Friday, June 14, 2002

Poof Goes a Decade of Microsoft Profit: When stock options are treated as a wage expense, Microsoft's earnings history will need to be radically restated. Actual net profit would be flat or decreasing through most of the past decade. Financial analysis by Bill Parish estimates a stunning 65 percent of Microsoft's cash did not originate from product sales but rather from tax benefits associated with the exercise of stock options, employees prepaying their own wages, and the sale of put contracts on its own stock. [John Robb's Radio Weblog] 2:35:11 PM

New Microsoft Windows Virus attacks media files: Antivirus companies warn of a virus that communicates by pictures. This virus -- like the vast majority of computer viruses -- targets Windows computers and is no threat to Macintosh users, experts say. [CNET News via Mac Net Journal] 12:44:39 PM

Microsoft Accidentally Distributes Virus: The software giant's Korean-language version of Visual Studio .Net carries the virulent Nimda computer virus to Asia. [CNET News.com] 12:27:47 PM

It's Official - Macs Are Better Value Than Windows PCs: New research explodes the myth that Macintosh computers are more expensive than PCs to buy and run. Research analysts at Gartner found Macs are up to 36 per cent more cost-effective than competing Windows products. [Macworld UK via My Apple Menu] 12:08:58 PM

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