Today Microsoft was downgraded by Wall Street analyst. The following are some concerns expressed by the analyst:
--Microsoft's problems were "not just a this-year issue," Microsoft is yet to capture the market in smartphones and tablet computers.
--Microsoft is expected to launch its Windows Phone 7 software on October 11, but investors are skeptical that it can claw back lost market share. The analyst simply doesn't see the momentum currently, since Apple or Google's mobile phones have pretty much occupied the market.
--Microsoft being the world's biggest software company, still powers more than 90% of the world's computers. But it risks losing its dominance if more people move to non-Windows tablets and smart phones. This is the biggest concern.
What this translates to employment and jobs with Microsoft could be, the company might re-org to be more focused in its core competency, meanwhile cut spending on non-core businesses (such as gaming).