Re: Can't believe that I agree with Balmer
Yeah but SO WHAT?
I don't see a shareholder revolt and demands to CASH OUT DIVIDENDS OR ELSE. So pumping everything into EC2 buildup or god-knows-what else .. why not? Shareholders are probably okay with this because they are not "buy and hold" or "need the money now for my retirement home" types but trader types with bubble-fueled rabies.
The only thing that one can conclude from Ballmer's bragging is that under his watch, Amazon would still only be selling books, but might have "made lots of money". Or not.
If Microsoft had any serious competitor (evidently not Apple) Ballmer would sing from another sheet entirely anyway.