With the price of Apple stock having increased from $78 per share to almost $128 per share in the last year (for a gain of 64% in share price along, plus you would have to include the four dividends), it is easy to understand why Microsoft has gotten much less attention. In fact, it is almost impossible to discuss Microsoft stock in its own right without the relatively superior performance of Apple coming up in conversation. I’m not going to do that today because everyone knows Apple’s growth has been superior. Instead, I’ll tell you what I see when I study Microsoft: a company that mints cash.
Even as the company tries to spend its cash by acquiring things like Nokia phones and X-Box, and pay out $10.1 billion in annual dividends to shareholders each year, the cash hoard continues to grow. Microsoft had $77 billion in cash in … Read the rest of this article!