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Microsoft Misses Quarterly Revenue Projection
monsterhead78 wrote to alert us to a BusinessWeek article discussing Microsoft's uncharacteristic miss of its own fiscal projections for the third quarter. From the article: "Three months ago, the software giant said it expected revenue for the period to come in between $9.7 billion and $9.8 billion. But when the company released results Apr. 28, it came up short. Microsoft (MSFT ) rang up just $9.62 billion in sales, a 5% increase from the year-ago quarter."
... missed by 0.009%. MSFT stock up by 3.48% on the day. Oh my! this is quite the story. I'm not quite sure that the lead story quite captures the essence of it though.
I think you need to bone up on how to read financial statements and pick stocks.
For example, MSFT has a P/E of 24.5. Dor a good explanation of P/E, look here
By comparison, AAPL's is 40 and that other Slashdot darling, GOOG's, is at 88!
"I'd rather be a lightning rod than a seismometer." -Ken Kesey
Visit http://www.securityfocus.com/ and read the ntbugtraq archives.
There is a reason why Windows Update exists and why it is giving you dozens of updates every month.
Put an un-patched windows 2000 or XP box on an open internet connection and you will be (silently) spreading viruses in minutes.
When I was working at Microsoft, the corporate network was so flooded that newly installed systems were instantly infected unless we took them off of the network before we installed and patched a windows 2000 system.