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  More questions over Microsoft profits
Time: 10:02 EST/15:02 GMT | News Source: TechFlash | Posted By: Kenneth van Surksum

Will Microsoft warn Wall Street about lower-than-expected earnings? That's the big question surrounding the company's stock right now, particularly after Morgan Stanley lowered its quarterly and annual expectations for Microsoft's revenue and profits this morning.

When last we heard from the company, in October, it was projecting revenue of $17.3 billion to $17.8 billion in revenue for the quarter, with earnings per share between 51 cents and 53 cents. Of course, it's an understatement to say that a lot happened in the economy since. In particular, the turmoil has reduced expectations for PC sales, a key factor in Microsoft's Windows sales.

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#1 By 3653 (65.80.181.153) at 12/14/2008 6:10:43 PM
On a similar note, I thought I had $401.54 in my checking account. i was wrong. I only actually had $401.53

#2 By 1896 (68.153.171.248) at 12/14/2008 8:26:03 PM
Unfortunately one cent difference in your account or mine would not have the same effect as MS earnings being one cent short.
Well, it will be an opportunity to buy MS stocks at a bargain price.

#3 By 82766 (122.107.48.75) at 12/15/2008 2:37:19 AM
Unfortunately you're both right... and Wall Street's GREED MASTERS will GAMBLE on anything.. which is why the world is bearing the brunt of that GREED with economic meltdown.

This post was edited by MyBlueRex on Monday, December 15, 2008 at 02:39.

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