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  Microsoft CFO Reaffirms Financial Outlook
Time: 17:02 EST/22:02 GMT | News Source: Reuters | Posted By: Byron Hinson

Software giant Microsoft Corp Chief Financial Officer John Connors on Wednesday reaffirmed the company's financial guidance for the current fiscal year 2002, and the company said it still expects a boost from its new Windows XP (news - web sites) operating system in the fall. Connors, speaking to investors at an SG Cowen Technology Conference in Boston, said the company's expectations remain as they were in mid-July, when Microsoft reported fourth-quarter 2001 results. ``We'd anticipated for fiscal year '02 that we would achieve revenue of between $28.8 (billion) and $29.6 billion and that our operating income would be up about 8 percent and that our earnings per share would come in the range of $1.91 to $1.95,'' he said.

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