Fortune – Struggle? You don’t normally think of that word applying to the company Bill Gates founded. But there it is: Microsoft, one of the most aggressively competitive, brainiac-attracting, technologically superior, and oh, yes, cash-gushingly profitable companies of all time, can’t for the life of it make a dime on the Internet.
It’s not as if earning money on the web is such a remarkable feat. Everyone knows that Google (GOOG, Fortune 500) remains the company of online advertising, generating operating profits of $1.7 billion last quarter on revenues of $5.5 billion. Yet even industry doormats Yahoo (YHOO, Fortune 500) and AOL are profitable.
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