[plug] Fwd: [CS-FSLUG] MickySoft's finances.
Leon Brooks
leon at brooks.fdns.net
Wed May 8 08:26:00 WST 2002
`And they said it'd never happen'...
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Subject: [CS-FSLUG] MickySoft's finances.
Date: Tue, 7 May 2002 19:43:47 -0400
From: "Fred A. Miller" <fmiller at lightlink.com>
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http://money.cnn.com/2002/04/12/pf/agenda_msft/index.htm
Revenue growth has slowed. Margins have narrowed. Until its fiscal 2000,
the company had never posted annual operating income gains in the single
digits. Now that's happened 2 years in a row.
While some of Microsoft's slide can be attributed to the recession, there
is clearly something more fundamental at work. The company averaged 30.5
percent annual sales growth and 37 percent annual earnings growth over the
past decade, but many Wall Street analysts now predict growth no better
than the low to mid-teens for the foreseeable future.
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Cheers; Leon
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