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Thread ID: 78771 2007-04-28 01:39:00 Liddell Lips Vista Boosters SurferJoe46 (51) PC World Chat
Post ID Timestamp Content User
544836 2007-04-28 01:39:00 Fears and perceptions aside, Windows Vista and Office 2007 have gotten off to strong starts . . . or so some say .

Chief Financial Officer Chris Liddell said consumer sales of Vista surpassed the company's own expectations by $300 million to $400 million .

"There is very good acceptance from a launch perspective for the product . It's early days, but we're encouraged by it," Liddell told Reuters .

Microsoft's revenue for the quarter rose 32 percent to $14 . 4 billion, and net earnings rose to $4 . 93 billion, or 50 cents a share, from $2 . 98 billion, or 29 cents a share, in the same period last year .

Both figures benefited from the deferral of $1 . 67 billion of revenue from the previous quarter to account for the Windows and Office upgrade coupons distributed late last year .

Even better, from the analysts' point of view, was that there were no unpleasant surprises in the company's outlook, with earnings forecast between $1 . 68 and $1 . 72 a share for fiscal 2008, and revenue between $56 . 5 billion and $57 . 5 billion .

"This is a solid, even strong report from Microsoft, and should do quite a bit to assuage the fears that CEO Steve Ballmer was on his way out the door," writes CNBC's Jim Goldman .

"He had a rough year last year with high-profile product delays and production issues . I think just about everyone thought he was on the ropes . "

. . . continuing: "This report goes to show that his plan is underway and working, at least for Vista, and should buy Microsoft some more time as it tries to come up with the next-generation moneymaker that will alleviate the company's near total reliance on the sluggish, mature personal computer industry . "

Gosh, I'm all a-twitter now .
SurferJoe46 (51)
544837 2007-04-28 02:00:00 How about this take on Vista's numbers
"Previously deferred revenue mitigates Microsoft's seemingly blow-out fiscal 2007 third quarter earning results .

Microsoft suffered untoward income declines during its second fiscal quarter as the company held back revenue related to upgrade guarantees for Office 2007 and Windows Vista .

Deferred revenue added $1 . 67 billion to Microsoft's $14 . 4 billion for the third quarter . The deferral also added $1 . 14 billion in net income to the quarter's $4 . 93 billion, or 12 cents to the 50 cents diluted earnings per share .

Microsoft's deferral, which the company took mainly for accounting reasons, has a side benefit of making the Office 2007 and Windows Vista launches look much larger than they really are, contributing to overall 32 percent year-over-year income growth and 72 percent diluted earning-per-share growth . However, while Microsoft realized deferred revenue in the quarter, the sales period is much longer . The deferral largely represents sales since October, when Microsoft started offering the Office 2007 and Vista coupons .

. microsoft-watch . com/content/corporate/microsoft_q3_2007_by_the_numbers . html" target="_blank">www . microsoft-watch . com
winmacguy (3367)
544838 2007-04-28 02:03:00 Thank goodness Mr Liddell is here to give us an unbiased report. :lol: :D ;)
Unfotunately, somehow I am not moved to hurtle out and buy a vista. :confused:
R2x1 (4628)
544839 2007-04-28 02:18:00 That is probably why CFO's get paid so much. They are very good at making the numbers look good to the general public.... until you have a bit of a closer inspection.:rolleyes: winmacguy (3367)
544840 2007-04-28 05:47:00 "That is probably why CFO's get paid so much. They are very good at making the numbers look good to the general public.... until you have a bit of a closer inspection."

Helen and her merry cross-genders are a case in point.:thumbs: :eek: :badpc:
Bryan (147)
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