SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (49115)1/24/2013 4:24:56 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68181
 
Microsoft Profit Edges Forecasts, but Sales Fall Short
CNBCBy CNBC | CNBC – 13 minutes ago
@cnbc on Twitter

Microsoft reported second-quarter earnings excluding items of 76 cents a share on revenue of $21.46 billion in revenue.

Analysts had expected the company to report earnings excluding items of 75 cents a share on $21.53 billion in revenue, according to a consensus estimate from Thomson Reuters.

What is Microsoft stock doing now? (Click here to track the company's shares after the closing bell.) (MSFT)

Amid an increasingly competitive landscape, Microsoft has pinned its hopes for personal computer sales on the launch of its new Windows 8 system.

So far, tech earnings results have been mixed. On Tuesday, IBM (IBM) earnings and revenue exceeded Wall Street's expectations while Apple (AAPL) fell short of revenue forecasts on Wednesday, sending the already bruised stock even lower in trading on Thursday.

This is a breaking news story. Check back on CNBC.com for updates to this article.