Microsoft Cashes In Third Quarter
For anyone who has pooh-poohed Microsoft as the aging, humongous behemoth who was going to be financially undone because of the size of the company, they're probably wondering how Microsoft managed to drum up $4 billion
in third-quarter profit. Even with a hit on deferred Office revenue, Microsoft managed to best analysts' expected 42 cents per share by two cents.
Those pooh-poohers are probably going to go back at it, as Microsoft's stock took a small hit after the market closed.
It is a bit troubling that the Windows division generated the lion's share of the revenue for the company. Really, how long is that going to last? Predictions here.
Posted by Michael Domingo on 04/22/2010 at 11:59 AM