Microsoft’s 18% Growth Disappoints Wall Street

Google wasn’t the only one reporting second quarter revenues yesterday. Microsoft also dished, though they label the same period as their fiscal fourth quarter.

The software giant made $15.84 billion last quarter, up 18% over the same quarter last year. Annual revenue was $60.42 billion, which was also up 18% over the year prior.

The growth rate is not good enough for Wall Street, however, as the stock was down nearly 5% at the time of this post. Analysts see Microsoft as struggling in a weak economy.

If making $15.84 billion in three months is struggling, then I want to suffer!

Related Reading:
Microsoft Earnings Key Takeaways: Where’s the Search?

Related reading

Robot sitting on a bunch of books. Contains clipping path
A picture of the 'Springfield Shopper' newspaper from The Simpsons, bearing the headline "LOCAL MAN LOSES PANTS, LIFE"
A screenshot of visual search on Pinterest. On the left is a picture of a copper angle-poise lamp, with the words 'Visually similar results' above it. Down the right-hand side are a number of pins showing similar lamps.
Simple Share Buttons