Microsoft CFO calls for 'intensity' in an internal memo, after blowout earnings
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cross-posted from: https://lemmy.world/post/33767928
Capitalism is collapsing under the weight of record profits and additional billionaires.
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- cloud services exceeded $75 billion
- Office productivity software and LinkedIn, delivered $33.11 billion in revenue
- Personal Computing unit, which encompasses Windows, search advertising, devices and video games, totaled $13.45 billion
Writing is on the wall. Xbox and Windows made money, but a fraction of what Office and enterprise services made.
That is how it has been for a long time at Microsoft. They know Enterprise is where the money is, it hasn't stopped them from trying to venture out into other areas tho.
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- cloud services exceeded $75 billion
- Office productivity software and LinkedIn, delivered $33.11 billion in revenue
- Personal Computing unit, which encompasses Windows, search advertising, devices and video games, totaled $13.45 billion
Writing is on the wall. Xbox and Windows made money, but a fraction of what Office and enterprise services made.
Vertical integration. Windows underpins Office, and even cloud services.
Xbox though, they've already pretty much written its epitaph.
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cross-posted from: https://lemmy.world/post/33767928
"We're entering FY26 with clear priorities in security, quality, and AI transformation, building on our momentum and grounded in our mission and growth-mindset culture," Hood wrote, mentioning Nadella's email. "Both the pace of change and customer expectations are continuously accelerating."
Hood's email, notably, didn't mention Microsoft's recent workforce cuts, which have exceeded 10,000 this year even as profit swells. Nadella's email last week attempted to explain this "seeming incongruence" as the "enigma of success." Some employees weren't satisfied with the explanation.
These people get paid so much for spouting this utter bullshit every day. I hope they have moments when they realize the hollowness of what they do.
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cross-posted from: https://lemmy.world/post/33767928
At what point will we look at these numbers with skepticism? When not one worker is left who can afford their services nor one customer left who wants anything to do with their utterly shit "products" - but they still blow out the quarter with 100 billion? At what point will society recognize that this money can't possibly represent anything actually real? Will it matter if all of us starve to death and only billionaires are left if the Microsofts of the world will still be able to post 200 billion dollar "profits"?
I'm actually curious. Because I personally think that's increasingly what all this is. Fake as shit. Some combination of algorithms, cryptocurrency, dark pools and I dunno, the Illuminati I guess.
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At what point will we look at these numbers with skepticism? When not one worker is left who can afford their services nor one customer left who wants anything to do with their utterly shit "products" - but they still blow out the quarter with 100 billion? At what point will society recognize that this money can't possibly represent anything actually real? Will it matter if all of us starve to death and only billionaires are left if the Microsofts of the world will still be able to post 200 billion dollar "profits"?
I'm actually curious. Because I personally think that's increasingly what all this is. Fake as shit. Some combination of algorithms, cryptocurrency, dark pools and I dunno, the Illuminati I guess.
I wouldn’t say it’s fake, it’s the money other companies steal from their workers by not paying a fair wage being given to Microsoft to burn at the pyre of ai.
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At what point will we look at these numbers with skepticism? When not one worker is left who can afford their services nor one customer left who wants anything to do with their utterly shit "products" - but they still blow out the quarter with 100 billion? At what point will society recognize that this money can't possibly represent anything actually real? Will it matter if all of us starve to death and only billionaires are left if the Microsofts of the world will still be able to post 200 billion dollar "profits"?
I'm actually curious. Because I personally think that's increasingly what all this is. Fake as shit. Some combination of algorithms, cryptocurrency, dark pools and I dunno, the Illuminati I guess.
Big companies are subject to constant audits. You, too, can check their balance sheets that are released and scrutinize the numbers.
While you may personally dislike MS products, most of the world's businesses and governments run on them. That's licensing money every month without fail. They can literally charge whatever they want because companies with staff want Office and Windows Server backend.
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I wouldn’t say it’s fake, it’s the money other companies steal from their workers by not paying a fair wage being given to Microsoft to burn at the pyre of ai.
I mean, I don't disagree that that's historically what it's been. But increasingly, it seems like record profits just keep going through the roof no matter what. And record stock market numbers. And record everything. Nothing goes down, not substantially. Negative news seems to have no (net) effect anymore.
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That is how it has been for a long time at Microsoft. They know Enterprise is where the money is, it hasn't stopped them from trying to venture out into other areas tho.
They stopped venturing a long time ago. Microsoft should’ve been split up. Then maybe some of their consumer products would’ve survived and thrived. Even Windows OS seems like an afterthought these days.
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At what point will we look at these numbers with skepticism? When not one worker is left who can afford their services nor one customer left who wants anything to do with their utterly shit "products" - but they still blow out the quarter with 100 billion? At what point will society recognize that this money can't possibly represent anything actually real? Will it matter if all of us starve to death and only billionaires are left if the Microsofts of the world will still be able to post 200 billion dollar "profits"?
I'm actually curious. Because I personally think that's increasingly what all this is. Fake as shit. Some combination of algorithms, cryptocurrency, dark pools and I dunno, the Illuminati I guess.
The money is real. Perhaps you don't work somewhere that pays to use Microsoft Enterprise services, but there are many and a lot are huge. Those companies build and/or do tangible things that others or consumers buy.
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I mean, I don't disagree that that's historically what it's been. But increasingly, it seems like record profits just keep going through the roof no matter what. And record stock market numbers. And record everything. Nothing goes down, not substantially. Negative news seems to have no (net) effect anymore.
In theory the line should go up, population increases, technology allows us to become more efficient, inflation etc. That said what’s going down is at least the standard of living, employment, adjusted wages. Personally I’d put money on the AI bubble popping and crashing the market eventually but who knows how long that’ll take
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"We're entering FY26 with clear priorities in security, quality, and AI transformation, building on our momentum and grounded in our mission and growth-mindset culture," Hood wrote, mentioning Nadella's email. "Both the pace of change and customer expectations are continuously accelerating."
Hood's email, notably, didn't mention Microsoft's recent workforce cuts, which have exceeded 10,000 this year even as profit swells. Nadella's email last week attempted to explain this "seeming incongruence" as the "enigma of success." Some employees weren't satisfied with the explanation.
These people get paid so much for spouting this utter bullshit every day. I hope they have moments when they realize the hollowness of what they do.
Agreed. What even the fuck is that string of complete nonsense? These C-suite dipshits say it so much, someone is eating it up.
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At what point will we look at these numbers with skepticism? When not one worker is left who can afford their services nor one customer left who wants anything to do with their utterly shit "products" - but they still blow out the quarter with 100 billion? At what point will society recognize that this money can't possibly represent anything actually real? Will it matter if all of us starve to death and only billionaires are left if the Microsofts of the world will still be able to post 200 billion dollar "profits"?
I'm actually curious. Because I personally think that's increasingly what all this is. Fake as shit. Some combination of algorithms, cryptocurrency, dark pools and I dunno, the Illuminati I guess.
Business contracts and licenses are MS's bread and butter. They don't give a shit about individuals, they know we pirate Windows, and they don't care. But if a business pirates Windows....
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Agreed. What even the fuck is that string of complete nonsense? These C-suite dipshits say it so much, someone is eating it up.
The "someone" is the investors, or generally speaking, the market.
Major CEOs can't say they're taking a financial hit, for whatever reason. This is why I like working for small companies, and most Americans work for small businesses.
Last company: CEO announced to the board that he intended to lose money in order to build staff and products. Yes, he even included tech debt. The board applauded him.
Meh, we fucked around and still made a profit, so he gave the board the same report the following year, same results. We fucked around a made a profit. Again.
tl;dr: Don't mistake all CEOs for the bullshit you hear from Nadella and Musk and the like. Remember; You only hear crazy talk reported, because it's crazy talk.
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Agreed. What even the fuck is that string of complete nonsense? These C-suite dipshits say it so much, someone is eating it up.
They're trying to tell their "stakeholders", employees, customer, shareholders, what to believe, what to think that's the bullshit dazzle spell to preserve your suspension of disbelief just a little longer.
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They stopped venturing a long time ago. Microsoft should’ve been split up. Then maybe some of their consumer products would’ve survived and thrived. Even Windows OS seems like an afterthought these days.
I dunno. MS has become such a behemoth that us home users suffer nothing these days. Apparently they can pay enough, and enough workers, to keep consumer Windows alive. Why kill the golden goose? As to Office, that requires the bigger goose to run on top of.
Always an unpopular take around here, but I don't have 1/20th the issues lemmy tells me I should be enduring under Windows 11. No telling how old my install is. Started with Win10, years and years ago, swapped SSDs a time or two. Only reason I reboot is when the power blinks. (need a new UPS battery)
This from a guy that reinstalled Windows weekly in the 90s. Meh. Works fine now.
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They're trying to tell their "stakeholders", employees, customer, shareholders, what to believe, what to think that's the bullshit dazzle spell to preserve your suspension of disbelief just a little longer.
That's the thing though. If I as an employee heard the CEO spout this crap, I would laugh at them. It's ridiculous. Use real sentences with real meanings.
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That's the thing though. If I as an employee heard the CEO spout this crap, I would laugh at them. It's ridiculous. Use real sentences with real meanings.
That's why they're at the podium and expect peer pressure to keep everyone quiet until they can retreat back into their lair
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The "someone" is the investors, or generally speaking, the market.
Major CEOs can't say they're taking a financial hit, for whatever reason. This is why I like working for small companies, and most Americans work for small businesses.
Last company: CEO announced to the board that he intended to lose money in order to build staff and products. Yes, he even included tech debt. The board applauded him.
Meh, we fucked around and still made a profit, so he gave the board the same report the following year, same results. We fucked around a made a profit. Again.
tl;dr: Don't mistake all CEOs for the bullshit you hear from Nadella and Musk and the like. Remember; You only hear crazy talk reported, because it's crazy talk.
I would say Nadella is the biggest bullshitter of them all. I don't think I've heard him speak a single non-bullshit sentence.
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I mean, I don't disagree that that's historically what it's been. But increasingly, it seems like record profits just keep going through the roof no matter what. And record stock market numbers. And record everything. Nothing goes down, not substantially. Negative news seems to have no (net) effect anymore.
It's because they're concentrating all the wealth. The wealth in the US used to be far more distributed, with the majority existing in the large middle class. Reagan started the policy by Republicans to pass laws and regulations designed to benefit the wealthy at the expense of everyone else, and then Clinton got the Democrats on board with the same strategy. We're approaching the end game now where the middle and lower classes are nearly bled dry and the rich will start cannibalizing each other to be the last fattest rat in the garbage pile while the entire US economy collapses around them. Be on the lookout for the smarter rats to start fleeing the ship by transferring as much wealth as they can into foreign assets that will survive the collapse of America.
