Microsoft (MSFT) Could Conduct 'Major' Company Restructuring
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Price: $416.67 -2.66%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: +14.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: +14.7%
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Microsoft (Nasdaq: MSFT) shares are lower in early trading Monday following reports that the company might be considering a major restructuring.
AllThingsD said Microsoft CEO Steve Ballmer is working on an overhaul to transform the company into more of a "devices and services" outfit. Plans are still very preliminary and may come under significant changes as the path is finalized.
Microsoft will aim to play a bigger devices role in the consumer and enterprise space with a simplified management structure.
Whether or not Microsoft's flagship Windows product will play more of a background role is still unclear.
Some analysts have speculated that Microsoft might sell its Xbox and Bing units, focusing more on cloud computing while enhancing shareholder value.
Having just touched another 52-week high at $35.28 last Friday, Microsoft is down about 0.1 percent.
AllThingsD said Microsoft CEO Steve Ballmer is working on an overhaul to transform the company into more of a "devices and services" outfit. Plans are still very preliminary and may come under significant changes as the path is finalized.
Microsoft will aim to play a bigger devices role in the consumer and enterprise space with a simplified management structure.
Whether or not Microsoft's flagship Windows product will play more of a background role is still unclear.
Some analysts have speculated that Microsoft might sell its Xbox and Bing units, focusing more on cloud computing while enhancing shareholder value.
Having just touched another 52-week high at $35.28 last Friday, Microsoft is down about 0.1 percent.
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