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January 24, 2008 1:34 PM
MSFT beckons spooked investors, already back to $35
Posted by Brier Dudley
Talk about perfect timing.
With everyone wondering where to invest now, Microsoft says it's busting sales records and raising its full-year earnings forecast.
It's already up to $35 in after-hours trading.
It's also quieting Vista critics -- 100 million units have now shipped, and Windows Client sales were $4.3 billion in the quarter, up from $2.6 billion a year ago.
Xbox sustained profitability, online services trimmed its losses and Microsoft's eons of work building overseas markets is paying off.
So will MSFT finally approach $40?
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Gadgets and games | Fun stuff I've written about lately includes Apple's iPhone, Hewlett-Packard's HDX laptop and Microsoft's Halo3. Also on the radar are new digital video boxes such as the Tivo HD and the Vudu.