I haven't daily-driven Windows in over 2 decades, so I'm not here to defend MSFT.
However, their
net profit in FY2025 was over
$100B. The biggest contributor by far is servers/Azure, and a solid #2 is Office. Most guest servers on Azure are running Linux, so in a way their success under Satya Nadella has been from embracing open source. It's not like the old days when they tried to bury the competition, by hook or crook.
Client Windows is about 10% of their business and shrinking.
This doesn't preclude MS becoming the next IBM, and who knows what happens with OpenAI in the future. But my main point is that Microsoft's success isn't dependent on how shitty we think Win11 (or 12+) is.
Although I'm generally skeptical of the AI boom, the whispered revenue run rates of Anthropic and OpenAI are actually staggering (mid $20B annually).
The timing is starting to crystallize for a trio of mega-IPOs, and for those hoping to get some liquidity out of other AI companies going public, there may not be enough investor appetite to go around this year.
www.reuters.com
Suffice to say, Intel in 2025 pre-bailout was in a significantly worse position than any reasonable expectations of Micro
slop. They have a few cash cows that are extremely hard to slaughter and unless they decide to hire Ballmer back as CEO, they'll be fine.