Microsoft (MSFT) remains a confounding stock for an investor with a value inclination. While the stock looks undervalued even on the assumption of 5% free cash flow declines for a decade, the company clearly as a long way to go to catch up to rivals like Apple (AAPL) and Google (GOOG) in markets like mobile, consumer, and online. Likewise, while Microsoft is stronger in enterprise than the Street seems to think, the company needs to show stronger operating leverage.
Continue reading here:
Microsoft's Battles - Value Versus Operating Leverage, Enterprise Versus Consumer