• floofloof@lemmy.ca
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    29 days ago

    “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.

  • reddig33@lemmy.world
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    29 days ago
    • 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.

    • RickRussell_CA@lemmy.world
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      29 days ago

      Vertical integration. Windows underpins Office, and even cloud services.

      Xbox though, they’ve already pretty much written its epitaph.

      • Ugurcan@lemmy.world
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        29 days ago

        Xbox should’ve been the prestige product for Microsoft (just like Logic/Final Cut for Apple) but Xbox itself depleted any prestige it ever accumulated over the last few years.

      • jordanlund@lemmy.world
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        29 days ago

        Xbox is actively being dropped from Target and Walmart, but it doesn’t help that the push is for digital games with no physical presence in stores.

  • jordanlund@lemmy.world
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    29 days ago

    Publicly traded companies have to continually make more money than they did last month, last quarter, same time last year.

    Failing to do so means they are somehow “losing” money that is “rightfully owed” to them and the stock market punishes them.

    It doesn’t matter if you’re profitable or not, so long as you’re continually making more money.

    • vithigar@lemmy.ca
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      29 days ago

      It goes a layer further than that even. If the rate at which that growth is happening isn’t itself growing then investors start getting nervous.

  • Supervisor194@lemmy.world
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    29 days ago

    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.

  • etherphon@lemmy.world
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    29 days ago

    These people are fucking insane, Greed is a sickness and with Trump in the white house the disease is absolutely flourishing.

  • panda_abyss@lemmy.ca
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    29 days ago

    God I can’t wait to get out of the grind.

    I’m over halfway to freedom, I really want FIRE so I never have to deal with this corporate bullshit again.

  • Bennyboybumberchums@lemmy.world
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    28 days ago

    You know, Im not certain, but I think the job of being a cunty CFO could be done by AI… Are you listening Microshaft?