Smarthouse | ChannelNews| Digital Home     
 
 
 
News sections
Reviews


 
 
FINANCIAL / CREDIT

  Microsoft Cash Pile Cut In Half

By The Inquirer | Monday | 2007-04-02

According to Bill Gates' local newspaper. the Seattle Pi, Microsoft's huge cash mountain is shrinking to the size of just an ordinary IT company.

Once legendary for its piles of cash, it seems that the Vole's money mountain is half what it was two years ago when it eclipsed the sun and the royal family could take a well-earned sking holiday on its lower slopes.

In fact for the first time in five years, the Vole's cash mountain is below $30 billion. OK, it is still a huge amount of dosh, but it seems that the software giant is spending money faster than most supercomputers can count it.

Windows and Office, are still generating large amounts of cash - about $1 billion a month - and the Vole has given its shareholders nearly $100 billion through dividends and by repurchasing its own stock in the past five years.

It is still buying up companies, but these are much smaller outfits and do not need lots of zeros on the cheque to buy.

The company is thinking of buying back a load of its own shares - again. In December Redmond authorised the buying of $29.3 billion worth of additional shares in the next glorious five year plan.

 

Print this article
Email this story to a friend
Link this post:

Link this page to delicious Link this page to Digg Link this page to Furlit Link this page to News Vine Link this page to Reddit Link this page to Spurl Link this page to Yahoo My Web RSS this section

 

 
LATEST REVIEWS
MORE
Altec Lansing Speakers Too Bass-Driven
No more space-hogging subwoofer that sits on the floor! Altec Lansing puts all the bass...
Explosive Sennheiser Earphone For Music Lovers
Sennheiser has won our hearts once again with its new range of noise-isolating earphones. The...
Crest Power Board Cuts Electricity Bills
Besides protecting your audio/video equipment from power surges and spikes, the Crest Earth Smart is...
Advertisment



SMARTHOUSE NEWSLETTER

Get the latest news
Subscribe today for your daily dose of SmartOffice news...




 
SMARTOFFICE 2009 | Legal | Disclaimer | Terms & Conditions