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Fresh Thinking on IT Operations for 100,000 Industry Executives

Microsoft just posted shocking year end results refelecting weakness in almost every area except for operating expenses where costs are also down by 10% reflecting strong fiscal management:

-Revenue down 17% y/y

-Revenue of $13.1 billion vs. street estimate $14.4 billion

-Net income down 29% y/y

-Operating expenses down 10% y/y

-Weakness in the business PC and server hardware markets

-Client revenue down 22% y/y

-OEM revenue down 24% y/y

-Server and tool revenue down 6% y/y

-Online services down 13% y/y

-Microsoft business division down 13% y/y

-License only sales down 35% y/y

-Entertainment division down 25% y/y

-Will hire 3,000 employees in “more strategic areas”

 

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