<< Read Full Article

TechWeek: Microsoft Muddies the Waters

Stock quotes in this article: MSFT , CRM , DELL , CSCO , CA , MER  

Be careful what you wish for. You might get it.

Microsoft(MSFT Quote) CEO Steve Ballmer wanted Wall Street to ratchet down its revenue expectations for Vista, the new version of Windows. So in an unusual midquarter analyst meeting Thursday, he told investors that some projections for the operating system were "overly aggressive."

Wall Street took his comments to heart and promptly knocked more than 2% off the value of Microsoft's shares (and a cool $7 billion in market cap), the biggest one-day drop in about nine months. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,464.40 1,110.63 2,176.05 32.79
Oil *
77.05
UP
30.69
UP
4.98
UP
6.87
DOWN
0.38
10 Yr
3.28%
SPDR Gold
116.62
+0.29%
+0.45%
+0.32%
-1.15%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services