Microsoft CEO candidate Stephen Elop said to consider selling Xbox business, killing Bing

[JEMC]

selnor1983 said:

justinian said:

selnor1983 said:
LOL. This wont happen. People on the net are still really trying.

Microsoft are posting record profit in their entire history right now. Bing is gaining every year on Google and Xbox makes a lot of money on 360 generation.

But internet wannabes still trying to rock a boat. That's earning a quarter what Sony is worth in its entirety. Hell Microsoft made profit last quarter half of Apples worth.

These are not just people on the net selnor. Some are people very close to MS and Bill Gates.

The fact you mention Bill Gates says it all. 

Ill say again, Microsoft is better now Financially than EVER before. 

So they change things why?

Because in this day and age, investors give a sh*t about the company. They only go after the easy money.

They go, buy enough shares to be relevant in investors meetings and try to force the rest to sell the assets that are holding back the Co. in the short term. That way the next quarter or fiscal year, the results will be better, shares will rise and they will be able to sell their part winning a lot of money. They don't care If that has a bad impact on the Co. in the long term, they've already made the money and moved on to the next project.

They don't care about mid-long term strategies, and the Xbox is exactly that.

But kowenicki could explain it better than I could.