Microsoft Pri0
Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times reporter Sharon Chan.
SubscribeApril 24, 2008 1:19 PM
Microsoft Q3 revenue in line; earnings top analyst estimates; 2009 forecast for double-digit growth
Posted by Benjamin J. Romano
Wall Street analysts had been expecting earnings per share of 44 cents. Microsoft just announced earnings of 47 cents a share. The company's third quarter revenue of $14.45 billion was right in the middle of the range it forecast in January.
Looking ahead, the company issued its first forecast for fiscal 2009. For the year ending June 30, 2009, Microsoft expects:
-- Revenue between $66.9 billion and $68 billion, which would be up 11 to 13 percent compared with forecast 2008 revenue of about $60.2 billion.
-- Operating income between $26.7 billion to $27.4 billion, up 17 to 20 percent compared with the forecast of about $22.8 billion for the current year.-- Diluted earnings per share between $2.13 to $2.19, up 13 to 16 percent above this year's forecast $1.89 a share.
Microsoft shares, which gained 35 cents, a bit more than 1 percent to $31.80 in regular trading today, were down to $30.28 in early after-hours trading.
Digg
Newsvine
UPDATE - 10:02 PM
Recently listed
Popular searches
Jul 1, 08 - 11:45 AM
Microsoft buying natural-language search company Powerset
Jun 30, 08 - 05:16 PM
Report: Microsoft to cut Xbox 360 price ahead of big industry event
Jun 27, 08 - 03:52 PM
Gates send-off: Gates has had Ballmer's back from the beginning
Jun 27, 08 - 01:09 PM
Gates send-off: Photos
Jun 27, 08 - 11:48 AM
Gates send-off: Two guys and 90,000 employees
nwjobs
Post a comment
Michelle Goodman blogs about work/life balance.
How to tell your office you're gravely ill
Post a comment
nwautos
Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment
Open Houses | Find this weekend's open house listings.  Or search by location: |
- Suspect in officer's slaying shot by police
- Suspect shot as city mourns slain officer
- Flags were key link to cop slaying, bombings
- Mourners gather at KeyArena for slain officer's memorial
- Briefs | Soccer: New Mexico suspends hair-pulling player Elizabeth Lambert
- McGinn pulling away as late ballots come in
- Thunder and lightning again lighting up sky
- Datsun 210 sought in police shooting
- Voters expand same-sex rights
- Details emerge about Fort Hood suspect's history
- Suspect shot as city mourns slain officer
- Recipe: Penne with Smoked Turkey Sausage
- Suspect in officer's slaying shot by police
- Flags were key link to cop slaying, bombings
- Nancy Leson | An elegant offshoot of Seattle's Wild Ginger in Bellevue
- Voters expand same-sex rights
- Tim Lincecum charged with misdemeanor possession
- Shoreline man killed when struck by falling tree part
- Green River Valley: Anxiety ebbs over flooding potential
- Do It in a Day | Spend a cozy, homey day in Edmonds
July
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | 30 | 31 |
Bill Gates, who last week ended his full-time involvement with Microsoft, was often right. He made a career, a company and an industry by looking over the horizon.