Linked by Thom Holwerda on Fri 28th Apr 2006 20:56 UTC
Microsoft said the weaker earnings came as it invests money in its services push and also as it tries to ramp up production of the Xbox 360 games console. Microsoft on Thursday reported third-quarter sales and earnings that were below what some analysts were expecting, and said future earnings will be dented as it aims to boost its Windows Live Internet services and other new businesses.
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Member since:
2005-07-06
The stock was at $24.30 in October last year. Their stock has been cycling between $23 and $29 for the last 4 years.
The stock market this year seems to be selling off like mad at any sign they might not get their divedends