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

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

Delayed Quote. Delayed  - 08/30 06:44:58 pm
57.87 USD   -0.40%
06:07p MICROSOFT : Unfortunately, Microsoft did not just tease a black Surf..
06:02p VIDEO + PHOTOS : Microsoft Bing Translates "Daesh" into English as "..
05:35p ACCO BRANDS : BlackBelt 2nd Degree Rugged Case Named TWICE VIP 2016 ..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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 CEST

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; nathalie.tadena@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MICROSOFT CORPORATION
06:07p MICROSOFT : Unfortunately, Microsoft did not just tease a black Surface Book 2
06:02p VIDEO + PHOTOS : Microsoft Bing Translates "Daesh" into English as "SAUDI ARABIA..
05:35p ACCO BRANDS : BlackBelt 2nd Degree Rugged Case Named TWICE VIP 2016 Award Winner
05:07p MICROSOFT : services to crack down on `hate speech`
05:07p MICROSOFT : Chelsio Terminator 5 Unified Wire Adapters Achieve Windows Server 20..
04:09p MICROSOFT : MyCloudIT Releases the Latest Remote Application Delivery Solution i..
04:07p MICROSOFT : releases a major update for the Windows Developer Center
04:07p Amazon Web Services and Microsoft Azure best serve app developers, new Forres..
04:07p MICROSOFT : Data visualization pioneer Edward Tufte to deliver keynote at the Mi..
03:07p MICROSOFT : highlights accessibility features of Windows 10 in a new video
More news
Sector news : Software - NEC
08/26DJTesla Raises Price of Autopilot Option by $500
08/25DJAUTODESK : Raises Annual View
08/24DJWORKDAY : Posts Higher Revenue, Though Loss Widens
08/24DJHP Reports Lower Earnings, Revenue
08/24DJINTUIT : Posts 8% Revenue Increase, Sees First Quarter Below Wall Street View
More sector news : Software - NEC
News from SeekingAlpha
07:43a Sectors That Benefit From Rate Hikes - Cramer's Mad Money (8/29/16)
08/29 Sierra Wireless And The Blockchain Call Option
08/29 UBS : Microsoft one of few viable cloud alternatives to Amazon Web Services, Sal..
08/28 Profiting From The Cloud (Video)
08/27 Using My SWAN Decision Tree To Rate DGI Stocks
Advertisement
Financials ($)
Sales 2017 93 929 M
EBIT 2017 28 372 M
Net income 2017 19 074 M
Finance 2017 52 192 M
Yield 2017 2,64%
P/E ratio 2017 23,94
P/E ratio 2018 19,03
EV / Sales 2017 4,26x
EV / Sales 2018 3,98x
Capitalization 452 745 M
More Financials
Chart MICROSOFT CORPORATION
Duration : Period :
Microsoft Corporation Technical Analysis Chart | MSFT | US5949181045 | 4-Traders
Full-screen chart
Technical analysis trends MICROSOFT CORPORA...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 36
Average target price 59,7 $
Spread / Average Target 2,7%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Satya Nadella CEO & Non-Independent Director
Bradford L. Smith President & Chief Legal Officer
John Wendell Thompson Independent Chairman
Amy E. Hood Chief Financial Officer & Executive Vice President
Harry Shum Executive Vice President-Technology & Research
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
MICROSOFT CORPORATION4.72%452 745
HEXAGON AB11.47%14 300
CITRIX SYSTEMS, INC.17.04%13 788
RED HAT INC-11.04%13 341
SYNOPSYS, INC.29.99%8 973
SPLUNK INC1.60%7 940
More Results