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Thread: Hey did you guys see this?
05-13-2014, 02:03 PM #1
Hey did you guys see this?
I hope this isn't true since I just bought one.
On Feb. 4, Microsoft appointed 46-year-old Satya Nadella to the coveted position of CEO. The multimedia giant hopes Nadella will lead company efforts to unify practices and products across the brand’s software, services and hardware divisions. Recently, a number of Microsoft investors told the new CEO and the company's board of directors that they should cancel endeavors like the Xbox One next-gen gaming console, search engine Bing and the Surface tablet.
“Microsoft's Windows division has been facing shrinking profits; last year, the unit pulled in a net $9.5 billion, down from $11.6 billion in 2012 and $12.3 billion in 2011,” said the Washington Post. “Company filings suggest that the drop is largely attributable to declining demand for Windows among consumers, even as sales of Windows to businesses remain strong. The same division also reported a $900 million loss on unsold Surface tablets. The online services division, which oversees search engine Bing, reported a loss of $1.3 billion in 2013 -- less than the previous year but still in the red.”
Two shareholders have been pushing for the Redmond, Wash.-based conglomerate to leave behind “non-essential” product lines so Microsoft can readily focus on its primary source of income -- selling software to businesses.
Last November, CEO hopeful Stephen Elop, a former Nokia CEO, was rumored to believe the Xbox brand should be cut loose as well. Although the Xbox 360 is considered to be one of the most popular video game consoles of all time, Elop may view the brand as unprofitable. Bloomberg’s inside sources reported that Elop “would also consider selling healthy businesses such as the Xbox game console if he determined they weren’t critical to the company’s strategy.” During ex-Microsoft CEO Steve Ballmer’s last shareholder address on Nov. 19 last year, he called the Xbox brand a “reflection of what is possible when a company, our company, is united under a common vision.”
05-13-2014, 03:08 PM #2
I highly doubt they would cut it loose, since it's made xbox has made it this far and that it's so popular to a lot of people (not saying that's better than PS3/4 or anything. I'm just saying that it made it far and is still very popular).
But it would suck if they cut xbox loose, but I doubt they would even do that.
05-13-2014, 03:27 PM #3
05-13-2014, 03:50 PM #4
Down with Microsoft!
05-13-2014, 04:09 PM #5
05-14-2014, 05:21 AM #6
Maybe they are making a loss is because of just apppalingly terrible ideas like; the new windows emblem (people should be fired for that alone), windows 8, xbox one and BING. Mega facepalm.
05-14-2014, 06:26 AM #7
- Join Date
- Sep 2010
05-14-2014, 10:08 AM #8