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24 January 2008

Hold Your Breath On The Gathering Gloom: Everyone Waits For Microsoft's Earnings Report

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Microsoft Earnings: They Really Are A "Big" Deal

The market seems to be back up, along with Google, Apple, and the rest of the technology world today, but everyone also seems to be waiting to hear what Microsoft has to say. Microsoft is up $0.56 per share today, or 1.75%, and it seems that everyone is expecting them to give a favorable earnings report later today.

Analysts estimated revenue of $16 bil for Microsoft for the quarter ending December 31st. Everyone apparently thinks Microsoft made that target. If they did, then the economic gloom may not be gathering so quickly after all.

If they didn't make it, then... Well, I don't really want to think about what might happen if they didn't make it. Let's just hope they did, for the sakes of our IRAs.

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