Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Microsoft Corporation    MSFT

MICROSOFT CORPORATION (MSFT)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Microsoft Corporation : Microsoft 3Q Net Slips 2.4% As Entertainment Sales Fall

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/19/2012 | 10:29pm CET

Microsoft Corp.'s (MSFT) fiscal third-quarter profit slid 2.4% from a year-earlier period that included a tax benefit as the software giant reported weaker sales in its entertainment business, though revenue increased in its other segments.

Microsoft shares jumped 2.6% to $31.82 in recent after-hours trading as both per-share earnings and revenue topped analyst expectations. The stock is up 19% since the start of the year.

Microsoft's continued strength in sales of its Office suite of products to corporate customers has helped cushion the company from the impact of slumping personal computer sales. Microsoft warned in January that a shortage of hard disk drives, a result of supply disruptions due to last year's flooding in Thailand, would again pressure PC shipments in the third quarter. Windows is the software powering most of the world's PCs.

However, Microsoft needs sales of its flagship products to remain robust as it transitions customers to cloud services and its forthcoming Windows 8 operating system.

The company has spent the past two years developing Windows 8, which will for the first time run on both desktop computers and tablet devices. The company is counting on Windows 8, expected to launch later this year, to dent the dominance of Apple Inc. (AAPL) and Google Inc. (GOOG) in the expanding consumer and mobile markets.

For the quarter ended March 31, Microsoft reported a profit of $5.11 billion, or 60 cents a share, down from $5.23 billion, or 61 cents a share, a year earlier. The year-earlier results included a 5-cent tax benefit related to an agreement with the U.S. Internal Revenue Service. Revenue jumped 6% to $17.41 billion.

Analysts surveyed by Thomson Reuters most recently predicted earnings of 57 cents a share on revenue of $17.18 billion.

Total operating expenses were up 2.9%.

Microsoft's Windows and Windows Live Division saw revenue increase 4% as profit rose 5.7%.

Revenue for the company's servers and tools products, which form the backbone of enterprise networks and private clouds, climbed 14% while the segment's profit advanced 29%.

At the business division, which earns most of its sales from Microsoft Office, sales were up 9.1% as profit improved 14%. Recent quarters have seen strong demand for the company's cloud-based Office 365 suite of office utilities and collaboration tools.

Sales at the entertainment-and-devices business, which houses the Xbox video game console, slumped 16% due to a soft gaming console market.

In online services, revenue was up 6%. Microsoft has invested heavily in the unit, launching a splashy advertising blitz last year to promote Bing, which is the second-most-popular search engine in the U.S. behind Google Inc. (GOOG), according to comScore Inc. (SCOR).

-By Nathalie Tadena, Dow Jones Newswires; 212-416-3287; [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MICROSOFT CORPORATION
10:56p MICROSOFT : Millionlights ties up with JioChat to expand its reach
10:56p MICROSOFT : Upstream companies expect shorter time to produce oil and gas due to..
09:57p GATES JOINS IN ALZHEIMER'S FIGHT : It's personal
07:51p RESAAS SERVICES : Adds Software-as-a-Service Visionary to Advisory Board
07:09p MICROSOFT : 17 books everyone should read, according to Bill Gates
04:27p THIS WEEK ON WINDOWS : Black Friday deals, Minecraft 1.2.5 Update and more
04:27p MICROSOFT : Start shopping Microsoft Store’s Black Friday deals now
03:32p INTERNATIONAL BUSINESS MACHINES : Tech firms scrounging for skilled workers trai..
03:31p SEN. CANTWELL : "Republican Tax Plan Would Be Paid for on the Backs of Middle Cl..
01:28p Tech Data's Software Stores make it easier for partners to offer licenses and..
More news
News from SeekingAlpha
06:24a NAVIGATING CLOUDY WATERS : Understanding The Cloud Computing Majors
11/22 The Chromebook Business, One Good Reason To Like Intel
11/22 Microsoft facing patent lawsuit over HoloLens
11/22 Trading Quality Stocks And Short Term Rates Higher Update
11/22 WALL STREET BREAKFAST : Traders Digest Fed Minutes Before Thanksgiving
Financials ($)
Sales 2018 106 B
EBIT 2018 32 076 M
Net income 2018 26 141 M
Finance 2018 60 022 M
Yield 2018 1,99%
P/E ratio 2018 24,67
P/E ratio 2019 22,23
EV / Sales 2018 5,48x
EV / Sales 2019 4,95x
Capitalization 641 B
Chart MICROSOFT CORPORATION
Duration : Period :
Microsoft Corporation Technical Analysis Chart | MSFT | US5949181045 | 4-Traders
Technical analysis trends MICROSOFT CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 90,6 $
Spread / Average Target 9,0%
EPS Revisions
Managers
NameTitle
Satya Nadella Chief Executive Officer & Director
Bradford L. Smith President & Chief Legal Officer
John Wendell Thompson Independent Chairman
Jean-Philippe Courtois President-Global Sales, Marketing & Operations
Amy E. Hood Chief Financial Officer & Executive Vice President
Sector and Competitors
1st jan.Capitalization (M$)
MICROSOFT CORPORATION33.75%641 160
RED HAT INC84.38%22 400
HEXAGON31.86%17 498
MICRO FOCUS INTERNATIONAL PLC24.28%15 601
SYNOPSYS, INC.51.85%13 423
CITRIX SYSTEMS21.89%13 061