Microsoft is reporting its second quarter earnings this afternoon.
Things to keep an eye out for include: Any update on the CEO search; any new figures on how many Xbox One consoles have been sold (Microsoft’s latest figure, from earlier this month, was 3 million consoles sold through the end of 2013); an indication of how well the second generation of Surface tablets are faring; and information on how Nokia’s devices business will be integrated into Microsoft given that that deal is expected to be finalized soon.
Also of interest will be how well the Windows division does, given that PC shipments faced their steepest decline last year — though analysts believe the market has bottomed.
Analysts are expecting Microsoft to report $23.68 billion in sales — up 10 percent from $21.46 billion a year ago— and earnings per share of 68 cents on profit of $5.74 billion, according to a Bloomberg consensus estimate.
Last year, Microsoft reported quarterly profit of $6.38, or 76 cents per share.