Microsoft Corp. (NASDAQ: MSFT) just reported earnings after the close and the software giant posted $0.47 EPS on $14.45 Billion in revenues. First Call had estimates at $0.44 EPS on $14.5 Billion in revenues.
The company gave guidance of $0.45 to $0.48 EPS on $15.5 to $15.8 Billion in Revenues. For fiscal 2009 it gave guidance of $2.13 to $2.19 EPS on $66.9 to $68 Billion in revenues.
First Call expects Ballmer-Gates & Co. is expected to post $0.48 EPS and $15.56 Billion in revenues next quarter, which also marks its June-2008 fiscal year end. For fiscal June-2009, the estimates are $2.10 EPS on $66.5 Billion in revenues.
Unfortunately, many of the individual metrics for the company did not come right in with expectations.
Entertainment and Devices showed a 68% gain and it now has more than 19 million Xbox 360 consoles out, servers and tools revenue gained 18%. It also ended with more than $26.3 Billion in cash and equivalents.
Shares closed up 1.1% at $31.80 today, and shares slid by 3% initially to $30.85 in after-hours trading.
Jon C. Ogg
April 24, 2008
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