Goldman Sacs reported Rick Sherlund, an analyst saying, â€œPCs are a mature market in the enterprise space and in gradual decline. In the consumer space half the market does not need Office, so they donâ€™t need Windows and donâ€™t need Microsoft.â€
Hey! That’s what I’ve been saying for 6 years. I guess I was a bit ahead of the high-rollers being at that time a computer teacher in the bush of northern Canada. On 2007-08-7, MSFT closed at $29.55. On 2013-04-12, MSFT closed at $28.79, pretty well dead in the water. Watch as the next quarterly report comes due.