Many observers who look at Microsoft’s (MSFT) move into server-based software think that the company will fall. Google (GOOG) already markets Google Apps which offers word processing, spreadsheet, e-mail, and presentation products. This software does not have to sit on the user’s PC. It is run from Google’s own server farms.
Microsoft’s business has always been based on loading its products onto PC and having the storage space, memory, and processing power of the machine do the work. Microsoft’s newest product match the Google Apps software and are prices about the same.
According to Reuters, "Microsoft Online Services is part of the software maker’s effort to capitalize on the shift by corporate customers to abandon their own in-house computer systems for "cloud computing," a less expensive alternative."
It would be easy to dismiss the change of heart at Microsoft, but it would be a mistake. It already has relationships with 90% of the PC users worldwide, including more corporations. Switching them to another Microsoft platform may be much easier than getting companies to adopt a new product from Google.
VMWare (VMW) told the world that Microsoft could not compete with it in the virtualizaiton software business. Based on the price of VMW stock and its revised guidance. Microsoft may be demonstrating that it can take market share in software businesses where it does not start out as the leader.
Douglas A. McIntyre
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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