1) Over 7.00 a share in cash.
2) Key: New product offerings that can compete.
3) .23 a share quarterly dividend
4) Potential for special dividend before the end of the year - they could borrow a lot of money at dirt cheap interest rates and not have to repatriate overseas cash.
5) Long-term potential to bring back cash from overseas if our government lowers tax rates.
Most recently, Microsoft reported $4.47 billion in net income for its first fiscal quarter of 2013, a 22 percent decline from the same period a year earlier, while revenue was off 8 percent. But the really telling number was in the Windows Division, with revenue of $3.24 billion, down a frightening 33 percent from the same period last year.