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---- Microsoft To Acquire Skype For $8.5 Billion


weeks - 1:08 pm on May 11, 2011 (gmt 0)


Microsoft remains hugely profitable today, but increasingly irrelevant. Their purchase of Skype is an attempt to grab some relevance. They are the rich, uncool fat kid at school, trying desperately to buy their way into some popularity. On a spectrum of relevance, where would you place MSFT: Are they closer to Google or Apple or Facebook or Twitter, or are they more comparable to the Maytag repairman of the tech world?...
...Microsoft has missed just about every major trend in computing over the past decade. ...
And now comes their ill advised, wildly over-priced, $8.6 billion purchase of Skype. It is their attempt to buy their way into the Smart Phones, yet another innovation they missed. It is their attempt once again to purchase relevancy....
The rich fat kid just wants to be cool.
[ritholtz.com...]

I would only edit this to say "the rich, lazy, fat kid who wants to be cool."


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