Feeds

Microsoft predicts 10-year road to online riches

Stop waving your wand at us!

The Power of One Infographic

Craig Mundie has said Microsoft is not slow in tackling new markets and that its bets will pay out in around a decade's time.

Microsoft's chief research and strategy officer has echoed comments he made last week that it took 10 years to perfect Windows to the point where it out sold MS-DOS and 10 years before Excel became the industry's best selling spreadsheet. According to Mundie, you should expect nothing less from Microsoft's recent investments in search and online services, and put the whole idea of change at "internet speed" out of your head.

"I think it's just crazy you can wave your wand overnight and some how create another company, or half of a company or quarter of a company, the size of Microsoft," Mundie told the FT.

He continued, saying you have to "separate whether the company [Microsoft] is PC-centric in its strategy and investment, or whether just PC-dominated in its revenue." That goes out to all those financial analysts who'd prefer to see money going into Microsoft's core businesses or at least have the flagship Windows product ship on time. The FT also has Mundie trying to re-assure investors by saying Microsoft has a "potential" leadership product in "every category."

In related news, entrepreneur and former Gartner analyst Vinnie Mirchandani noted Microsoft would spend less on investments in new markets than on its recent share buyback scheme. Microsoft plans to pump $2bn more than expected into new activities like internet search and advertising during fiscal 2007. Microsoft's annual R&D for the current year is now pegged at $6.2bn.

That compares to the $40bn stock buyback Microsoft announced at the end of its fourth fiscal quarter. Microsoft plans to buy $20bn through a tender offer during August and snap up the rest through a five-year share repurchase plan.®

Seven Steps to Software Security

More from The Register

next story
Whoah! How many Google Play apps want to read your texts?
Google's app permissions far too lax – security firm survey
Chrome browser has been DRAINING PC batteries for YEARS
Google is only now fixing ancient, energy-sapping bug
Do YOU work at Microsoft? Um. Are you SURE about that?
Nokia and marketing types first to get the bullet, says report
Microsoft takes on Chromebook with low-cost Windows laptops
Redmond's chief salesman: We're taking 'hard' decisions
EU dons gloves, pokes Google's deals with Android mobe makers
El Reg cops a squint at investigatory letters
Big Blue Apple: IBM to sell iPads, iPhones to enterprises
iOS/2 gear loaded with apps for big biz ... uh oh BlackBerry
OpenWRT gets native IPv6 slurping in major refresh
Also faster init and a new packages system
Google shows off new Chrome OS look
Athena springs full-grown from Chromium project's head
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.