WTF are they going to sell? They don't even have a retail website.
Everytime I think it might be worth throwing some of this in my portfolio, I am reminded that Balmer is a completely unqualified idiot. MSFT is dead money until that GD clown is gone.
First Yahoo. And now this. Unfuckingbelieveable.
Blah...I dunno about this.
Apple's mall heaven has started to show weakness recently along with what has happened to Circuit City.
While the Apple stores may always appear full, you have to wonder how many people are using them as a free internet cafe. The recent blocking of Facebook (MySpace was already blocked) shows that Apple has concerns about people 'abusing' their stores. This along with the fact that they are in malls and other expensive locations may be hurting their bottom line. However, these stores are very good publicity for them.
Circuit city was an example of the retail park model. I think this may be a better model and that Circuit City failed due to poor management and dingy stores. I feel that there is room in this sector to challenge BestBuy.
It will be interesting to see what happens here, is it just a fickle marketing scheme by Microsoft or a serious attempt at retailing?
I sold half of my MSFT and with the STORES??? coming, I think it might be a good reason to sell the rest. STORES!!! STUPID!!!
Like others said, come up with a product that people can get excited about and do it right!
I agree about Balmer. Was in the right place at the right time many years ago. HOWEVER, demise of Circuit City does not mean demise of consumer electronics. In fact recession may mean great locations are available at great lease terms. Cash is king when times are tough. If MSFT is smart enough to negotiate good terms - this may be a chance to step into retail void left by Circuit City departure. Now - if they could just get their hardware (Zune, X-Box etc.) into the same league as Apple, Wii, etc. this could be big. I like it better than Yahoo deal. But boy those Apple stores are busy. Big target to aim for.