Analyst opinion

Microsoft earnings: no escaping global recession

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24 July 2009 | Published by Ovum

Dismal results, but they could have been worse
The results Microsoft posted yesterday for its fiscal 2009 fourth quarter and full year were dismal. Gross revenues were $13.10 billion for the quarter, down 17% from the year before, and $58.44 billion for the full year, down 3% from the prior year. Net income was worse: $3.0 billion for the quarter, down 29%; and $14.6 billion for the full year, down 18%.
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Notes to editors
Related Research

Tech industry icon Microsoft posted some dismal financial results on Thursday. But given the sorry state of the economy, the results were about as good as could be expected. And while it appears likely that the vendor will struggle for another couple of quarters, it isn’t likely to fall any further. After that, we see several signs that it will begin to bounce back.

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