“Instead of unveiling an elegant response to the iPad, Microsoft came to the tech industry’s premier gadget show with a collection of exposed computer guts,” Jessica Mintz reports for The Associated Press.
And they weren’t very nice about it either. As I mentioned earlier, MS is doing great in the gaming world. Not so well elsewhere. This analyst does not seem impressed by the virtual demo of a tablet which may still be years away. Their phone strategy is a mess and the duopoly of Wintel may be at an end.
But here is why a lot of analysts are pretty stinging int heir criticisms:
Mintz continues, “It’s hard for anyone to applaud Microsoft without noting the threats posed by the growing popularity of Apple Inc.’s iPad. It’s also hard to see Windows as a tablet contender amid an onslaught of new tablets running Google Inc.’s Android software… Those concerns have been weighing on Microsoft stock, which has hovered around the $20 to $30 range for the past decade. Apple, on the other hand, has seen its share price more than triple since the first iPhone was announced in early 2007. Last year, Apple’s market capitalization surpassed Microsoft’s, making Apple the second-largest U.S. public company after Exxon Mobil Corp.”
It always comes down to stock price. Since 2007, MS is down almost 3% and Apple is up 255%. Since Ballmer took over in 2000, MS stock has lost half its value while Apple’s has gone up 10-fold.
I wonder who they will get to replace him, as if that would really make any difference.