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Strategies & Market Trends : The New Economy and its Winners

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From: greenspirit	4/27/2006 4:38:08 PM
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This statement from Microsoft's just released earnings report (who consistently gives conservative guidance) is telling. 'We are pleased with the increasing pace of revenue growth throughout this fiscal year fueled by strong demand for our new consumer and business offerings,' said Chris Liddell, chief financial officer of Microsoft. 'We are now accelerating our investments in the business to drive future growth, which is reflected in our financial guidance. We believe next fiscal year will deliver even stronger double-digit revenue growth than this year. Given our confidence in the future, we have also continued our momentum on buyback execution, acquiring $4.9 billion of our stock during the quarter.

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