Isnt it funny that Gate's and Maffei cant get their stories straight regarding who is their biggest competitor! Here is a quote from the following news release
''Our biggest competitor is about to launch an upgrade,''
Maffei said. ''We shot ourselves in the foot in terms of
timing.''
Novell plans to announce on Monday that it's shipping
Netware 5.0, the latest update to its network operating system,
said Novell spokesman Blake Stowell.
So, according to Gate's comments yesterday, it was IBM. Hmmmmm
The whole News Release follows....
Bloomberg News
September 9, 1998, 12:21 p.m. PT
Microsoft CFO Sees Earnings Reaching $2.20 a Shr in Fiscal '99
Boston, Sept. 9 (Bloomberg) -- Microsoft Corp.
Chief Financial Officer Greg Maffei said earnings at the world's
biggest software maker could reach $2.20 per diluted share for
this fiscal year.
Microsoft is forecast to earn $2.16 a share for the fiscal
year ending June 30, 1999, according to First Call estimates.
Maffei said Microsoft will continue to gain market share
with its corporate software though he declined to specify how
fast the business would grow. Microsoft had 36 percent of the
market for server operating systems compared to 26.4 percent for
Novell Inc. and 20.7 percent for Unix-based systems, based on
licenses sold in 1997, according to International Data Corp.
''Two dollars and twenty cents sounds like a fair number,
maybe it's a couple of pennies high,'' Maffei said at the S.G.
Cowen 26th Annual Fall Technology Conference in Boston.
Maffei was asked about the growth prospects for the
corporate sector.
''Our biggest competitor is about to launch an upgrade,''
Maffei said. ''We shot ourselves in the foot in terms of
timing.''
Novell plans to announce on Monday that it's shipping
Netware 5.0, the latest update to its network operating system,
said Novell spokesman Blake Stowell.
Maffei said Microsoft will continue to enlarge its market
share of database software, where Oracle Corp. leads the sector.
The next upgrade of Microsoft's Sql will be called 7.0.
''Sql 7.0 will launch in the next few months and that's a
very big positive,'' he said.
Shares of Microsoft rose 2 1/32 to 104 in late trading. |
