Today’s headline on yahoo news: “Microsoft will soon unveil free anti-virus software“.
Immediate Market Impact: Symantetc shares fell 0.5 percent on Nasdaq and McAfee fell 1.3 percent on the New York Stock Exchange, while Microsoft was up 2.1 percent. The Nasdaq composite index was down 0.47 percent.
Investors Reaction: Investors are closely monitoring the free service, code-named Morro after Brazil’s Morro de Sao Paolo beach, amid concern it could hurt sales of products from Symantec and McAfee, which generate billions of dollars of revenue a year protecting Windows PCs from attacks by hackers.
Competitors Reaction: Officials with Symantec and McAfee have said they do not see Morro as a threat.
Analyst Reaction: “It’s a long-term competitive threat,” said Daniel Ives, an analyst with FBR Capital Markets, though he added that the near-term impact was minimal.
Is Microsoft attempting to challenge commercial antivirus makers just like OpenOffice.org challenged Microsoft?
Maybe microsoft is planning to make morro an integral part of its OS for future sales strategy. The reason behind comment is below:
The reason that today’s computers and today’s computer networks are so easily infected stems back to a decision made at Microsoft, for marketing reasons.
In other words, we’re all being screwed by Microsoft Marketing. Let me explain. Read full story….
Source: Yahoo news and bnet.com