It seems like just yesterday that they were so unstoppable that they held a stranglehold on the global computer market and faced antitrust suits around the world.
What a difference a decade makes. Their stock is at 30, right where it was 5 years ago. Their price/earnings ratio is about 10, or roughly half the average of the S&P 500. Rumors are rampant that Steve Ballmer will be fired. Goliath has become David.
So what’s the future for Microsoft? Possibly very bright due to their new Windows 8 platform and that’s not because I love it. In fact, I wrote in an earlier post that it’s bound to piss PC users off. However, Microsoft has proven before that strategy can trump product and, in this case, their strategy is dead on. What’s more, it shoots straight at Apple’s Achilles heel.