April 26 (Bloomberg) -- Microsoft Corp., the world's biggest software maker, said third-quarter earnings rose 65 percent on sales of its new Windows and Office programs. The revenue forecast for the coming year exceeded analysts' estimates.
For this quarter, profit will be 37 cents to 39 cents on sales of $13.1 billion to $13.4 billion. That compares with analyst estimates of 41 cents and $13.4 billion in sales. The company had profit of 28 cents and sales of $11.8 billion a year ago.
Up a buck after hours, but it does not look very exciting so far. Certainly no AAPL type surprise.
I posted earlier the put to call ratio at 30 strike, with overwhelming bullish bets. That is a negative, normally. Too many speculators hoping for a blow-out.
Update:
MU and NVDA, both key Vista components (ram and graphics) are slightly down on the report.
MSFT is struggling with 30. It can all change, but certainly not the kind of blow-out AAPL gave.
There's a gap to close at 30.20. If the stock manages to hold above that, it could go much higher. Call sellers will be buying to cover after-hours.
For this quarter, profit will be 37 cents to 39 cents on sales of $13.1 billion to $13.4 billion. That compares with analyst estimates of 41 cents and $13.4 billion in sales. The company had profit of 28 cents and sales of $11.8 billion a year ago.
Up a buck after hours, but it does not look very exciting so far. Certainly no AAPL type surprise.
I posted earlier the put to call ratio at 30 strike, with overwhelming bullish bets. That is a negative, normally. Too many speculators hoping for a blow-out.
Update:
MU and NVDA, both key Vista components (ram and graphics) are slightly down on the report.
MSFT is struggling with 30. It can all change, but certainly not the kind of blow-out AAPL gave.
There's a gap to close at 30.20. If the stock manages to hold above that, it could go much higher. Call sellers will be buying to cover after-hours.
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on Thursday, April 26, 2007 at 4/26/2007 04:24:00 PM.
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