Microsoft (MSFT): Recession Proof?
March 3, 2008 by Douglas A. McIntyreMicrosoft (NASDAQ: MSFT) has not felt the impact of slower spending. Software must be sitting outside the vortex which is dragging the rest of the economy under.
Redmond’s CFO says that the company’s geogaphic diversity has helped. "We certainly are conscious of the fact we might see some economic slowdown, but overall, our business hasn’t been substantially impacted to date," Chris Liddell said according to Reuters. Somewhere over the rainbow things may be getting worse, but Microsoft is at least hinting that its business may continue to grow even in a downturn.
There is some sense sense to it. Vista is still young enough to have legs. PC sales are still expected to grow low double digits worldwide. Companies like Oracle (NASDAQ: ORCL) and SAP (NYSE: SAP) have not indicated that they are being dragged under, so Microsoft’s Office and other enterprise sectors may be moving along just fine.
There is, of course, the Xbox 360. No on can weather a recession without one.
Douglas A. McIntyre
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