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Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

April 19, 2006 at 10:13 AM

Sherlund: Despite Xbox delays, MSFT Q3 “in-line”

Goldman Sachs analyst Rick Sherlund expects Microsoft to report third-quarter earnings “in-line” with Wall Street’s expectations on April 27. In a research note, Sherlund estimated quarterly sales of $10.96 billion, up 14 percent, and earnings per share of 33 cents, up 16 percent.

Sherlund said he cut his Xbox sales estimate a bit because around 200,000 consoles were “stuck in the distribution pipeline (they began shipping by boat versus air freight during the quarter) and production constraints were still a damper in meeting demand, but this should be alleviated in the June quarter.”

Comments | Topics: Microsoft

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