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Viking

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You seem to be ignoring everyone's elses argument as it relates to the $8 billion spent. We get your argument, it just doesnt make much sense.

 

No, you're wrong, there is no evidence that there is going to be a repatriation holiday, especially given the debt the GOTUS is in. 8B would never have been returned to shareholders, and it's incorrect to use that as your basis for any opportunity cost.

 

No one is talking about returning cash to shareholders, and I didnt mention repatriation holiday.

Lets agree, to disagree. As I said you will continue to ignore everyones argument and your mind is pretty much made up.

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MS had many of these "innovations" long ago, but failed for two reasons apart from technology not being ready, 1) Bad execution, or 2) They consciously chose not to pursue them in order to protect their castle - Windows. This is not just on Ballmer, this is pretty much their core strategy developed under Gates. Jobs' biography tells us how he learned that Bill Gates was working on a tablet back in about 2003, and Jobs just had an LMAO moment at how they were using a stylus.

 

This book, published in 2001, covers some of these issues. I'm gonna reread it now.

 

Breaking Windows: How Bill Gates Fumbled the Future of Microsoft

http://www.amazon.com/Breaking-Windows-Fumbled-Future-Microsoft/dp/1416573259

 

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Dividend increase and $40B share repurchase program announced.

 

http://www.microsoft.com/en-us/news/press/2013/sep13/09-17dividendpr.aspx

Amazing, no reaction from the market.

 

what is there to react to? Leaving the repo open ended versus the 5 year time frame that was in the last repo program gives us exactly nothing in terms of understanding future capital allocation.

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Guest wellmont

msft will go up $1 the day PW and team canada buy bbry. :) as far as msft buying bbry, these companies tend to be extremely risk averse. buying one money losing device company before they've even closed the other money losing device company is something ordinarily not done by conservative blue chip companies. buying one money loser when you're a money maker is already a supreme test of shareholder patience. the shareholder reaction to msft buying money loser nokia should inform management on shareholder reaction to msft buying bbry.

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the shareholder reaction to msft buying money loser nokia should inform management on shareholder reaction to msft buying bbry.

 

That assumes mgmt actually cares about its shareholders. And since we have determined that MSFT shareholders do not actually "own" Microsoft, I don't see why mgmt wouldn't go ahead and consolidate 6% of the global smartphone market  8)

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Guest wellmont

the shareholder reaction to msft buying money loser nokia should inform management on shareholder reaction to msft buying bbry.

 

That assumes mgmt actually cares about its shareholders. And since we have determined that MSFT shareholders do not actually "own" Microsoft, I don't see why mgmt wouldn't go ahead and consolidate 6% of the global smartphone market  8)

 

for one bbry share is less than 6% globally (on a run rate basis) and falling rapidly. consensus is that the device business will be shut down at a cost to shareholders. so that market share is going to be up for grabs anyway. no need to buy bbry. msft is simply going to go in and take share from a comatose bbry in every category they compete.

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Guest wellmont

for one bbry share is less than 6% globally

 

I meant 3% Nokia + 3% Blackberry, as per a recent Jefferies note highlighting why the Nokia purchase means MSFT is now more likely to buy BBRY.

 

keep in mind that jefferies is the resident wall street permabull on bbry. strong, long, and wrong. they were bullish on bb10 and thought that product line would propel bbry to #3 slot in global market share. he was 100% wrong. with all due respect, what good is buying 3% market share of a system that will need to be shut down?  that 3% is going up in smoke. it's going to zero. therefore buying it would not produce 6% share for msft. jeffereries has been so permanently wrong on this stock they are looking for anything positive to grasp on to. he is simply concocting a "story". nokia made sense because they were building MS OS phones already. I could see msft buying some of the pieces out of bbry. but we don't yet know if bbry is going to liquidate in that manner, or whether they can sell the entire business as a single entity.

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I like the repurchase and the dividend increase.

 

I like the Nokia hardware going in-house. Will pay back in dividends for years to come as their products will be considered first rate in design. I'd like to see Nokia work on the next Surface, the phones, the laptops and hybrids. Imagine them building a full line of computers from Microsoft itself using Nokia engineers. I think its really cool.

 

Then again I'm their demographic for future mobile products and I happen to like Microsoft's modern UI over the competition.

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Guest longinvestor

I like the repurchase and the dividend increase.

 

I like the Nokia hardware going in-house. Will pay back in dividends for years to come as their products will be considered first rate in design. I'd like to see Nokia work on the next Surface, the phones, the laptops and hybrids. Imagine them building a full line of computers from Microsoft itself using Nokia engineers. I think its really cool.

 

Then again I'm their demographic for future mobile products and I happen to like Microsoft's modern UI over the competition.

 

 

+1. Phones will go the way of computers, hardware will be written in post-script and in a converged world of devices, Softy will have their place.

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