4 ms·
The problem is that both Google and Microsoft have a lot of cash on hand as well. I always saw their reserves as more of a assured mutual destruction than actua
by latch 15y ago
The problem is that both Google and Microsoft have a lot of cash on hand as well. I always saw their reserves as more of a assured mutual destruction than actually being liquid.
Anything that one really wants, the others can jack up the price to stupid levels (Nortel's patent).
I think it hurts all three companies...like spending money on nuclear missiles that you'll never use rather than something els.e
- tallanvor 15y agoEach company has shown that they're willing to spend money to keep some companies away from the others. --Look at Microsoft's purchase of Skype (I'm still not sure why they really did that). The one thing that Microsoft does differently is they pay dividends, which is a very clear way of providing value to stockholders. Google has never done this, and Apple hasn't done this since 1995.
- mburns 15y agoMicrosoft bought Skype because they had an excess of European profits and, instead of taking the US tax hit by bringing that money local, they spent it in Europe, by buying Skype.