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Brier Dudley's blog

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

April 27, 2006 at 2:32 PM

Microsoft forecast disappoints

Microsoft’s sales were up 13 percent in its third quarter, but the big news in its earnings report today was the company’s 2007 forecast.

The company said it may break $50 billion in sales, but with new versions of Windows and Office on tap, Wall Street was apparently expecting more — the stock fell 6 percent in after-hours trading after the numbers were released.

UPDATE: Analysts peppered the company with questions about dramatic spending increases planned in 2007; Microsoft said details will be provided at its July analyst meeting in Redmond. How much of the new investment is going to Quincy?

Comments | Topics: Microsoft

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