Earnings up 58% in quarter for Microsoft
Article Abstract:
Microsoft earnings increased 57.9% in 1st qtr FY 1996, boosted by higher-than-anticipated sales of Windows 95. The company's stock rose $4.375 in anticipation of the strong results. The 1st qtr earnings totalled $499 million, up from the $316 million earned in 1st qtr FY 1995. Sales totalled $2.01 billion, a 61.7% increase over 1st qtr FY1995's $1.24 billion. Windows 95 has sold seven million copies since its Aug 23 introduction, with 3 million sold at retail stores and the rest shipped already installed on new computers. In commercial sales, however, Microsoft estimates that only 10% to 40% of computers have Windows 95 installed, although the company anticipates that by the end of 1995, Windows 95 will be in over half the new PCs sold. Microsoft does admit that it may have too many copies of the operating system in the retail and reseller channels, and the company cautions that 2nd qtr FY 1996 earnings may not match the current rate.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
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Microsoft poses a riddle for the street
Article Abstract:
Microsoft's Chmn and CEO, Bill Gates, as well as the company's CFO Mike Brown and the treasurer Greg Maffei, continue to warn analysts that growth will be slowing for the software company, yet no one ever seems to believe them. The main reason Microsoft's warnings are not heeded is that every year the company far exceeds analyst's expectations for it. In order to continue to grow at its current pace, a company the size of Microsoft constantly requires new and bigger markets. The corporate market was one such opportunity, for Microsoft to expand the demand for its robust operating system, Windows NT as well as Back Office, a business application suite and SQL Server, a network data base program.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1997
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Novell net more than doubled in first quarter
Article Abstract:
Novell Inc. attributes its Directory technology for its first quarter earnings that are more than double the same period last year. Its success may be due to the fact that Microsoft doesn't yet have a comparable product for Windows NT. Earnings for the quarter ended 1/31/99 were $29 million, compared with 1998's $14 million.
Comment:
Netware 5.0 with Directory technology may be the reason for growth
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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