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But just the same, it's hedging its bets.
With Windows 8, Microsoft looks like it's hedging its bets, delivering a product that can work on both a touchscreen tablet and laptop operating system.
"It's hedging, it's diversification, it's branding, it's getting off the desktop and into pockets and on to TVs," he says.
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Even if it's hedged, prudent and has thin margins, it's still going to throw off a nice chunk of profits.
Despite AOL's commitment, though, it is hedging its bets.
But at the same time, Continental indicated that it was hedging its bets.
It is hedging its bet with a large stake in the firm resurrecting Alitalia.
Intel still trumpets Rambus technology, but it is hedging its bets.
It had proposed that firms match every derivative to a specific asset or liability whose risk it was hedging.
Update: Another big question is why this "hedging" was done in risky, hard-to-trade derivatives, if indeed it was hedging and not just gambling, as Bob Menendez (D-N.J).
But it is hedged in with price and exchange controls.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com