Microsoft is starting the new year much as it did the one just ended — grappling with weak computer sales tearing a hole in its core Windows business, while it gropes its way slowly into the faster-growing mobile phone and tablet markets. Shares of the world\'s largest software company are pretty much where they were a year ago too, and few expect much to change after the latest results are announced on Thursday. \"[It is] clear that investors will continue to need to be patient,\" Barclays Capital analyst Raimo Lenschow said. \"There could be positive short-term momentum ... but we first need to see proper evidence of mobile/tablet success rather than just signs of hope.\" More worryingly for Microsoft, Gartner noted \"continuously low consumer PC demand\" over the normally buoyant holiday shopping season in the US, and a lack of excitement so far over the newest lightweight laptops championed by Intel Corp. That\'s bad news for Microsoft, whose financial success is still closely bound to computer sales. Wall Street expects sales of $20.9 billion for the fiscal second quarter — which would be a 5 per cent increase from a year ago and its biggest quarterly sales on record — but a net profit of only 76 cents per share, a slight dip from 77 cents last year.
GMT 10:28 2018 Friday ,19 January
Amazon narrows list of 'HQ2' candidates to 20GMT 09:04 2018 Thursday ,18 January
China to step up cryptocurrency crackdownGMT 08:32 2018 Sunday ,14 January
Japan's new crypto-currency crooners sing the bitcoin beatsGMT 09:22 2018 Friday ,12 January
Top European chefs take electric pulse fishing off the menuGMT 20:15 2018 Tuesday ,09 January
ADGM and Bahrain EDB agree to collaborate on fintechGMT 13:45 2018 Tuesday ,09 January
Apple urged to shield kids from iPhone addictionGMT 00:14 2018 Monday ,08 January
John Young, who set records in space sub: with NASA, is dead at 87GMT 08:31 2017 Friday ,21 July
Samsung heiress ordered to pay $7.6 millionMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor