Microsoft PC Sales Slump

Source: Internet
Author: User
Keywords Microsoft sales trend
Tags analysts analysts expect compared continue financial market market research microsoft
"Financial network," reporter Chao Yu Beijing time October 21, Microsoft released the first quarter of fiscal year 2012, the report showed that Microsoft's first quarter revenue of 17.372 billion U.S. dollars, compared with the same period last year, 16.195 billion U.S. dollar growth of 7% Net profit of $5.738 billion, a 6% increase over 5.41 billion dollars over the same period last year.  PC sales continue to show a downturn. Microsoft's first-quarter results were largely in line with Wall Street analysts ' previous forecasts.  Analysts on average expect Microsoft to gain 68 cents a share in the first quarter, with a revenue of $17.24 billion trillion, according to research by FactSet, a market study firm. Microsoft's first-quarter earnings show that Windows sales rose only 2% from a year earlier, in line with PC sales slump. Windows still occupies more than 90% per cent of the global PC market.  While Windows operating system sales ended three consecutive quarters of declines, they were still lower than some analysts had expected. Pacific Crest Nomura analyst Brandon Bannick, the US investment bank, said that Windows operating system sales were again lower than expected, but the gap was not as large as in the past few quarters.  Windows 7 has been relatively stable since its launch in 2009. Microsoft's growth is now largely dependent on its core corporate customers, who continue to invest in technology despite slowing economic growth.  By contrast, individual consumers are waiting for the release of Windows 8 next year, indefinitely delaying a purchase plan or buying an Apple ipad tablet. Microsoft expects operating expenses for fiscal year 2012 to be $28.6 billion to 29.2 billion dollars.  In July this year, Microsoft expected operating expenses for the 2011 fiscal year to be $28 billion to 28.6 billion dollars, up 3% to 5% from the 2011 fiscal year. Peter Klein, Microsoft's CFO, said that the business PC replacement cycle is still in the middle of the Peter Klein, and he believes the demand will continue to grow.  Klein said in a conference call with analysts that commercial PCs are expected to grow faster than consumer PCs, at least for the fiscal year.  On that day, Microsoft's shares fell 0.09 U.S. dollars in the Nasdaq conventional trading, at 27.04 U.S. dollars, down 0.33%. (Stock market weekly feeds) share to:>> more
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