InfoAnda - Microsoft profit beats Street but stock unmoved |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Carrie Underwood keeps Billboard No. 1, Adele going strong | | 17 May 2012
Asian summit to tackle economic crisis, rights | 23 October 2009
Iran sanctions biting in recent weeks: Petraeus | | 1 February 2012

Netanyahu rejects Obama "disaster" headline | 29 March 2010

Forum Views () Forum Replies ()

Read more with google mobile : Microsoft profit beats Street but stock unmoved |

Edition: U.S. Article Comments (0) Slideshow Video Save Email Print Reprints Most Popular Most Shared Australian model Miranda Kerr marries Orlando Bloom 22 Jul 2010 Clintons in tears over Chelsea? You can bet on it 19 Jul 2010 Sarah Palin reported doubtful on Bristol's marriage 21 Jul 2010 Earnings lift Wall Street, but Amazon.com plunges 22 Jul 2010 UPDATE 5-Microsoft profit beats Street, stock unmoved 22 Jul 2010 Obama says USDA "jumped the gun" on Sherrod ouster | Video 22 Jul 2010 Bookies see Europe stocks flat, stress tests eyed 1:06am EDT Whitman sees less as more for California 22 Jul 2010 Oil slips from 11-week high ahead of bank test results 1:39am EDT Analysis: Race issues beset Obama's "post-racial" presidency | Video 21 Jul 2010 No ruling in hearing over Arizona immigration law | Video 22 Jul 2010 India develops world's cheapest "laptop" at $35 2:08am EDT Joss Whedon confirms he will direct "Avengers" 22 Jul 2010 Australian model Miranda Kerr marries Orlando Bloom 22 Jul 2010 California city manager's pension could top $30 million 21 Jul 2010 India develops world's cheapest "laptop" at $35 1:58am EDT Analysis: Asia's budding bankers no longer feel need to go West 21 Jul 2010 Colorado man delivers pizza and saves heart attack victim 21 Jul 2010 Police nab bandit who used underwear as mask 22 Jul 2010 Congressional probe of student loans widens 27 Apr 2007 Microsoft profit beats Street but stock unmoved Digg This Tweet This Share on LinkedIn Share on Facebook Related News Microsoft profit beats Street but stock unmoved Thu, Jul 22 2010 UPDATE 4-Microsoft profit beats Street, stock unmoved Thu, Jul 22 2010 US STOCKS-Earnings lift Wall St, but Amazon.com plunges Thu, Jul 22 2010 US STOCKS-Wall Street rallies on corporate outlooks Thu, Jul 22 2010 Apple forecast beats Street view Wed, Jul 21 2010 Related Topics Technology » iPad » Media » Related Video Amazon misses big, Microsoft shines Thu, Jul 22 2010 The day ahead: July 22, 2010 1 / 2 Packages of the new Windows operating system, Windows 7 sit on a desk before being installed in Golden, Colorado in this October 22, 2009 file photo. Credit: Reuters/Rick Wilking By Bill Rigby SEATTLE | Thu Jul 22, 2010 8:54pm EDT SEATTLE (Reuters) - Microsoft Corp easily beat Wall Street forecasts with a 48 percent rise in quarterly profit, but its shares barely moved in the absence of powerful new signs of a rebound in global tech spending. The world's largest software company said business customers are continuing to come back to the market for new personal computers, about 90 percent of which run on Microsoft's software, but it failed to match chipmaker Intel Corp's strongly optimistic tone last week. Microsoft's stock has rallied in recent weeks, outperforming the Nasdaq composite index. But as Apple Inc has overtaken Microsoft as the world's largest tech company by market value about a month ago, analysts question where growth will come from after Windows 7 and Office 2010 run their course. Microsoft said it sold 175 million licenses for its new Windows 7 operating system since its launch last October, a performance rated solid but unsurprising by analysts. "It's a great quarter -- but does that matter?" said Colin Gillis, analyst at BGC Partners. "We all knew the business refresh cycle was in place. This is the dilemma for Microsoft -- how do they get the stock moving again?" The company, which cut about 5 percent of its work force last year to keep a lid on costs, slightly lowered its operating expense target for the current fiscal year, which started on July 1. It now expects to spend $26.9 billion to $27.3 billion this fiscal year, down from its March estimate of $27 billion to $27.5 billion. PROFIT JUMP Analysts say it may be tough for Microsoft's stock to advance in the short term. Investors are keen to see new phones running Windows Phone 7, Microsoft's attempt to make up lost ground in the mobile sector which will be in stores in the next few months. The company hopes to excite consumers with a range of Windows-powered tablet devices and its untested Kinect motion gaming platform. And its Bing Internet search engine is posting solid market share growth but remains miles behind Google Inc. "It was strong in the areas that we thought they would be strong in, which is more of the business orientated operating systems," said Kim Caughey, senior analyst at Fort Pitt Capital Group, which owns about 431,000 Microsoft shares. But "my hot button as an owner of this stock is, what is their mobile direction?" she said. "Arch rivals Apple and Google seem to have an answer for that. I think the company really has to have an answer for this. I think they have to have a path." Microsoft on Thursday reported fiscal fourth-quarter profit of $4.52 billion, or 51 cents per share, up from $3.04 billion, or 34 cents per share, in the year-ago quarter. That beat analysts' average expectation of 46 cents per share, according to Thomson Reuters I/B/E/S. Sales rose 22 percent to $16.04 billion, beating analysts' $15.27 billion estimate, reflecting the continuing recovery in tech spending this year. The unit that sells Windows led the gains, posting a 43 percent increase in sales to $4.5 billion. The unit represents just over a quarter of Microsoft's sales but more than half of its operating profit. All of Microsoft's five divisions posted higher sales, but two key units saw wider operating losses. The online services unit -- which runs the Bing search engine and MSN portal -- lost $696 million, while the entertainment and devices unit -- which handles phone software and the Xbox -- lost $172 million. Global PC sales surged 22.4 percent last quarter, industry tracker IDC said this week, helped by strong demand from businesses, signaling a strong outlook for Microsoft. "We still believe in the business PC refresh, which is the single biggest thing ongoing throughout this year," Chief Financial Officer Peter Klein said in a telephone interview. He said the new Office 2010 suite of applications, launched earlier this year, was off to a strong start but it was too early to judge the financial impact. He said the current "back to school" quarter should show how well sales are faring. One analyst worried that lower selling prices for the new version of Office could pose a threat to Microsoft's top line. "Last year, the average sales price on Office was $199. This year we're seeing average prices between $124 and $154," said Trip Chowdhry, analyst, Global Equities Research. "In terms of unit sales, I think they are doing fine. In terms of revenue, I think they are not doing fine." Microsoft shares were little changed at $25.69 after closing at $25.84 on Nasdaq. The stock -- which is still hovering around the same level it was five years ago -- is down 15 percent this year, compared with a 1 percent fall in the Nasdaq composite index. (Additional reporting by Jim Finkle; Editing by Edwin Chan and Richard Chang) Technology iPad Media Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 23 July 2010
EU envoys endorse sanctions against Iran
Berlusconi's coalition backs down on Italy wiretaps bill
Greed destroys Beirut's architectural legacy
German banking sector braces for stress test results
Strong US business interest in iPad: AT&T
Chavez breaks Colombia ties over rebel charges |
GM to buy auto lender in bid to stoke sales
US-TECH Summary
2 Americans killed in copter crash in Afghanistan
Mali confirms military action by border |
Mafia infiltrated rebuilding of Italian quake city
Baidu may press claims over hackers: U.S. judge
Hariri tribunal to accuse Hezbollah members: Nasrallah |
Pirate traders exploit Internet sales model : EU
Mubarak gives public speech after health rumors |
Health watchdogs sound alarm over TB/HIV deaths
Nokia profits drop, CEO wants exit talk to stop
US initial jobless claims rise more than expected
NY Times posts revenue growth, reversing slide
U.S. authorities say break Colombian drug ring |
Rocket attack kills 3 in Baghdad Green Zone |
Pressure mounts on Nokia CEO as Q2 earnings plunge
U.S. sends two Guantanamo detainees to Spain, Latvia |
Slovenians investigated for computer virus: report
Pilotless drones show new face of war at Farnborough
US resumes ties with Indonesian special forces
U.S. sanctions three Afghan financiers for Taliban
Nokia profits drop, CEO wants exit talk to stop
Ponting leads Australia revival against Pakistan
Pressure mounts on Nokia CEO as Q2 earnings plunge
US to resume ties with Indonesia's special forces
Japan's trainee programme 'human trafficking': lawyer
Angelina Jolie and Brad Pitt awarded damages over tabloid claim
Angry Foxconn chief warns on Taiwan investment plans
Baidu may press claims over hackers: U.S. judge |
Ponting joins Tendulkar in 12,000 club
Pirate traders exploit Internet sales model : EU |
US-ENTERTAINMENT Summary
Freestyle dancer tWitch steps up into movies
Kevin the Possum halts Sydney monorail
Report asserts Mexican women exploited by US crab industry
Pacific islands seek UNESCO heritage honour
AIDS charity Life Ball raises 1.5 mln euros
Australian film probes mystery of dangling shoes
'Humiliated' British talent show reject sues TV show: report
Thriller with Natalie Portman to open Venice fest
Indian micro lender to launch IPO next week
Angelina Jolie and Brad Pitt awarded damages over tabloid claim
A Minute With: Guillermo del Toro at Comic Con
Simon Cowell sued by British Talent contestant |
Freestyle dancer tWitch steps up into movies |
Obama presses Iraqi leaders to end deadlock
Hariri tribunal to accuse Hezbollah members
'Terrorists' killed in Mauritanian raid
North Korea says U.S. military drills violate sovereignty |
Scotland refuses US Senate Lockerbie testimony
Unique coral reef spurs Mexico tourism battle
India develops world's cheapest "laptop" at $35
European banks face moment of truth
Kosovo independence declaration deemed legal |
'The Naked and the Dead' head for the Kindle
Microsoft sales up as firm rides out fiscal crisis
HP, Microsoft announces new tablet computer
Chavez cuts Colombia ties but fight seen unlikely |
US Fed vows to act if jobs market flounders
Microsoft reports record sales
Baidu hacker lawsuit can proceed in US court
U.S. blames fax for diplomatic gaffe over Russian |
Amazon profit soars but stock price sinks
Aid ships from Lebanon won't reach Gaza: Israel |
Twitter to fight outages with new data center
India develops world's cheapest "laptop" at $35
No ruling in hearing over Arizona immigration law
Kremlin aims to tighten screws on corrupt cops |
US to resume ties with Indonesia's special forces
FIFA clears Australia over World Cup bid
New China floods feared as Yangtze swells
Reform bills set for delay in noisy India parliament
N.Korea holds talks with UN Command on sunken ship
Pacific slum district a 'health risk' to residents: US Army
13 confirmed dead in China mine flood: media
Top Chinese negotiator to visit Taiwan
Thai drilling firm tells Indonesia to prove 'damage'
Protesters overshadow Australian PM's climate speech
Microsoft profit beats Street but stock unmoved |
Helen Mirren honors Harvey Pekar at Comic-Con
Lightning shuts Daesan, S.Korea refining, naphtha units
Australian model Miranda Kerr marries Orlando Bloom
US to freeze 100 suspect North Korean accounts: reports
India develops world's cheapest laptop at $35 |
Seoul shares rise 1.3 pct led by banks, techs
Pakistani c.bank buys 12.2 bln rupees of govt paper
Amazon profit misses as costs surge |
SK Energy says to expand battery mfg; JV with Vitol
Korea Hot Stocks-SK Energy gains after strong Q2 results
Air NZ fancies Queenstown Airport stake
Guillermo del Toro enters "Haunted Mansion"
PAKISTAN
PREVIEW-NZ central bank to raise rates for 2nd time next week
Seoul shares rise 1.3 pct led by banks, techs
MTV gets top marks for gay inclusion on shows
Baidu hacker lawsuit can proceed in US court
"Battle: Los Angeles" wows Comic-Con crowd
Helen Mirren honors Harvey Pekar at Comic-Con
Study shows inequalities in UK early deaths rising
Sister of Mel Gibson's ex under suspicion
"Salt" targets "Inception" at box office
Londoners rediscover 'trendy' ping pong
Australian model Miranda Kerr marries Orlando Bloom
Mel Gibson phone recording illegal, with exceptions |
Salt targets Inception at box office |
Angelina Jolie and Brad Pitt awarded damages over tabloid claim |
Sister of Mel Gibson's ex under suspicion |
MTV gets top marks for gay inclusion on shows |
Guillermo del Toro enters Haunted Mansion |
Helen Mirren honors Harvey Pekar at Comic-Con |
Battle: Los Angeles wows Comic-Con crowd |
Justin Bieber to guest star in TV crime drama CSI |
Australian model Miranda Kerr marries Orlando Bloom |
Israel to return impounded Gaza aid ships to Turkey
Dutch court fines company after I.Coast waste dump
17 injured in blast targeting Afghan candidate
North Korea threatens physical response to U.S. moves |
Former Taliban spokesman captured in Afghanistan
Ford posts $2.6bn profit in second quarter
Russia says ready to resume NATO military ties |
ARM signs new deal with Microsoft, shares leap
British recovery quickens with 1.1% quarterly growth
World trade to grow 10% in 2010: WTO
Thousands gather for Thai red rally before vote |
Fix budgets now, ECB chief tells top economies
Al Qaeda claims Yemen attacks, vows more strikes |
Ubisoft videogame sales nearly double
U.N. rights forum names team to probe Israel ship raid |
France, Mauritania in desert strike on al Qaeda |
Heiress Bettencourt relieved by ruling on daughter's lawsuit |
Israel to return impounded Gaza aid ships to Turkey |
Moody's warns of Hungary downgrade after IMF breakdown |
US wades into South China Sea disputes
U.S. won't move Marines from Japan by 2014: media |
Slain Calif. teen's sister urges killer to give up
US: Asia must resolve claims on disputed islands
Clinton denounces Myanmar's oppression at Asia meet
N.Korea threatens to respond to naval drills
China jails Uighur journalist for 15 years
Philippine typhoon death toll rises to 111
Apple's white iPhone 4 delayed, in latest headache |
Cambodians seek justice in "Killing Fields" verdict
Jazz singer Jarreau in critical condition in France
US singer Al Jarreau critically ill in French hospital
Amazon's weakness only for short term, say analysts |
Indian software exporter Wipro says profit up 31%
Popularity of morning-after pills fuels concerns in India
PREVIEW-Pakistani c.bank to keep rates steady for now
China's star blogger treads fine line
Deflation 'main threat' to Japan economy
ARM signs new deal with Microsoft, shares leap |
Jazz singer Jarreau in critical condition in France |
Bosnian Oscar-winner's film opens Sarajevo festival |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01