The economic headlines are grim almost everywhere you look. An item on Page 1 of today’s Financial Times sums things up succinctly: Growth in the US is slowing, much of Europe is in recession, China’s growth outlook has weakened, the reform processes in India have stalled and other large emerging [continue reading . . . ]
Is it too late to buy Apple stock (symbol AAPL)? I don’t know. I do know that an Apple store I visited recently was swamped. People weren’t quite lined up on the sidewalk, but it was a close call. The store was crawling with potential customers. Every age group from [continue reading . . . ]
Is Microsoft CEO a Charlie Brown, tumbling embarrassingly into a heap as Lucy repeatedly snatches the football away at the last minute. Hedge-fund manager David Einhorn of Greenlight Capital, famous for spotting trouble early at Lehman Brothers Holdings, thanks so. Einhorn, whose fund owns 9 million Microsoft shares, told the [continue reading . . . ]
Facebook worth $76 billion, more than Boeing ($57.9 billion) or Ford ($57.8 billion)? LinkedIn, a Facebook for professionals, worth $3.3 billion, 200 times 2010 profit? Microsoft pays 400 times operating profit for Skype, where only a tiny minority of registered users pay anything. What’s wrong with this picture? Does this [continue reading . . . ]
I said it on KUOW’s Weekday program today, and I’ll say it here: I’m from Missouri concerning Microsoft’s announced $8.5 billion acquisition of Skype, the service that allows users to make voice or video calls using the World Wide Web free or at very low cost. I understand what the [continue reading . . . ]