Late word is out the Microsoft’s CFO sees great things ahead. Revenue growth for fiscal 2007 will be as high as 15%. And, the new Vista OS. He also said look for Xbox sales to hit 10 million before Christmas.
Sales in emerging markets such as India and China will help push MSFT revenue up (provided Vista is not boarded by cyber-pirates).
As Microsoft confirms it targets, as Xbox sales rise, and as the company renews its commitment to increasing revenue at its online business (even if it has to spend to get there), for the first time in a long time, the company is setting our ambitious goals–and achieving them.
Even through the stock is up to $30 now, a great run, it is still down from $35 five years ago.
But, that could change
Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
