Nuance? Looks like it’s about to become Nuisance amirite?
comedy gold my guy, I am ROFLing on the floor, laughing
What happened to the limitations in market monopolization? I remember a time were companies were avoiding it to don’t get legal issues. Now Microsoft is literally buying all it can (and obviously destroying it after)
in an all-cash transaction valued at $19.7 billion
for anyone wondering, that’s almost 200 tons of $100 bills 😳
How much is that in crypto?
One 32GB stick, so 10 grams maybe.
What’s a P/E ratio on a 2T shitbag company look like these days?
Microsoft’s stock hit an all-time high on Friday, as it approaches $2 trillion in market value.
msft market cap roughly equals the gdp of Italy.
FYI, that’s a bit of an apples-to-oranges comparison. GDP is measured in annual income, whereas market cap is a risk-adjusted present value discount of ALL expected future income. Market cap is more analogous to the value of an asset if you wanted to make the comparison. Alternatively, Microsoft last year had 143 billion USD in earnings, that would be the right comparison to Italy’s GDP.
Right now you are paying for 35 years of earnings during which time they’ll net the gdp of italy plus or minus whatever they grow by. If this wasn’t money printing clown world, you would have to rationalise your investment by assuming that they will grow their market cap to be about twice the gdp of japan of in the next 5 - 10 years. But owning an asset like msft which generates a ton of cash and is growing earnings makes sense if you expect the dollar to eat a shit sandwich.
p.s. they had annual net income for 2020 was $44.281B on revenue of 143B
A follow-up from VentureBeat with some implications on this deal:
“Nuance provides the AI layer at the health care point of delivery and is a pioneer in the real world application of enterprise AI”
“AI is technology s most important priority and health care is its most urgent application”
“The acquisition will double Microsoft s total addressable market TAM in the health care provider space bringing the company s TAM in health care to nearly 500 billion”
“Beyond health care Nuance provides AI expertise and customer engagement solutions across Interactive Voice Response IVR virtual assistants and digital and biometric solutions to companies around the world across all industries”
VentureBeat: Why Microsoft’s new AI acquisition is a big deal
Nuance? Why did they grab the offline voice recognition software pioneer?
They want to step up their voice recognition game it sounds like
Thus proving Cortana was always bad
