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and they are in a business that actually has had a long-term future.
Whether Micro$oft's business model has a future is another question entirely. And it should be evident from the history of stock markets that considerable discomfort awaits those who believe that the future of a company's market value has been revealed to them :-P
Austerity can only be implemented in the shadow of a concentration camp.
If I was throwing investment money around I'd be spending it on robotics, private space access, interface design and biotech.
The core OS part is pretty much an irrelevance on PCs now, and doesn't have the feudal power that it had now that many people use the OS as a gateway to the web.
MS tried and failed to control that gateway, but Bill G was too slow to understand why it mattered, and without its monopoly MS is failing at almost everything it touches.
MS will carry on, zombie-like, for at least another decade, but it's closer to GM than it might think it is.
When I can keep a class spreadsheet in the cloud and get at it from anywhere using a browser without really caring which operating system is running underneath, and we see programmers programming to various browsers and browser plug-ins, the termites have got to the load bearing beams.
Meanwhile, GM can build pluggable battery electric share cars and pluggable battery electric short haul container haulers and continue in their same basic business model for decades. I'd rather hold Ford stock long-term than GM stock, but I'd rather hold GM stock than Chrysler ... as the industry downsizes, the number of transnational firms with substantial US manufacturing will decline.
I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
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