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  • Business news and markets: as it happened - May 20, 2013

    Microsoft Gains Powerful Windragon Ally

    Wed, 03/07/2012 - 05:39 EDT - Seeking Alpha
    • INTC
    • Joel West
    • MSFT
    • QCOM

    By Joel West: Once the co-owner of the powerful “Wintel” monpoly, in the past decade, Microsoft (MSFT) has been suffering an increasing slide towards irrelevance. The onetime brash PC pioneer has looked more and more like a legacy software company protecting an installed base. Nowhere is this trend more painful than in the mobile world. Since 2006, it has never held more than 15% of the global smartphone market and in fact — under the twin onslaught of iPhone and Android — its market share has been in a freefall, giving up more than three-fourths of that share. To add insult to injury, 2011 was the year when more smartphones shipped than PCs, a trend that’s only going in one direction. To save its mobile strategy, Microsoft’s put all its money on its Nokia alliance in hopes that would save Windows Phone 7 from the same ignominy as its predecessors. Given that Nokia’sComplete Story »

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