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Microsoft 1st-quarter profit sinks but shares jump as investors look past accounting

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Microsoft 1st-quarter profit sinks but shares jump as investors look past accounting Posted: Oct 23, 2009 11:09 AM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Microsoft 1st-quarter profit sinks but shares jump as investors look past accounting
Feed Title: Simple Thoughts - Java and Web Technology Blog
Feed URL: http://tech.gaeatimes.com/index.php/feed/
Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.
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Windows plan lowers Microsoft profit but shares up SEATTLE — Microsoft Corp. said Friday its net income fell 18 percent in the last quarter, largely because it deferred revenue to let summertime PC buyers get free upgrades to Windows 7, which launched Thursday. Investors looked past that accounting decision, noting that if it had counted its deferred [...]

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