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.
July 9, 2008 8:53 AM
Vista, Office 2007 top CIOs' list of software projects to be delayed in tightened IT spending environment
Posted by Benjamin J. Romano
Goldman Sachs is out this morning with an extensive review of the software industry as second-quarter earnings begin rolling in next week. Broadly, the analysts see chief information officers -- CIOs -- tightening their belts.
"Our latest IT spending indicators suggest ongoing caution in 2008 spending plans on a year-over-year basis. CIO expectations of growth in budgets remains well below 1-year and 2-year ago levels," the analysts wrote.
Goldman asked CIOs in a survey last month, "Which of the following software-related projects are most likely to get delayed if your IT budget continues to tighten in 2H2008?"
Upgrades to Microsoft's flagship products, Windows Vista and Office 2007, topped the list, with 43 percent of respondents saying they would delay upgrading to Vista and 39 percent saying they would delay upgrading to Office 2007.
Despite that, Goldman writes, Microsoft's three huge product cycles "still remain in fairly early stages (Windows Vista, Windows Server 2008 and Office 2007) and while not immune to IT slowing, they do create some top-line momentum."
Microsoft reports its fiscal fourth-quarter and full-year results on Thursday, July 17, after the markets close.
Goldman expects Microsoft earnings per share for the year of $1.88, up 32 percent.
Jul 10, 08 - 03:17 PM
Why Microsoft is lowering Xbox 360 price, and why it's not lowering price more
Jul 7, 08 - 09:51 AM
Yahoo says it's ready to deal with Microsoft now
Jul 7, 08 - 06:30 AM
Microsoft would pursue Yahoo acquisition if new board were elected
(Kia) LeBron James teams with Kia Basketball star LeBron James has partnered with Kia to promote the K900, the brand's first rear-drive luxury sedan. ...
Post a comment
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.