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Microsoft Set to Announce Q2 2008 Earnings
Wednesday, January 23, 2008
For all of you investors out there... sheesh it's been a rough couple of weeks hasn't it? Microsoft (MSFT) is set to announce their quarterly earnings tomorrow/ Their Q2 2008 Earnings Conference Call is scheduled for 5:30PM EST.

According to Kramer's picks from January 18th, he says to buy MSFT shares. Here is a look at their last quarter results based on their Q1 2008 report.

MICROSOFT CORPORATION

INCOME STATEMENTS

(In millions, except per share amounts)(Unaudited)


Three Months Ended

September 30,


2007

2006

Revenue

$13,762

$10,811

Operating expenses:



Cost of revenue

2,675

1,696

Research and development

1,837

1,786

Sales and marketing

2,614

2,191

General and administrative

718

664




Total operating expenses

7,844

6,337




Operating income

5,918

4,474

Investment income and other

298

567




Income before income taxes

6,216

5,041

Provision for income taxes

1,927

1,563




Net income

$ 4,289

$ 3,478




Earnings per share:



Basic

$ 0.46

$ 0.35




Diluted

$ 0.45

$ 0.35




Weighted average shares outstanding:



Basic

9,380

9,929




Diluted

9,513

10,010




Cash dividends declared per common share

$ 0.11

$ 0.10




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posted by Jody @ Wednesday, January 23, 2008  
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