- 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 »