Microsoft: Waiting for Vista, Zune
This is a discussion on Microsoft: Waiting for Vista, Zune within the Business News forums, part of the Business Chat category; The software maker again fell back on its strength in server software ahead of the release of the long-awaited ...
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10-28-2006, 10:18 PM
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Microsoft: Waiting for Vista, Zune
The software maker again fell back on its strength in server software ahead of the release of the long-awaited Windows upgrade and music player
For Microsoft, a quiet quarter isn't a bad thing. Especially when you consider that in recent months, the software maker caught analysts off-guard with unexpected expenses and on another occasion posted blowout results. The first quarter of fiscal 2007 was neither of those. "This was kind of a tame quarter," says Goldman Sachs (GS) analyst Rick Sherlund. Microsoft (MSFT) beat expectations, but just barely. Earnings per share hit 35¢, up from 29¢ in the first quarter of fiscal 2006, when the company incurred a one-time legal tab of 2¢ a share. Analysts had expected about 31¢ a share. Quarterly revenue grew a solid 11%, to $10.8 billion, in line with estimates. 
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