Well, starting with a position of strength everywhere but search, they've been losing a billion dollars or more a year. They just had to spend $8.5B buying Sky

Well, starting with a position of strength everywhere but search, they've been losing a billion dollars or more a year. They just had to spend $8.5B buying Skype in a market that Messenger should have owned. Microsoft doesn't even have a social network offering. Google's lead in search has continued to grow. I said at the time that focusing primarily on search was the wrong call. It sure seems to me like results since then have proven me right.