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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."
Here's an excerpt from the AP feed:
Microsoft shares rose 85 cents, or 3.5 percent, to close at $25.30 in Friday trading on the Nasdaq Stock Market.
The company reported its fiscal third-quarter earnings after financial markets closed on Thursday.
For the quarter ending March 31, the Redmond, Wash.-based company earned $2.56 billion, or 23 cents per share, up from $1.32 billion, or 12 cents per share, a year ago.
Analysts surveyed by Thomson Financial were looking for the company to post earnings of 32 cents per share on sales of $9.83 billion in the latest quarter. The company would have met earnings expectations, except for legal charges of 5 cents a share and a 4-cent-per-share charge for the expense of stock-based compensation required under new accounting rules.
Revenue is important but profit even more so. MSFT closed up today 3.48%
"I'd rather be a lightning rod than a seismometer." -Ken Kesey
Obviously it is because of linux!
Finally the giant is beginning to fall!!!
hmmm, only 9.6 billion left to go.
Time to start 20 years of "Microsoft is dying" trolls.
Just another way Microsoft is copying Apple.
-- I'm old enough to have lived through six different meanings of the word "hacker."
Your revenue increased, but slightly less than you expected it to be!
Take *that*, evil empire!
There's also this Register piece, which has a different take on things.
Interesting to me was this quote:
Microsoft said that its home division - which includes Xbox - turned a profit for the first time, as did MSN.
So, if sales went up 5% from last year, how much higher can it go? How many more copies of windows do they need to sell? Or will Microsoft metamorpahsize into a service company? It was not that long ago I was reading that MS was going to stop selling Office, and start renting it. Only way to use it is to be on-line or something dumb like that.
Rosco: "If brains were gunpowder, Enos couldn't blow his nose."
... 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.
Languishing? They posted over 9 BILLION in sales. They came a few million short on a projection. Excatly how do you prove that Microsoft's stock is stagnating? they closed today up over 3 points.
Even more disturbing, who would have guessed 5 years ago that /. would be filled with Apple fanboys while Free Software zealots decrease in number? :)
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
Google News:
Microsoft profits jump to US$ 2.56 billion this quarter (Earthtimes.org)
Microsoft Third-Quarter Profits Double (Yahoo News)
Microsoft: The Cash Machine (Motley Fool)
Slashdot:
Microsoft Misses Quarterly Revenue Projection
It's almost as if there's some bias or something...
Why does not Microsoft not release their OS, but hold it for a few months, have a large beta group of testers. Fix the bugs
Not to be a troll, but can someone tell me specifically what bugs everyone is always talking about? Currently running Windows XP sp2 at home and work, my computers have not crashed once this year...not frozen, not blue screened, nothing. I know occasionally (maybe once a month) you'll get windows explorer crashing (where the desktop looks like its refreshing), but otherwise I don't experience any bugs? (My fedora box is performing as well btw) Please don't respond with "spyware and viruses!!!" cuz a) I havn't ever gotten any b) they are mostly user initiated.
Shhh... we can't let things like truth leak onto Slashdot.
'Standards' in computing only impress those who are impressed by things like 'standards'.
To put it in perspective, VA Software, the company that owns Slashdot, is trading at 1.37/share ... down from their 52-week high of 3.17. Those that live in glass houses...
I think confused investors were thinking Microsoft released Tiger today. :-)
"There is more worth loving than we have strength to love." - Brian Jay Stanley
I don't know why I even both to post this b/c I haven't posted in months, but can't this site be just tiny, itsy bit less slanted? I understand that MS is the antithesis of Open Source and that is what this site is about, but please spare me this type of story.
No one here would give a crap about MS corporate results, but b/c they miss by a couple percent it becomes a story. Can't there be a little bit more reason? Not everything in the Windows world is terrible and every aspect of Open Source is not perfect. Maybe that is why I like Ars Technica better, b/c they are much more reasonable...
I haven't checked the AOL CDs as of late. But if there is some room left, maybe Microsoft can get AOL to bundle the full service pack on the root of the AOL CD. If there is room free, it shouldn't cost a damn thing. It would be a win-win for both MS and AOL.
Microft to cust: Yes mam/sir, you can't download SP2, just pick up an AOL cd.
AOL to cust: So mam/sir, you want to sign up with AOL? Very well, so just how did you hear about us....
Get the idea?
Life is not for the lazy.
It's because your Windows machine can detect the trace Mac-elements left on your fingertips from using your Mac at home.
Bascially the Dell is stressed and really pissed that you have opted to use a Mac at home. It thinks that it is likely to be replaced at some point. It doesn't feel sexy anymore, it feels desperate and second fiddle.
Probably your best option is to either replace your Mac at home with a PC, or replace your PC at work with a Mac.
Computers exhibiting architecture jealously is all to common with users that "go both ways".
Sometimes my arms bend back.
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.