News

Microsoft to Release Q4 Earnings

Microsoft is scheduled to discuss its earnings this evening for the fourth quarter of the 2002 fiscal year and for the entire year, which ended June 30.

The consensus of 24 financial analysts is for quarterly earnings per share of $0.417 and yearly earnings per share of $1.826, according to the Nasdaq Web site.

Microsoft shares were trading at $52.60 at mid-day, up a few points from the Wednesday close of $52, although the shares had also dipped below $52 in morning trading.

Microsoft's earnings statements come after IBM earnings statements that disclosed some weakness at Big Blue, and announcements of earnings-related layoffs at Siemens and Intel.

Check this URL later for more detail on Microsoft's earnings.

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

  • Windows 365 Cloud Apps Now Available for Public Preview

    Microsoft announced this week that Windows 365 Cloud Apps are now available for public preview. This aims to allow IT administrators to stream individual Windows applications from the cloud, removing the need to assign Cloud PCs to every user.

  • Report: Security Initiatives Can't Keep Pace with Cloud, AI Boom

    The increasingly fast adoption of hybrid, multicloud, and AI systems is easily outgrowing existing security measures, according to a recent global survey by the Cloud Security Alliance (CSA) and exposure management firm Tenable.

  • World Map Image

    Microsoft Taps Nebius in $17B AI Infrastructure Deal To Alleviate Cloud Strain

    Microsoft has signed a five-year, $17.4 billion agreement with Amsterdam-based Nebius Group to expand its AI computing capabilities through third-party GPU infrastructure.

  • Microsoft Brings Copilot AI Into Viva Engage

    Microsoft 365 Copilot in Viva Engage is now generally available, extending Copilot's AI-powered assistant capabilities deeper into the Viva platform.