Archive for the ‘Microsoft’ Category

Microsoft’s Annual Revenue Surpasses $50 Billion

July 20, 2007

Microsoft Corp. today announced revenue of $13.37 billion for the quarter ended June 30, 2007, a 13% increase over the same period of the prior year. Diluted earnings per share for the quarter were $0.31. Excluding $0.08 of previously announced charges primarily related to Xbox 360™ warranty policies, earnings per share would have been $0.39, an increase of 26% over the same period of the prior year when also adjusted for certain items. For the fiscal year ended June 30, 2007, Microsoft announced revenue of $51.12 billion, a 15% increase over the prior year. Diluted earnings per share for the year were $1.42. Excluding certain items, earnings per share would have been $1.49, an increase of 17% over the prior year when also adjusted for certain items. $31 billion in cash, or approximately 175% of operating cash flow, was returned to shareholders during the year through share buybacks and dividends. “Surpassing $50 billion in annual sales is a testament to the innovation and value that our product groups delivered into the marketplace, as well as the outstanding execution by our field sales, marketing teams and partners to bring that value to life with our customers,” said Kevin Turner, chief operating officer at Microsoft. “In fiscal year 2008, we will continue to drive growth through new product offerings, such as Windows Server® 2008, Visual Studio® 2008, SQL Server™ 2008, Office PerformancePoint™ Server 2007, and Microsoft Dynamics™ Live CRM.””

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Microsoft Says Xbox 360 Failures “Unacceptable”, Does The Right Thing

July 5, 2007

“Microsoft has made some announcements that point to problems with the Xbox division.First off, Microsoft acknowledged the Three Rings Of Death problem, calling it “unacceptable”, offering a hugely extended warranty for consoles with the fatal error. All new 360s have a one-year warranty, but 3-ring consoles receive a special 3-year warranty from date of purchase, complete with free shipping. The cost of this new program will be $1.05-1.15 billion for the previous quarter, a major hit to the stock and the bottom line.

Microsoft is doing a very good thing for its customers, finally acknowledging a problem and fixing it for three years, at a great cost to itself. The 360 shipped with a major manufacturing defect, and they are paying over a billion dollars to repair it. I’m thrilled that Microsoft is doing this, but saddened that the company has to take such a major blow. Thanks to this, the Xbox division is going to have a hard time making a profit in the forseeable future.

If you have had to pay to repair your console, ever, for ring of death errors, you will receive a full refund. What about customers like me, who did the smart thing and paid for an extended warranty? It looks like we’re screwed, but I will be calling Best Buy for a refund, and let you know how it goes.”

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Google Still Whining

July 4, 2007

“Google Inc. still hopes to influence changes that Microsoft Corp. plans to make in Vista’s desktop search function, even after the parties involved in Microsoft’s 2002 antitrust settlement agreed to alterations to the search system.On Monday, in response to Microsoft’s opposition to an earlier request, Google asked that the U.S. District Court for the District of Columbia allow it to weigh in as an interested party regarding the way the search function should be changed. The filing comes two weeks after Microsoft and the plaintiffs in the antitrust suit said that they had worked together and agreed to changes.”

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Gates No Longer The Richest Man In The World?

July 3, 2007

“Bill Gates appears to have been dethroned as the world’s richest man. But based on his past comments, he probably isn’t disappointed.

The Microsoft Corp. chairman and co-founder has been overtaken on the world’s richest list by Mexican telecommunications tycoon Carlos Slim, according to a Mexican financial news service quoted by Reuters.

A 27 percent surge in the stock price of Slim’s wireless company, American Movil, in the second quarter has put his worth at close to $67.8 billion, Reuters reported Tuesday.

Reuters quoted financial tracker Eduardo Garcia, from Sentido Comun, an online financial publication. Garcia estimated that Gates was worth $59.2 billion, Reuters reported.”

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Microsoft Ending Vista Family Discount

July 3, 2007

“Five months after its introduction, Microsoft is discontinuing a program that offered some Windows Vista purchasers the ability to buy additional copies of the operating system at a substantial discount.

Since Windows Vista went on sale to consumers at the end of January, US and Canadian buyers of Vista Ultimate have had the option of buying up to two additional copies of Vista–albeit the Home Premium version–for an additional US$50 apiece. The company had said it would re-evaluate the “Windows Vista Family Discount” after 30 June.

In a posting on the Windows Vista Team Blog, Microsoft product manager Nick White said the program would “sunset” as of 11.59pm PDT on 30 June.

“Around the time of the Windows Vista launch, we announced the Windows Vista Family Discount program to further persuade families to become early adopters of Windows Vista,” White wrote. “We’ve been pleased with the response to the program, which has enabled thousands of multicomputer families to upgrade more than one PC in their home to Windows Vista.””

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Microsoft Flip-flopping On Virtualization License

June 21, 2007

Microsoft came within a few hours of reversing its EULA-based ban on the virtualization of Vista Basic and Premium, only to cancel the announcement at the last minute. The company reached out to media and bloggers about the announcement and was ready to celebrate “user choice” before pulling the plug, apparently clinging to security excuses.”

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Microsoft: Soon To Be Your TV Manufacturer?

June 21, 2007

Microsoft announced their Media Center Extenders partner program over a year ago at WinHEC 2006, and since then there have been no 3rd party Media Center Extenders and we’re six months into Vista. Now, I have been assured by the eHome group that partners are coming soon (in time for Christmas), but this may be a sign the company is either looking to build their own or are looking to somehow get closer to the hardware side in terms of product development for their MCX program

They may think the Chinese market, in particular, may be greenfield for development of IP connected video products and this may be their entree into the market. They do have some IPTV partners in trials in China Netcom, but this is more of a play towards the end-user and potentially for public Internet video.”

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Google Whines, Microsoft Caves

June 20, 2007

“Microsoft agreed Tuesday to make changes to the desktop search feature in Windows Vista in an effort to assuage Google and head off a further antitrust battle with U.S. regulators.

In a filing made jointly with the Justice Department on Tuesday night, Microsoft said it would change the search feature as part of the first service pack to Windows Vista. In the filing, Microsoft talked for the first time about when that service pack would arrive, saying a beta version will come by the end of the year.

Under the agreement, Microsoft will create a mechanism whereby both computer makers and individuals will be able to choose a default desktop search program, much as they can choose a rival browser or media player, even though those technologies are built into Windows. ”

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Shuttleworth Denies Ubuntu-Microsoft Deal

June 19, 2007

“The head of Ubuntu says his company isn’t interested in forming a deal with Microsoft along the lines of those recently reached by Linspire, Xandros, and Novell.

Canonical chief executive Mark Shuttleworth has made it clear that Ubuntu isn’t interested in forming a deal with Microsoft along the lines of those recently reached by Linspire, Xandros and Novell.

“We have declined to discuss any agreement with Microsoft under the threat of unspecified patent infringements,” Shuttleworth said in a blog post on Saturday.

His remarks follow speculation in the press that, following Linspire’s agreement with Microsoft last week, Linspire partner Ubuntu might follow suit.”

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Ubuntu Linux Validates As Genuine Windows

June 18, 2007

“Another crack in the Windows Genuine Advantage wall. A user at UbuntuForums.org managed to validate an Ubuntu installation as a genuine copy of Microsoft Windows and get to the download page of Windows Defender, using IE4Linux and Wine. (Here is an OGG video of the process.) Along with the advancement of LiveCD technology, this could spell the end of Microsoft’s control over who gets their updates.”

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