1 posts and columns on deferral

Microsoft Disappoints…Big Time

in News on July 23, 2009 at 1:18 pm PT

Good thing Wall Street wasn’t expecting much from Microsoft. Because it didn’t get it. After market close Thursday, the Redmond, Wash-based tech giant reported that fiscal fourth-quarter net income fell to $3.05 billion, or 34 cents a share, from $4.3 billion, or 46 cents a share, in the same period a year earlier. Revenue for the period ended in June fell 17 percent to $13.1 billion. Microsoft missed Wall Street revenue estimates by $1 billion. Gruesome.
ballmer_tantrum