Microsoft Corporation (MSFT)'s ‘Sloppiest Quarter In Memory’: Citi

Microsoft Corporation (MSFT)'s ‘Sloppiest Quarter In Memory’: Citi: "poration (NASDAQ:MSFT) revenue numbers were not so impressive at $19.9 billion, which were below the Citi Research’s expectation of $20.6 billion and The Street’s expectation of $20.7 billion. Primary reason for the downfall of the revenue was Windows segment, “with Surface, not OEM appearing to be the culprit,” says a report from Citi."

Numbers below estimates

Revenue reaped from Server and Tools, and MBD revenue was less than the Citi expectations. Earnings per share came in at $0.56, which was less than the Street expectations of $0.78. Corporate PC was in better position than consumer PC. Unearned revenue came in at $22.4 more than Citi Research’s expectation of $22.1 billion and Street’s expectation of 21.5 billion, reflecting strong performance of annuity business.

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