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Microsoft to face questions on cash mountain | |
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| Time: 00:00 EST/05:00 GMT | News Source: Reuters | Posted By: Todd Richardson | ||
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Investors are expected to be as interested in hints from Microsoft Corp. about plans for its $40.5 billion cash mountain as they are about this week's quarterly earnings report which is expected to show record sales. Revenues at the world's largest software maker are expected to swell as much as 11 percent from a year earlier to between $8.5 billion and $8.6 billion, a new high, meaning the Redmond, Washington-based company's cash balance is likely to grow further. | ||
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