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  Earnings Preview: Microsoft's fiscal 2nd quarter
Time: 08:14 EST/13:14 GMT | News Source: Bloomberg | Posted By: Chris Hedlund

Microsoft Corp. is set to report earnings for the fiscal second quarter Thursday after the market closes. WHAT TO WATCH FOR: Don't be alarmed when the numbers hit the wire. Analysts expect Microsoft's net income to slide about 7 percent as revenue edges up just 1 percent. Worldwide personal computer shipments only grew about 3 percent during the last three months of 2010, as Apple Inc.'s iPad and the promise of more tablet devices to come made consumers think twice about what kind of device to buy.
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