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Microsoft may issue sales and profits warning, analyst claims

Discussion in 'News' started by wagnerk, Dec 16, 2008.

  1. wagnerk
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    wagnerk aka kitkatninja Moderator

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    Microsoft may issue sales and profits warning, analyst claims



    Microsoft may issue a sales and profits warning for the second quarter, ending 31 December, which would be the first Xmas holiday season falls since December 2000.

    The sales and profits warning prediction has been made by Morgan Stanley financial analyst Adam Holt.

    Other leading IT firms, including Intel, have also issued sales and profits warnings as a result of the PC buying downturn and the general economic slowdown, so Microsoft faltering would not be an absolute surprise. However, some may be wondering whether Redmond is immune.

    The firm has continued to hire and up to now has posted record sales and profits, even if those underlying increases have slowed.

    Read the whole article here.

    -Ken
     
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