Microsoft walks the downturn-messaging tightrope
Is Microsoft poised to join other tech vendors in announcing dismal second quarter earnings or is the company going to yet again manage to meet or beat its traditionally conservative guidance (this time against seemingly impossible odds)?
More and more Wall Street analysts are revising their Microsoft earnings projections downward, noting that almost every tech vendor is falling on hard times in this economy. But Microsoft management is offering mixed messages about the company’s prospects.
Bob Muglia, the head of Microsoft’s Server and Tools Unit, told News.com this week that IT budgets are “cramped,” and that server growth is in the one- to two-percent range.