Microsoft Misses Earnings, Cuts 5,000 Jobs

by admin January 22, 2009 at 8:16 pm

Q1 2009 for Microsoft was bad, very bad

Microsoft is hoping that the blogosphere buzz around Windows 7 will translate into a hit. It desperately needs one. Amid big competitors like Google, Apple, and IBM posting modest growth despite the slowing economy, Microsoft shows serious signs of trouble.

Windows market share has dipped beneath 90 percent for the first time in years. Internet Explorer is down into the 60s in world browser market share, falling from the high 80s in 2004. And Windows Vista, while overall a solid product, has been the blunt of much public apathy, business scorn, and press lashings. To top it off, it’s facing a fresh round of antitrust charges from the European Union.

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