Microsoft shares hit 11-year low

CEO Steve Ballmer's failure to announce more cost-cutting measures disappoints analysts and apparently investors, too.
(From Reuters)

The story "Microsoft shares hit 11-year low" published February 25, 2009 at 5:56 AM is no longer available on CNET News.

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[Mr. Dee]

If you didn't know, that robust edition of Windows 7 for Netbooks is called Starter.

[Maxwell Studly]

Actually, no it's not. Starter is exclusively for developing countries. You know, they do sell/offer netbooks outside of the developing world. Knowledge is power, brother.

[dennisl59]

My suggestion to "cut costs"? Drop every product except Office, Windows Server, the Desktop "whatever" OS and the XBox. Kill the Zune and the Retail Store idea. Microsoft is the General Motors of the Software Industry, or hasn't anyone noticed? Bloated and top heavy with ancient products and technology. Thank You.

[MMC Racing]

Then we can all go back to Lotus Notes and slit our wrists :)

GM has unions with too many legacy costs. Your comparision is not valid

[Jonnygthedrummer]

yes , i agreed with u

[aaydogan]

MS is the GM of the software industry in that its products are locked into unworkable legacies and its R&D teams aren't given the flexibility to move in new, innovative directions. Unions did not decide which models to make, how to market or how financial decisions were made at the board level at GM. Legacy health care and high union wages are part of the issue, but inept management is the main reason for GM's failure and most likely MS's potential failure.

[The_happy_switcher]

The wheels fell off this bumbling behemoth years ago.

[jessiethe3rd]

Still killing most out there in marketshare, penetration, innovation, and cost effectiveness. Sorry - the whole market is down and has been down. MSFT is a market stock... as the market moves so will MSFT...

[The_happy_switcher]

I guess you missed the part about how the stock is now back to where it was 11 years ago.

[t8]

"Ballmer also said he still wants to team up with Yahoo to compete against Internet search giant Google, though he is not interested in buying Yahoo."

In other words, it would have been a big mistake to have bought Yahoo! Especially considering the price and previous to the recession.

Lucky for Ballmer, Yahoo said NO isn't it?

How else can you interpret his statement?