Microsoft and Dell Partner with US Air Force, Google Shares Slide
Microsoft Corp. and Dell Inc. announced a $500 million deal with the US Air Force, providing software and services over six years. Meanwhile, Google Inc.'s shares slipped nearly 3% after the company warned of a slowdown in fourth-quarter revenue growth.
Key Takeaways:
- Microsoft Corp. and Dell Inc. will supply software and services to the US Air Force in a deal valued at more than $500 million over six years.
- The partnership aims to provide technology solutions to support the Air Force's operations and modernization efforts.
- Google Inc. warned that its fourth-quarter revenue growth rate is likely to slow from previous quarters, leading to a 3% decline in its shares.
- SoftNet Technology's wholesale platform, WholesaleByUs, LLC, generated record one-day sales in just 17 days of the month, exceeding the company's previous 30-day sales record.
- WholesaleByUs has already generated more revenue in any one quarter than in the same quarter last year, with 43 days remaining in the period.
Statistics:
- $500 million: The value of the deal between Microsoft, Dell, and the US Air Force.
- 6 years: The duration of the agreement.
- 3%: The decline in Google's shares following the company's revenue growth warning.
- 17 days: The time it took WholesaleByUs to generate record one-day sales, exceeding the previous 30-day sales record.
- 43 days: The remaining time in the quarter for WholesaleByUs to generate more revenue.
Sources:
- M2 PressWIRE: "Microsoft and Dell supplier Air Force and Google shares slip" (19 November 2004)
- Financial News USA: "Microsoft and Dell Supplier Air Force and Google Shares Slip" (19 November 2004)