Live Blogging: Un-Spinning Microsoft's Bad Results for This Quarter
- Dr. Roy Schestowitz
- 2009-07-23 20:08:11 UTC
- Modified: 2009-07-24 08:52:25 UTC
Microsoft Operating Income Down 30%, Income Down 29%, and Earnings Down 26%
AS we showed before, Microsoft is about to announce disappointing results [1, 2, 3], but it will artistically try to spin its way out of this one, with the help of the press (or "mass media"). To avoid deception from this mass media and a Microsoft press release, as soon as information arrives, we shall append it below with explanations, references, and supporting reports. GNU/Linux and Free software are a major factor in the sharp decline of their most formidable suppressor and a general aggressor in the technology sector. ⬆
Update #1 (3:58PM Eastern Time):
Wall Street Journal (ahead of the report):
Microsoft Expected To Post Fiscal 4Q Pft, Sales Declines
Update #2 (4:03PM Eastern Time):
As expected, some of the press uses the strategic timing of Vista 7 news to distract from bad results.
Reuters:
Microsoft deal talk, optimism overshadow results
Update #3 (4:13PM Eastern Time):
According to
the press release (made public minutes ago), "Operating income, net income and diluted earnings per share for the quarter were $3.99 billion, $3.05 billion and $0.34 per share, which represented declines of 30%, 29% and 26%, respectively, when compared with the prior year period." That's the second consecutive sharp drop of this scale and revenue is down very sharply as well.
In reality, it might be a lot worse
due to habits of fraud. Microsoft is
said to have lost $18bn in 1998.
Update #4 (4:54PM Eastern Time):
Coverage from the mainstream press is starting to trickle in.
AP:
Microsoft fiscal 4Q profit falls 29 percent
WSJ:
Microsoft's Profit, Sales Tumble
Bloomberg:
Microsoft Profit Falls 29% as Slowdown Hurts Sales
AFP:
Microsoft profit down 29 pct in weak computer market
Comments
DiamondWakizashi
2009-07-23 21:13:26
YAY!!!
zatoichi
2009-07-23 21:57:29
A terrific year-over-year quarter next year, more than likely, and then you'll (I suppose) be weeping tears the size of cabbages...
I bet you watch a lot of anime, doncha, Mr. Wakizashi...?
Did you hear that Linus thinks that folks who hate Microsoft the way you do have "a disease"?
DiamondWakizashi
2009-07-23 23:17:31
Also, Linus fails to understand the Microsoft threat to Linux, he should read this guide to GPL3 and change the Linux kernel license.
A Quick Guide to GPLv3: http://www.gnu.org/licenses/quick-guide-gplv3.html
zatoichi
2009-07-23 23:57:05
So.
I see.
Mr. Wakizashi is prepared to explain to Linus just how confused he is about these matters, is that right? His email address isn't hard to find, maybe you ought to write him and tell him.
I'd strongly suggest that you select some sort of sobriquet which doesn't have quite so effulgent an aura of, shall we say, a bit of a Nihon-mono fetish, hm?
I personally suspect that Linus might possibly take such advice coming from a "Diamond Wakizashi" with something less that the full seriousness it so clearly deserves. Try something a bit more pedestrian, something like, oh...Mark Fink, say.
I just dropped him a line to thank him for calling you folks what you are: extremists; haters.
zatoichi
2009-07-24 00:15:28
He really loves it when people instruct him.
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maxstirner
2009-07-23 23:05:22
the way theyre desperately rushing win 7 out, it's bound to be another load of rubbish..
zatoichi
2009-07-23 23:28:34
Hey, Max, Linus says that hating Microsoft is "a disease"; he won't refer to what he does as "free software" because he doesn't want to be linked to "haters" and "extremists". I guess that makes him a definitive non-supporter of FOSS (although he's a strong supporter of OSS, like me...)
What do you think? Is Linus a Novell shill? He does draw his pay from the Linux Foundation, and Novell is a member.
David Gerard
2009-07-24 00:36:48
"With profits down by almost a third," said Rob Enderle, "Microsoft is absolutely poised to make a brilliant recovery next quarter. Windows 7, man!"
Revenue came in at $13.1 billion, down 17% from the same quarter last year. Net profit on this revenue was $3.1 billion, down 29% from a year earlier. Microsoft shares fell 7% in after-hours trading.
"Wall Street analysts claim these numbers don't match their expectations," said Mary Jo Foley. "What do they know about business? They should be grateful that Microsoft made their so-called numbers twenty-two years running, and not whine because they haven't made any of them in the last year. It's their patriotic duty to raise Microsoft's stock price. Wall Street are a pack of un-American communists."
zatoichi
2009-07-24 00:50:22
He says, it's a disease, Mr. Gerard. Linus believes you are ill.
twitter
2009-07-24 00:57:55
zatoichi
2009-07-24 01:34:13
Alex
2009-07-24 16:40:31
Thank you.
Roy Schestowitz
2009-07-24 16:43:15
Do you know a general-purpose WordPress plugin that can achieve this?
zatoichi
2009-07-24 16:47:27
Want a hand?