Wednesday, July 13, 2011

Microsoft reports 4th quarter earnings on July 21

Microsoft plans to report fourth quarter earnings on July 21. The company will also release year-end results for fiscal year 2011.

The results will be reported after the stock market closes on July 21. Microsoft will hold a conference call for analysts at 2:30 p.m.

Microsoft Chief Executive Steve Ballmer gave some of the 2011 fiscal results at a Rotary Club luncheon in Seattle on June 29.

"There's a reason why we'll do almost $70 billion in revenue this year and we'll make over $20, whatever, $26, $27 billion in profits," Ballmer said at the Westin Hotel.

Microsoft said after the speech that Ballmer had been referring to $26 billion to $27 billion of operating profit, not net income.

Analysts are expecting an operating profit of $27.2 billion and for Microsoft to bring in $69.8 billion sales for fiscal 2011.

Here is the link to our earlier news story on Steve Ballmer's speech, in which he also talks about the future of the NBA in Seattle.

Rachel Weisz Miranda Kerr Sarah Shahi Anna Paquin Diane Kruger

No comments:

Post a Comment