Pity poor Microsoft. Coming off the heels of Apple’s record-setting quarter, Redmond…well…
Got absolutely annihilated.
Microsoft whiffed on analysts’ predictions to the tune of one and a quarter billion dollars. The traditional sinks – online services and the Entertainment and Devices group (Xbox 360, Zune and mobile phone software) – continued their crimson streak in the books while the money-printing Windows and Office monopolies experienced sharp declines.
Microsoft Chief Financial Officer Chris Liddell stated “there are some signs that we’ve seen the worst” from the economy, and that, “the spending environment is stabilizing on a sequential basis.” There’s a recession? Guess the economy doesn’t affect us all the same way, does it Chris?
Enjoy the schadenfreude, Macheads.