Analysts surveyed by FactSet Research estimate Microsoft MSFT +0.91% will
earn 62 cents a share on $18.2 billion in revenue, compared with a profit of
69 cents a share, on sales of $17.37 billion, in the same period a year ago.
[...]
At Citigroup, analyst Walter Pritchard said that even with the huge
writedown, he expects Microsoft to report results in line with expectations.
Still, Pritchard said, in a research note, that there are “many moving pieces
in the numbers” from Microsoft, and that the prospects for Windows 8 will be
a big driver of how investors treat Microsoft over the next year.
Microsoft shares rose 64 cents, or more than 2%, to $30.32 Wednesday, and the
stock is up by almost 17% since the start of the year.
I can't comment myself, due to lack of information. We'll all see in four hours.
For the quarter ended June 30, Microsoft reported a loss
of $492 million, or six cents a share, compared with a
year-earlier profit of $5.87 billion, or 69 cents a share.