Ouch
Okay, I've written my share of stupid things in six and a half years, and I have, on occasion, gotten something backwards.This time, though, has to be a record.
I was going on the currency spiel about how the sharp decline in the value of the U.S. dollar was going to hurt Microsoft. That would be true--if they were a net importer. But, of course, they're not. They're a huge net exporter, which means a weak dollar helps them, not hurt them.
Thanks to Colin Symons, who cheerfully pointed this out. And no thanks to myself, who should now be forced to wear a Wrong Way Corrigan t-shirt for several weeks.
I'm tremendously embarrassed (because I understand this and STILL managed to get it backwards), but it could be worse, I guess--I could be Eliot Spitzer.
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