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-- -- but first the big news here's the start button with Microsoft is back.
You think that the world was ending until this thing came back Microsoft offered a preview.
Of windows another calling it eight point one met at the build conference in San Francisco today in the company is really trying to address.
Some of the major gripes that people have with windows eight.
Will it be enough to spark liquor sales toughest during my Blackberry UBS the managing director and senior analyst has helped -- rating -- forty dollar price target on Microsoft.
In the -- quarter Vick -- -- -- -- jaguar financial an added capital chairman and Chief Executive Officer.
-- I'll get to first what did you love about today's events.
I think it's it's a simple update that addresses some of the user feedback.
On windows -- remember that the windows business is now the third biggest business it's not even.
The bulk of Microsoft's revenue there and BP and server business is actually bigger than.
In the client business so you know we think this is.
And then they needed.
Update that we don't think it's necessarily gonna change the trajectory.
Of the company.
Well will Vick that's not exactly the most bullish scenario coming from the guy who was the -- program on the spot what did you think that would let me reverse it and ask you Vick.
Is there anything that you like that make you feel better about the stock today.
For any enhancements.
Very worthwhile but the bottom line is it's never big enough in mobile computing they have to go very big.
And you know take -- -- with their windows OS which really covers multiple platforms.
Is not the way to go you have to have.
Separate LS for separate platforms.
What would you like to see Vick there that there -- I'm sure many ideas that you have for Microsoft but one of them by I found rather interesting in that as you say.
Look if you want to generate excitement it's got to be more than being it's got to be something big in the cloud or it's got to be cell -- Absolutely I think what Microsoft has to do is that -- -- break away from the windows legacy.
Asked did do a big acquisition big -- historically the emanate acquisition values and the immigration has been quite poor.
Whether it's home entertainment got to buy -- Netflix whether it's being on the cutting edge.
With that cloud -- platform behind salesforce buying Amazon for that matter.
I mean they have to do something big on the Yemeni side and at the same time sell the losers and they should get out of -- -- to agree -- that that that's that's a harsh statement there as if that they've they've really kind of fumbled everything but Microsoft has started to look better certainly the stock at 34 or not it's a forty dollar price to our target you know agreed to let access.
-- the stock's been a -- of -- performer we've been bullish because there's been a multiple re re.
Wall Street thinks this is a PC play it's not exactly PC -- I -- that -- they haven't captured.
The attention of the consumer market -- -- but that the bulk of the company is enterprise when you look at that business it's highly recurring.
Right three year contracts that recur every single year -- and get the money up front.
So I think investors have looked at the wrong thing and that's they're looking just at the consumer business.
When the bulk of their businesses enterprise and he's -- -- -- -- turn their services off.
So I certainly agree that they've got issues and they've got to -- but I I think that again.
It's been undervalued and I think it's certainly gotten -- -- now the question is you know we can get the 330 in earnings you put a twelve multiple only twelve.
Any of the forty dollars there's a lot of consumer product companies are trading at eighteen to twenty times earnings so Microsoft doesn't even have to get a big multiple re re.
But at Indiana I don't disagree with your your other guest I think they've got some track -- the dramatic news that they they should be made -- And the -- the dividends about two point 8% -- It's to keep it goes up every year goes up every year -- run your economy here's a little bit more -- -- feel that the the dividend might be thin in the.
Well I I think the whole problem with Microsoft is Microsoft itself has skinny it's not going big on emanate.
Asked to go big on the cloud has to go big and mobile computing on the dizzy the daily should be a dollar twenty in my humble view thirty cents a quarter.
To get a better yield and the other aspect is that they should be.
Buying back a lot more stock 3.4 billion shares -- they should take.
Two point one billion shares -- the marketplace over a five year period -- 420 million shares a year they spend seventy billion.
You make that statement and you increase your dividend.
-- -- new company.
But all -- all finally asked this -- Brent is this but that announcement today with everything from as we said to start button is back.
They're going to be looking at all kinds of things there's the boot operation to start -- by the way takes you immediately to the menu.
Although they don't bring back the menu -- -- I just wonder how he -- -- are you.
These -- user.
Interface make covers right at it today was not a big deal on my opinion.
I think the bigger thing that they've all are on the course and it hit this was is new to the -- moved to -- -- I think that they're making.
This they had a much bigger and initiative and I think they're on the right track they are they are they there yet -- I think a lot of work to do that.
What one must question it I know your pick up Blackberry guy you've been been a real agitator there of what what's happening now -- they finally sell themselves to someone what's happening.
Well I'd love Blackberry where holder a Blackberry or my Blackberry to be sold to Microsoft but.
You know I'd like to come back to what Brad said and that is I agree with his focus on enterprise and services that is he's absolutely right that is a big area for.
Microsoft and if Microsoft doesn't buy Blackberry -- -- by somebody to get bigger in the cloud.
Okay you heard from Vick here great to see Brent as well perhaps -- UBS managing director senior analyst -- that help warning jaguar financial.
We will be.
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