toggle

AAPL Stock: 121.3 ( -1.07 )

Subscribe to this page now.

Microsoft hints at lower fourth quarter earnings

01/11, 3:55pm

Blames drive shortages from Thailand floods

In two separate conferences in Las Vegas yesterday, Microsoft executives predicted that PC shipments industrywide for the fourth quarter of 2011 will be lower than expected. Tami Reller, chief financial officer and chief marketing officer of Microsoft's Windows and Windows Live Division, said that estimates of overall PC shipments were about one percent lower than expected. Reller made the remarks at a Nomura Holdings Inc. event yesterday. Bill Koefoed, Microsoft's general manager of investor relations, made similar remarks at a JPMorgan Chase & Co. conference. Koefoed said the actual number may be even lower.

more

Advertisement

Connect with Us

FREE Apple, iPhone and Mac Newsletter

  • We will not share your email address with anyone.

    Follow us on Facebook

    toggle

    Most Popular

    Advertisement

    Recent Reviews

    HP 14-x030nr 14-inch Chromebook

    If you're like us, chances are you've come to realize that you need the ability to access the Internet on the go. Also, you've prob ...

    15-inch MacBook Pro with Force Touch

    Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

    Typo keyboard for iPad

    Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

    toggle

    Most Commented