At Least Microsoft Thinks That Microsoft Is Cheap
Eddy Elfenbein submits: Microsoft (MSFT) has announced that it’s going to sell debt this year in order to buy back its stock and pay dividends. This is a fascinating move and it shows just how unusual the current market is. Whatever you think of Microsoft and its future, the company currently generates an astounding amount of cash. According to the latest statement, MSFT has a cash balance of over $36 billion which works out to $4.22 per share. Their long-term debt is roughly $6 billion. Shareholders, not surprisingly, want some of that loot.Complete Story » seekingalpha.com |
SugarCRM Offers CRM to OEMs, and Readies Native IPhone App
SugarCRM has repackaged its open-source CRM product to make it easier for vendors to use it in white-label products. It is also working on a SugarCRM iPhone app Open source - SugarCRM - IPhone - Original equipment manufacturer - Smartphone feeds.pcworld.com |
Intel Makes WiMax Investment With South Korea's KT
Intel and KT will expand WiBro (Wireless Broadband) Internet service in South Korea and make the technology work with 10MHz WiMax. South Korea - WiBro - WiMAX - Asia - Government feeds.pcworld.com |
Google Delivers Strong Revenue, Profits in Q3
UPDATE: Google reported strong increases in profit and revenue in the third quarter, during which the company had good results in both its core and emerging businesses. feeds.pcworld.com |
Lexmark Changes Game With Genesis Inkjet Multifunction
Innovations include digital camera-based scanning and onscreen FaceBook and Twitter feeds. feeds.pcworld.com |