Comment on "Microslop" trends in backlash to Microsoft's AI obsession
BeardedGingerWonder@feddit.uk 4 days agoAre you being serious?
Have a look at the MSFT share price in 2014 when he took over ~$45/share and now ~$470/share - of course investors love him, he’s 10x their investments since he was appointed.
bearboiblake@pawb.social 3 days ago
Share price and profit are two very different beasts and only really have a loose connection to one another. Plenty of companies lose money left and right but still have high share prices.
The share price is just what the stock market feels a company is worth. It’s almost 100% vibe-based.
BeardedGingerWonder@feddit.uk 3 days ago
I’m not sure what your point is, the investors care about the stock price because that’s their money in/money out. Lower profit could be fine if they’re, say, investing 150Bn/yr into a new venture that stands to be profitable in the future (may even drive the stock price up). It’s vibes based to a degree, quite a bit of analysis goes into a company’s performance as well.
FWIW their gross profit is also up more than 3x in the same time frame.
bearboiblake@pawb.social 3 days ago
My only point is that share price and profit are not necessarily correlated, people mix them up all the time, so I try to correct that when I see it. I’m not disagreeing with your overall point - I would agree that most investors only care about the share price.
BeardedGingerWonder@feddit.uk 3 days ago
Yeah, I should’ve been more clear in my original post - I was trying to convey why investors would like him and just ignored the profit bit.