3 ms·
If you factor in dividends the return would be something around 20% over the past 7 years. Crappy, but definitely not "flatlining". Microsoft makes twice as mu
by wonnage 15y ago
If you factor in dividends the return would be something around 20% over the past 7 years. Crappy, but definitely not "flatlining".
Microsoft makes twice as much as Oracle, pays a dividend, and yet has half the P/E multiplier. It's just not a sexy stock right now, but you can't deny the underlying profitability. Personally I think it's just that they've made some really embarrassing mistakes (Bing?). None of the failures have really dented the bottom line...they still had 8.5B lying around to buy Skype.
- alexqgb 15y agoGood point about the dividends. I didn't consider that. And you're right about spare cash and the bottom line. From what I understand, the twin cash cows provided by Windows and Office hide a LOT of sins. In that sense, Microsoft is like some hopelessly corrupt petrostate. Sure, the place is a shambles in every way imaginable, but as long as the oil keeps flowing, nothing matters enough to dislodge the ruling class.