Momentum week for Microsoft
Seattle PI | at | by Mike
It was a week of Googlesque proportions -- marked by surprisingly strong financial results, an attention-grabbing Internet deal and a soaring share price.
But the company in question was actually Microsoft, and the developments left some Wall Street analysts, technology investors and industry pundits looking at the 32-year-old company in a new light.
Time will tell if last week's events represent a trend or a blip, but they were seen as at least temporary vindication for Steve Ballmer, Microsoft's chief executive, who has come under criticism for investing heavily in new business areas that haven't yet paid off in big profits.