Microsoft Corporation (NASDAQ:MSFT) has joined the list of
only few companies that have decided to heavily invest in renewable energy. The
list only comprises of elite companies such as Wal-Mart, Ikea and Google as
Microsoft tries to power one of its largest Data centers. This move could be
beneficial to the company as it will essentially result in reduced cost of
running the business through reduction of power bills. Microsoft has already started the investment by committing a 20 year clean energy purchase plan from one
of Texas largest wind farm which has an output capacity of 110MW. The
Construction of the wind farm that is being carried in Texas will come to a
full conclusion in 2015. This is a viable move as the cost of 1MW/h has
declined from a high of $70 in 2009 to a low of $40 this year alone. Read more.
Under this blog, we openly discuss the prolific Microsoft Corporation. This blog revolves arounds the company's current potential, stock analysis, financial position, business ups and down, and so on.
Friday, November 8, 2013
MSFT, ZNGA & OUTR Soar; Callaway Skyrockets Despite Losses; NQ Mobile Drops 47%
Amazon (AMZN) and Microsoft (MSFT) are both surging on their
earnings, which came out after yesterday's closing bell. The climb puts Amazon
at an all-time high. As of yesterday's close it was already up 29% year-to-date.
Amazon had adjusted losses of 9-cents a share for the quarter. That's exactly
what was expected. Investors seem to be ignoring the fact that the company
issued guidance for the current quarter that was below consensus. Not a good
thing when you consider the period includes the holiday season. As for
Microsoft, the software giant had a healthy beat for the period with earnings
of 62-cents a share, 8-cents above estimates. Revenues also beat expectations.
Shares of Microsoft were already up 22% going into today's session.
Next up are service sector stocks Zynga (ZNGA) and Outerwall
(OUTR). Zynga lost 2-cents for the quarter, but it was expected to lose
4-cents, and revenue topped estimates at $152-million. Revenue was actually
down 36% from a year ago, and the company lowered its outlook for the current
quarter.
Read more.Thursday, November 7, 2013
Microsoft and Facebook team up to offer bug bounties for a safer internet
In an effort to battle hackers and keep the internet safe
and secure, Microsoft has teamed up with Facebook to sponsor an Internet Bug
Bounty program that'll offer a cash prize to anyone able to uncover important
web vulnerabilities. Rewards range from $300 to $5,000 depending on the
severity of the flaws, and might go even higher if the discovery is deemed
important enough. Only those in the US will be eligible to receive the prize
and the money will have to go through a legal guardian if you're under 12 years
old.
The security findings must be widespread, severe, novel and not specific to
any one site. They'll be judged by a panel of experts from Microsoft, Facebook,
Google, security consulting firm iSEC partners and Etsy. Read more.
Wednesday, November 6, 2013
Microsoft Corporation Need More 2 Months To Select 1 CEO
According to sources familiar with the matter said that
Microsoft Corporation (NASDAQ:MSFT) has lessened list of outer candidates to
substitute CEO Steve Ballmer to about five people, including Ford Motor Company
(NYSE:F) chief Alan Mulally and ex- Nokia Corporation (ADR) (NYSE:NOK) CEO
Stephen Elop.
The source also said that the company also has at least
three internal candidates on its shortlist, including Satya Nadella, the
company’s cloud and enterprise chief and ex- Skype CEO Tony Bates, who is now
responsible for Microsoft’s business development. The process can take a few
more months. But the company was reluctant to comment on the process and on
behalf of the internal candidates. However, Ford spokesman Jay Cooney said that
there is nothing new yet. Alan is still committed with One Ford plan.
In recent months, investors have pushed Microsoft’s board to
consider Mulally or Computer Sciences Corp CEO Mike Lawrie, to replace Ballmer.
Tuesday, November 5, 2013
Chart Says Tech Giant's Breakout Could Lead to an 18% Rally
Technology giant Microsoft (MSFT) reported better-than-expected
fiscal first-quarter 2014 earnings on Oct. 24, after the close. Earnings per
share (EPS) came in at $0.62 versus the Street's estimate of $0.54 and up from
$0.53 in the same quarter last year.
This growth in earnings came despite a 7% year-over-year decline
in revenue from its Windows operating system. Overall, the company's revenue
was up 16% from last year to $18.53 billion, beating the $17.78 billion
estimated by analysts.
Furthermore, the tech firm said its devices and services
business is progressing, which has been a focus for many analysts since the
firm's failed attempts over the years to gain traction in the mobile computing
world and its recent $7.2 billion acquisition of Nokia's handset business. Read more
Saturday, November 2, 2013
Google, Microsoft develop new ways to snoop on you
Microsoft MSFT -0.13% , Google GOOG -0.20% and Facebook FB -0.34% are working on systems that could mean the end of, or at least a vast reduction in, cookies — those tiny files that marketers use to record consumers’ online behaviors, like which articles you’ve read, ads you’ve clicked on and items you’ve purchased.
On its face, this sounds like it should be a relief to many consumers: less tracking, more privacy. But in reality, the opposite may be true, says tech writer Bob Sullivan, author of the book “Gotcha Capitalism.” “You’ll still be getting tracked, and now you’ll be getting tracked more effectively,” says Anthony Mullen, a senior analyst at Forrester Research. It should be noted Google isn’t the only one snooping on Google searches: The NSA has reportedly hacked Google so it can spy on searches.
In fact, the tech giants would use their new systems to harness that tracking data themselves, the Wall Street Journal reports. Facebook’s new ad service places Facebook code on retailers’ sites so that the retailer can put an ad on Facebook’s mobile app. MSFT.
Friday, November 1, 2013
Microsoft spending $405 million on Windows marketing, aiming for 16 million tablet sales
Microsoft started a huge advertising campaign for Windows 8 and Surface during its launch last year, but the company is reportedly planning to spend even more this year for Windows 8.1. Winsupersite reports that Microsoft spent $241 million on retail Windows efforts last year, but that it’s expected to spend around $405 million this year. $131 million is said to be related to offers and incentives, while the rest ($274 million) will be spent on marketing and operating expenses.
The aim of the big spend is to push Windows tablets in retail stores. Microsoft is reportedly aiming for around 16 million Windows tablet sales over the holiday season, with improvements to its marketing and retail efforts being the main changes to help convince consumers to buy Windows tablets. Microsoft recently teamed up with Best Buy to create Windows Stores inside 600 retail locations and the software giant is doing the same with over retailers around the world. Windows tablet sales have been slow since the release of Windows 8 a year ago, and Microsoft is clearly hoping that Windows 8.1 and a new range of devices will help spur them on this time around. Read more MSFT.
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