"Who said sit down!?"
With Bill Gates slowly stepping away
from his day-to-day activities as Microsoft's chief software architect, Steve
Ballmer is seeing more of the spotlight shine on him as analyst and investors
inquire about what direction the company will take in the coming years. At this
month’s meeting with financial analysts in Microsoft’s home city of Redmond,
Washington, it was Ballmer
who opened the floor instead of the omnipresent Gates. From Information Week:
Ballmer said he's
continually peppered with questions from investors about how the company will
expand its traditional software business, expand on the Internet, and "get
our stock price to do something interesting." Shares of Microsoft have
been trading in a narrow range for the last five years. Last week, Microsoft
began a $40 billion stock buyback program designed to boost its share price.
The next few months will see the launch of several key
products that are essential to Microsoft's core software business, so flawless
execution is key. The two products are so important that Microsoft will be
pouring $1 billion USD
into marketing for the two software releases. With the multiple delays that
have plagued both Windows Vista and Office 2007, many are wondering if
Microsoft can actually stick the planned January release of Vista. Ballmer has
been quoted as recently as May that that Vista would be released "When it’s ready"
and Gates has said that there was an 80% chance that the
company would ship the operating system by January 2007. The company is also looking to shorten the time betwen OS releases.
"We will never have a five-year gap between releases of flagship products," said Ballmer at the analysts meeting.
Microsoft is also banking on its upcoming Zune line of portable
media players to become a financial “pillar” for the company -- it is has also
earmarked $500 million USD for the launch of the player. The iPod has been
a tremendous cash cow for Apple and has become a must-have accessory for the
ultra-hip urban trendsetters out there (and some not so hip old fogies I might
add). Microsoft is hoping to
strike gold with its Zune players which will feature Wi-Fi to enhance
its community-based music sharing, content streaming, and Internet access for
direct music downloads. Ballmer went to to say,
"I know we have a long haul. For
better and for worse, there is no other company that would be
attempting to get in this business."
"DailyTech is the best kept secret on the Internet." -- Larry Barber
|
DailyTech Poll
Which web browser do you use on your primary personal machine?
44 Comments
Most Popular ArticlesEasy Fix to Prevent Microsoft From Bricking Xbox 360s HDDs Arrives November 18, 2009, 6:41 AM Built Around the Browser, Google's Chrome OS Launches, Reinvents the Operating System November 19, 2009, 2:40 PM Update: Potential Fix for 1 Million Banned Xbox 360's Has Arrived November 13, 2009, 12:00 PM OCZ Technology Announces 3.5" 1TB Colossus SSDs November 17, 2009, 6:48 PM GM Sheds Light on Volt's Greatest Problems, How it Hopes to Overcome Them November 18, 2009, 12:19 PM
|