This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Gutless Microsoft: Set to Sell Out to Apple

NEW YORK ( TheStreet) -- Steve Ballmer and Microsoft (MSFT) illustrate everything that is wrong with an Apple (AAPL)-dominated tech space.

Using politics as an excuse, most companies refuse to spend. And, when they do, they often take half-chances.

Think about it. If you were conceiving truly great innovation (e.g., Starbucks (SBUX)) or had a clear sight on massive opportunity (e.g., Amazon.com (AMZN)), wouldn't you spend your cash to capitalize while others stagnate?

There's always a political crisis. Today's is fear over an allegedly anti-business President and the fiscal cliff. We've all been around long enough to see noise and hysteria repackaged time and again.

Don't let the spectacle weaken your investing focus.

Just as political and market chaos should not throw off your long-term investment plans, it should not stop tech from being tech. Innovating. Taking chances. Being bold.

Do you think Steve Jobs gave even one short hair off a rat's behind about all of the noise when he was set to introduce iPod, iPhone or iPad? We could have been in the middle of a world war and these products would have cut through.

That's confidence. That's a reason to get out of bed early and, as Dr. Laura loved to school us, Go take on the day!

And then there's Microsoft.

Word comes from Cult of Mac this morning that we can expect Microsoft Office for iOS in early 2013. They even have screenshots. It looks all too real.

By handing over the one real thing that differentiates Microsoft's devices from Apple's, Steve Ballmer sends the message that he has no confidence in Microsoft and no confidence in himself.

He's like the school-yard bully, taking lame verbal shots at Apple but running away when it's time to fight.

If he had faith in himself and his company's ability to create an ecosystem that could even sniff Apple's, he would keep mobile versions of Microsoft Office in house. But he's not.

And I'm hardly surprised.

At the time of publication Rocco Pendola was long AAPL April 2013 $580 calls for a short-term swing trade. He is also long shares of Starbucks.

Rocco Pendola is TheStreet's Director of Social Media. Pendola's daily contributions to TheStreet frequently appear on CNBC and at various top online properties, such as Forbes.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,156.85 +24.88 0.15%
S&P 500 2,001.57 +2.59 0.13%
NASDAQ 4,562.1890 +9.43 0.21%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs