“Microsoft’s fourth quarter earnings and sales missed expectations by a wide margin as the PC market slowdown and a writedown of Surface RT inventory painted a bleak picture,” Larry Dignan reports for ZDNet.
“The company reported fourth quarter earnings of $4.97 billion, or 59 cents a share, on revenue of $19.9 billion,” Dignan reports. “The results include a $900 million inventory writedown for Surface RT that amounts to 7 cents a share.”
Dignan reports, “Wall Street was expecting Microsoft to report fourth quarter earnings of 75 cents a share on revenue of $20.73 billion… The quarter for Microsoft reflects a tale of two companies—an enterprise side that’s killing it and a Windows part that’s struggling to regain its footing as tablets cannibalize PCs.”
Read more in the full article here.
MacDailyNews Take: Click!
Some people laughed when we stated:
As we have always said, even as many short-sightedly waved (and continue to wave) the white flag, the war is not over. And, yes, we shall prevail… No company is invincible. Not even Microsoft. – MacDailyNews Take, January 10, 2005
Who’s laughing now?
Related articles:
Gartner: Apple to overtake Microsoft in total OS sales in 2015 – June 25, 2013
Apple Macintosh owns 45% of PC market profits – April 16, 2013
Steve Jobs’ revenge – April 12, 2013
Apple Macintosh on the rise as Windows PC market plummets – April 11, 2013
Gartner: PC Market posts 11.2 percent decline in Q113; Apple Mac sales up 7.4 percent in U.S. – April 10, 2013
IDC: PC shipments post the steepest decline ever in a single quarter, down 13.9% in Q113 – April 10, 2013
Microsoft are STILL trying to screw over Linux. They’ve reanimated the corpse of SCO once again in court. They never learn.
You know, sometimes the news is a wonderful thing.
Death of the beast has a long way to go yet.
I teach simple computer skills to oldies learning to use their first machine. And most are with PCs of one sort or another.
Still, it’s noticeable that the iPad is getting in there!
You should hope you live long enough to become an “oldie” you disrespectful little twerp!
Having had 3 generations of iPad, it is difficult for me to see the charms of the M$ Surface and so I acknowledge my bias. But… I’m not blind. That thing just seems… less good. It’s just like the iPod and the Zune (without the brown). Perhaps their next attempt will be an improvement.
That’s a miss if anything.