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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: |
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| | 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 | |
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| | Total operating expenses | 7,844 | 6,337 | |
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| | Operating income | 5,918 | 4,474 | | Investment income and other | 298 | 567 | |
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| | Income before income taxes | 6,216 | 5,041 | | Provision for income taxes | 1,927 | 1,563 | |
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| | Net income | $ 4,289 | $ 3,478 | |
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|
| | Earnings per share: |
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| | Basic | $ 0.46 | $ 0.35 | |
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| | Diluted | $ 0.45 | $ 0.35 | |
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| | Weighted average shares outstanding: |
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| | Basic | 9,380 | 9,929 | |
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| | Diluted | 9,513 | 10,010 | |
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| | Cash dividends declared per common share | $ 0.11 | $ 0.10 | |
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| Labels: Microsoft |
posted by Jody @ 7:45 AM   |
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