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Microsoft seen posting sharp profit decline

Microsoft Corp. is expected to post declines in profit and sales for its fiscal fourth quarter next Thursday, as the software giant contends with flagging sales of personal computers bundled with its technology.

Wall Street analysts on average estimate that Microsoft will post earnings of 36 cents a share for the period ending in June, on $14.38 billion in revenue, according to data from Thomson Reuters.

That compares to earnings of 46 cents a share and $15.84 billion in revenue in the same period a year earlier.

The shares have risen roughly 20% in the year to date, slightly ahead of the Nasdaq Composite Index, and were trading at $24.24 Friday afternoon.

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KionicWarlord2223472d ago

Oh my god this is murder!

..joking

Traveler3471d ago

Microsoft is facing increasing competition on all sides, which in my opinion is a good thing.

ElementX3471d ago (Edited 3469d ago )

Increasing competition? From who? Google and their Chrome OS? It's doubtful that Chrome will ever compete with Windows. It's basically for Netbooks, which are pretty much useless anyway. Do you think every hardware/software manufacturer will drop everything and support Chrome? It isn't going to change the world. Manufacturers aren't going to support an open source product like Chrome. Look at Linux. How many games support Linux? How about hardware? You have to download user created stuff, compile it, and pray that it works. I took a Linux class last year and installing drivers was a pain. I don't think the majority of people want to deal with the hassle.

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starchild3471d ago

um, just one correction: the Google Chrome OS is not only for netbooks. It is just being debuted on them.

a_squirrel3471d ago

lol'ed at 1

/looks at deleted

hmm.... don't wanna aggravate admins...

I have no opinion (gets reported for spam)

Zedux3471d ago

this is so refreshing! am I dead and gone to heaven??!! This just shows how Microsoft uses their marketing to continue to lie to the consumers who in the end have no idea of what actually is going on!

+ Show (4) more repliesLast reply 3471d ago
Trollimite3472d ago

please dont approve this!!!! save all of us the headache!

KionicWarlord2223472d ago

lol...

I see already someone`s trying start something.

Hopefully people read article.

"Wall Street analysts on average estimate that Microsoft (MSFT 24.26, -0.03, -0.12%) will post earnings of 36 cents a share for the period ending in June, on $14.38 billion in revenue, according to data from Thomson Reuters."

That compares to earnings of 46 cents a share and $15.84 billion in revenue in the same period a year earlier.

The report will come after a month in which Microsoft saw some encouraging signs from its recently-revamped Internet search service, called Bing. According to data from comScore Inc., Bing helped Microsoft win some search market share from "

jack who3471d ago

$14.38 billion isnt much money wipe my ass with that

TheMART3471d ago

Isn't that about the amount of money that Sony lost on the PS3 till now?

talltony3471d ago

Its talking how microsoft is loosing money right now and has nothing to do with sony.... well actually it might have a little to do with sony.

cryymoar3471d ago

that's 7% of their total worth.

blackbeld3471d ago

Ha!! Shareholders are now already aware that the Windows 7 S#CKS!!! They now put more money in Macintosh!!! Hahahahaha.......

DonCorneo3470d ago (Edited 3470d ago )

but at least they have already fixed windows vista bugs with.. windows 7

and at least they have already fixed the RRoD.. oh wait

who cares, anyway? thier zune is the next big thing

+ Show (5) more repliesLast reply 3470d ago
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