Originally Posted by slapppy
"The company posted a net profit of $6.62 billion or 78 cents per share for its fiscal second quarter, compared to the previous year's $6.63 billion or 77 cents per share."
This is not bad at all. Despite slow PC sales, Microsoft is still very profitable. Windows Phone will just add to more profits in 2012. All the negative spin on this forum will not change this fact.
Yes Slapppy, MSFT is doing wonderful. It's poor doomed AAPL that should be ashamed of themselves, with only a paltry $395 billion market cap, zero long term debt and $81 billion in cash (and securities) in the bank to spare. MSFT puts then to shame with their $245 billion market cap, and $12 billion (and counting) in long term debt. But MSFT has that declining
year-over-year quarterly net earnings of 6.62 billion to be proud of. What's that, AAPL Q4 earnings were also 6.62 billion ($7.05 EPS) - and increasing
(Q3 2010 = 4.31 billion). Huh, must he a market hiccup - a five year trend hiccup.
I know, I know, MSFT is a great prospect, even though people just don't get some of their wonderful products like Bing, which is hemorrhaging 1 billion dollars per year, and Windows sales are slowing (although Mac OS X sales are accelerating ... hmmm ... must be another market 'hiccup'). You just wait, when that shiny new Windows mobile OS hits the shelves (cuz' it won't be a flop like Mobile 7), iOS will be left by the wayside and Apple may as well just close up shop, sell off their assets and hand out the proceeds to the shareholders - just like Mike Dell said that should've years ago.
Seriously though, the interesting factoid from the MSFT earnings transcript is the fact that when they break it down by operating division, it shows strength in their server business, and that the Windows division is pulling them down with (according to Peter Klein @ MSFT) "particular softness in the consumer segment".