giving their employees a choice to either use Microsoft Windows PCs or Apple Inc.’s Macs, the analyst said. And, increasingly, employees are choosing Mac over Windows,” AP reports. “To boot, Chowdhry said 70 percent of college freshman are entering school with Macs, up about 10 percent to 15 percent from a year ago.”
AP reports, “‘Our research is indicating that Microsoft is unable to connect with the new generation of users,’ Chowdhry wrote, adding that this could cause problems down the road when these students enter the work force and once again pick Macs over Windows.”
Full article here.
MacDailyNews Take: When we wrote the following back on January 10, 2005, many laughed:
As we have always said, even as many short-sightedly waved (and continue to wave) the white flag, the war is not over. And, yes, we shall prevail… No company is invincible. Not even Microsoft.
We don’t hear any laughter today.
[Thanks to MacDailyNews Reader “BackMook” for the heads up.]