Microsoft turned thousands of its employees into multimillionaires by giving them options to buy shares that rapidly increased in value. After the US government anti-trust action, however, Microsoft shares went down (followed soon after by the whole stockmarket) so this doesn't work any more: who wants the option to buy shares for more than they are worth? Microsoft now plans to give employees shares instead of options, but the cost of the shares will appear in the books, knocking a couple of billion a year off Microsoft's profits. AP explains....
Get all your news in one place.
100’s of premium titles.
One app.
Start reading
One app.
Get all your news in one place.
100’s of premium titles. One news app.
Microsoft will slash its profits
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member?
Sign in here
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Our Picks