Thursday, January 22, 2009
In an world dominated by bad economics woes, I was looking forward to the Apple earnings call earlier this week and wasn't disappointed by the news that I knew was forthcoming.
Today, Microsoft is dumping 5,000 employees, mostly in entertainment, and this is a great thing for Microsoft. They need to get back to basics in business that is their core focus and rebuild their products else face continued decline.
Apple on the other hand has really only had one thing that I've been harping about since last fall, and thats the lack of transparency on Job's health issues. I don't care if the SEC investigates their activities here, what I think is at stake is shareholder trust. Damage to this will make any SEC finding insignificant.