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Microsoft reports lower earnings, lower profits, today

Discussion in 'Bing' started by drhowarddrfine, Jan 27, 2011.

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From Reuters:

...as sales of personal computers lag expectations and Apple Inc's iPad eats away at the fringes of its core market.

Its stock is down 2.4 percent in the last 12 months, compared with a 24 percent rise in the tech-heavy Nasdaq.

...they missed the smartphone revolution, and even though they were the first to really push the tablet, Apple basically redesigned it and left Microsoft in the dust.

Sales of Windows 7 are still going strong, but likely won't match the year-ago figure, which was boosted by a one-time deferral of revenue from pre-sales of the operating system, which was launched in October 2009.

If Microsoft does not impress Wall Street this quarter, or show it has a realistic plan for growth, questions will be asked about the leadership of Steve Ballmer, now in his 12th year as chief executive.

A string of high-level departures has raised concerns about his efforts to revitalize the company.
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drhowarddrfine, Jan 27, 2011 IP

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