Microsoft: Our "Goodwill" Gained Over 51 Billion Dollars in the Past Nine Months Alone, Now "Worth" as Much as All Our Physical Assets (Property and Equipment)
The makeup of a Ponzi scheme where the balance sheet has immaterial nonsense.
From www.microsoft.com/en-us/Investor/earnings/FY-2024-Q3/balance-sheets (Earnings Release FY24 Q3):
Today we learned that people inside Microsoft are pessimistic and scornful of what Microsoft claims in the ludicrous media coverage. They say "cloud" is nonsense. No kidding. They say it.
It is also being noticed that Microsoft has no physical assets (almost nothing) left, except few offices. Even offices are rented and leases are discontinued (more layoffs and shutdowns, including last week; the media ignores many of them, including layoffs at IBM last week, without due notice to those impacted).
Is Microsoft's "GOODWILL" (whatever that it; it's worse than calling every server "cloud" and every program "AI") truly an asset nearly bigger than real assets combined? What are investors actually investing in?