We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,258 News Articles

Microsoft exudes confidence

The best is yet to come, says software giant

Microsoft put on a 10-hour version of its "the best is yet to come" commercials for the financial markets last week.

Nothing seemed to dampen the spirits of Microsoft executives at Thursday's Financial Analysts Conference.

They bragged about strong earnings, expressed confidence that the government's antitrust case would be thrown out on appeal, pointed to ever-increasing employee rolls, and even dismissed a recent exodus of top executives as what President and CEO Steve Ballmer called "cleansing and cathartic."

"These guys are all sunshine today, but the reality is they're facing a lot of challenges," said one Wall Street analyst who, in light of Microsoft's "no comment" policy at the event, requested anonymity.

"There is a compelling antitrust argument against them, fiscal growth was slower last [fiscal] year, and .NET is far away from fruition."

"Exuding confidence is one of the things Microsoft does best," the analyst said. "Some of that comes from being supremely confident, and some of that comes from knowing that you always, always have to put your best face forward in public."

The strategy will open new market opportunities, such as increased sales of mobile devices and related software, the company stressed, and it doesn’t expect to see its revenues hurt by the transition to a model that sees software sold over the Internet on a subscription basis.

IDG UK Sites

Apple promises developers better stability, performance for Swift

IDG UK Sites

5 things we hate about MWC: What it's like to be a journalist at a technology trade show

IDG UK Sites

Interview: Lauren Currie aims to help design students bridge skills gap

IDG UK Sites

12in Retina MacBook Air release date rumours: new MacBook Air to have fingerprint ID, could launch...