Menu
Microsoft puts positive spin on sales drop

Microsoft puts positive spin on sales drop

Executives at an analyst conference argued that the company's performance has been relatively good

Microsoft executives put a rosy glow on the company's prospects and performance at the company's annual financial analysts meeting, despite a recent quarterly report that fell short of revenue expectations by US$1 billion.

"I can't say it's good. We're still down. But on a relative basis, it was a reasonable year, given the context of the environment," said Chris Liddell, Microsoft's chief financial officer.

Last week, Microsoft reported fourth-quarter revenue of US$13.1 billion, while analysts were expecting $14.37 billion.

Liddell and CEO Steve Ballmer tried to distinguish between the aspects of the company's performance that it could control and those it could not. For example, the numbers of PCs that consumers buy is out of Microsoft's control, Ballmer said.

But the company did well in areas that it can control, such as managing operating expenses, Liddell said. "We had great discipline around things that we can control," he said.

Toward the end of the day, with a handful of the top executives on stage, Ballmer let slip his characteristic exuberance after an analyst asked him for sales guidance. He referred to a recent company sales meeting where "people were pumped, man," about the lineup of new Microsoft products.

"We have great prospects on the map, but I'm not going to give you sales guidance or Chris [Liddell] won't let me come to [the financial analysts meeting] next year," he joked. "But I hope you don't sense a lack of enthusiasm."

His optimism was clear, but what's not yet clear is whether that will translate into improved results at the company.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments