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Technology Stocks : How high will Microsoft fly?
MSFT 480.82+0.6%3:59 PM EST

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To: Flair who wrote (5999)4/22/1998 9:41:00 PM
From: Flair  Read Replies (1) of 74651
 
All, "History of Microsoft's Unrecognized Revenue"

===============================
Quarter Total Increase
===============================
1996 1Q 307M -
1996 2Q 495M 188 M
1996 3Q 545M 50 M
1996 4Q 560M 15 M
1997 1Q 651M 91 M
1997 2Q 1013M 362 M
1997 3Q 1285M 272 M
1997 4Q 1418M 133 M
1998 1Q 1671M 253 M
1998 2Q 2038M 367 M
1998 3Q 2463 M 425 M
===============================

In the conference call, many analysts'
questions were about "unearned" revenue.
They recongnized the increase
in "unearned" revenue. Microsoft's CFO
explained a lot, and urged analysts'
not to forecast future growth based on
this "unearned" revenue. More confusing
"unearned" revenue calculation is expected
in the next two quarters.
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