Stock price going up is not the success criterion for a business. Making money is. And Microsoft's decisions are undermining their ability to make money in the future, which makes them bad decisions even if the stock price has gone up or if they make more money in the short term.
> Stock price going up is not the success criterion for a business. Making money is.
Microsoft’s net income is up roughly 5.4x from ~$22B in 2014 to $119B today. Profit margin also expanded, from ~25% net margins in 2014 to over 36% today.
If the market agreed, the stock wouldn’t go up.