(4 votes, average: 6 out of 10)
Loading ...Redmond on a roll
By Joaquim P. Menezes
When Microsoft announced its fiscal first quarter results on Friday even the trade press was caught up in the headiness of the moment.
“The cash river keeps on flowing” proclaimed one headline. “Microsoft Results Turn Heads” exclaimed another. “Microsoft’s first quarter: A blowout” asserted a third. “Microsoft had Google-like results” declared a fourth.
The narrative in most of these reports was basically the same…that Microsoft should be given credit for its mind-blowing results that has left Wall Street watchers stunned.
A 27 per cent surge in revenues, 32 per cent boost in operating income, record breaking sales of the Halo 3 video games…
“Gobsmacked,” is how one commentator characterized his reaction.
Redmond execs, understandably, are on a roll.
When they articulated their plans this summer to make forays into at Web search, online advertising, Web-based software and video games, many industry observers were skeptical and wondered if the world’s largest software was perhaps spreading itself too thin.
Microsoft’s fiscal first-quarter results, I guess, provide a resounding response.
