Is Microsoft Heading For Hard Times?
Reuters, Wednesday, January 26, 2011 1:40 PM
What a difference a year makes, and, in Microsoft's case, not for the better. Ahead of the company's fiscal second quarter earnings announcement, Reuters reports: "The world's largest software company is set to report lower profit as PC sales growth fizzles, and it struggles to convince investors that it can grab a foothold in the fast-moving mobile and tablet markets." As Tim Bajarin, president of tech research firm Creative Strategies, explains: "They missed the smartphone revolution, and even though they were the first to really push the tablet, Apple basically redesigned it and left Microsoft in the dust."
According to Reuters, most investors expect a strong quarter for Microsoft, but concerns about the company's future are already creeping in. Most alarming is that fact that Microsoft's new Windows phone software isn't selling well. Microsoft is expected to report profit of 68 cents per share, according to Thomson Reuters -- lower than the 74 cents it reported a year ago. Meanwhile, sales of Windows 7 are healthy, though they likely won't match the year-ago figure, according to Reuters.
Read the whole story at Reuters »
According to Reuters, most investors expect a strong quarter for Microsoft, but concerns about the company's future are already creeping in. Most alarming is that fact that Microsoft's new Windows phone software isn't selling well. Microsoft is expected to report profit of 68 cents per share, according to Thomson Reuters -- lower than the 74 cents it reported a year ago. Meanwhile, sales of Windows 7 are healthy, though they likely won't match the year-ago figure, according to Reuters.
Recent Around the Net In Online Marketing Articles
-
TripAdvisor Grabs Mobile App GateGuru June 19, 11:26 a.m.
Travel portal TripAdvisor has scooped up mobile app GateGuru for an undisclosed sum. GateGuru’s app offers ... -
Amazon Frowns On Binge Streaming June 19, 11:24 a.m.
Unlike Netflix, Amazon apparently doesn’t want viewers binging on its original content. As such, Amazon’s new ... -
Fab Takes Another $150M June 19, 11:23 a.m.
High-flying ecommerce startup Fab has raised an additional $150 million, bringing its total investment to $310 ... -
Facebook Hits 1 Million Advertisers June 19, 11:22 a.m.
Facebook on Wednesday said it has reached 1 million advertisers. Forbes interprets the number as signaling ... -
Samsung One-Ups Apple With Jay-Z Promo June 18, 9:38 a.m.
What’s one way for Samsung to steal cool points from Apple? Feature Jay-Z in an ad, ... -
Digg Preps RSS Aggregation Service June 18, 9:34 a.m.
Remember Digg? The social news pioneer, which was acquired by Betaworks last year for a half ... -
Yahoo Could Pay $50M For Qwiki June 18, 9:33 a.m.
With no end in sight to its shopping spree, Yahoo is reportedly close to dropping as ... -
Microsoft Bowing Windows 8 Ad Format June 18, 9:27 a.m.
Microsoft today is expected to debut new native ad formats for Windows 8 “The new ads ... -
Samsung Plans Faster Galaxy S4 June 17, 12:01 p.m.
Samsung says it will soon launch the world's first smartphone with a network connection boasting ultra-fast ... -
Apple Tries To Clear Its Name June 17, 11:37 a.m.
Trying to make good with consumers in the wake of reports that technology companies cooperated with ...
Be the first to comment on "Is Microsoft Heading For Hard Times?"
Leave a Comment