Archive for May, 2008
Disney Reports Q2 Results – Blu-Ray Modest; Disney Parks Traffic Increases
Too bad for blu-ray; they won the battle against HD-DVD and lost the format war. Disney released its quarterly report today. The analyst question session offered an interesting perspective on the stumbling blu-ray marketplace. Bob Iger described Blu-Ray players as too expensive, which is an obstacle to adoption of the new HD format. He also [...]
What Was Ballmer Thinking . . ?
Just prior to withdrawing its unsolicited offer to buy Yahoo, Steve Ballmer held a “Microsoft Town Meeting” at which he discussed the rationale for the attempted acquisition. Comments are in red – the rest are quotations from an SEC filing found here. STEVE BALLMER: Yeah, anybody live got a question, fine, I’m going to take [...]
Jerry Yang’s Memo to Yahoo Staff
Jerry Yang sent an e-mail to Yahoo! staff on Microsoft’s withdrawal of its unsolicited offer to purchase Yahoo. In the e-mail he implicitly confirmed that some shareholders supported the management’s and board’s strategy to resist the Microsoft offer at the price point put on the table. Yang also reiterated that the scrutiny will continue. One [...]
Microsoft to Yahoo! – Ummm….Nevermind
The New York Times is reporting that Microsoft has withdrawn its bid for Yahoo! Just as well. Microsoft has poured billions into its webportal and search tools only to be a floundering third. In typical Microsoft fashion, it determined it would merely buy what it cannot do on its own. What a boneheaded idea. The [...]
