Techweb: AOL Causes Microsoft To Lose Sleep | Linux Today

Techweb: AOL Causes Microsoft To Lose Sleep

Written By
Web Webster
Web Webster
Jul 24, 2000

Among the top 10 problems keeping Microsoft president and
CEO Steve Ballmer awake at night are slowing corporate growth,
Linux, and the Department of Justice’s antitrust case. But
Microsoft’s No. 1 nightmare these days is America Online, according
to Ballmer.

“AOL is our most serious competitor as a face to the consumer,”
Ballmer said during an interview with CRN, noting that the popular
online services company tops the list of his worries these days.
“We’ve got to really make progress.”

“The urgency is in the numbers. Last week, Microsoft reported
nearly $23 billion in revenue and a 16 percent profit growth for
fiscal 2000, ended June 30. However, financial analysts are taking
note of the meager single-digit earnings growth in the fourth
quarter because of lower than expected numbers for Microsoft’s
bread-and-butter products, Windows 2000 and Office 2000
desktops.”

“The forecast for Windows 2000 and Office 2000 desktopsthrough
next June is not much better….”

Complete
Story

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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