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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

December 5, 2008 at 9:56 AM

Top MSFT analyst: Company may miss own, analysts’ financial targets

8_ball_face.jpg Bloomberg’s Dina Bass has an interview with Heather Bellini, the top-rated analyst covering Microsoft, and her Magic 8 Ball says, essentially, “Outlook not so good.” (Image via Wikimedia Commons)

The UBS analyst told Bass that it’s possible none of Microsoft’s five divisions will hit company and Wall Street revenue forecasts. Bellini also believes cost cuts won’t be enough to hit profit targets.

“Enterprises have gone on a buyer’s strike just like consumers have,” said Bellini. “You see the unemployment numbers — I don’t think people are worrying about upgrading laptops and desktops.”

Microsoft reports its fiscal second quarter earnings — the quarter ending Dec. 31 — on Jan. 22, 2009, at 2:30 p.m.

In October, the company lowered its forecasts for the second quarter and implemented a series of cost-saving measures.

For Q2, Microsoft’s current guidance is:

  • Revenue of $17.3 billion to $17.8 billion.
  • Operating income of $6.1 billion to $6.4 billion.
  • Diluted earnings per share of $0.51 to $0.53.

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