|Microsoft Reports Q1 Results of $12.92 Billion In Revenue|
| 1:35 pm on Oct 23, 2009 (gmt 0)|
Microsoft Reports Q1 Results [microsoft.com]
|Microsoft Corp. today announced revenue of $12.92 billion for the first quarter ended Sept. 30, 2009, a 14% decline from the same period of the prior year. Operating income, net income and diluted earnings per share for the quarter were $4.48 billion, $3.57 billion and $0.40 per share, which represented declines of 25%, 18% and 17%, respectively, when compared with the prior year period. |
These financial results reflect the deferral of $1.47 billion of revenue, an impact of $0.12 of diluted earnings per share, relating to the Windows 7 Upgrade Option program and sales of Windows 7 to OEMs and retailers before general availability. Adding back the deferred revenue, revenue totaled $14.39 billion, a 4% year-over-year decline, and EPS totaled $0.52 per share, an increase of 8% over the same period of the prior year.
| 5:55 pm on Oct 28, 2009 (gmt 0)|
The question is if it's enough for Balmer to keep his job. I say "no."
MS has lost their focus. It's time for them to be replaced for the general public and for them to take their place as a service company for the enterprise, like IBM.
| 7:08 am on Oct 29, 2009 (gmt 0)|
You're saying that these first quarter results that indicate a decline, during the worst global recession in recent memory, justifies putting the company out to pasture? (If I understand what you're trying to say.) $12.92 billion in revenue is still nothing to sneeze at.
| 7:36 am on Oct 29, 2009 (gmt 0)|
If only I could screw up that badly. :)
MS remains strong, and I suspect these loses will be offset by earnings in 2010.