Rick Sherlund
Rick Sherlund
cloud department horizon justice
The big cloud on the horizon has been the Department of Justice lawsuit,
billion cents company estimates remains revenue september
The company remains comfortable with our revenue and EPS estimates of $5.65 billion and 41 cents for the September quarter.
direction economy gain longer moving taking tech
The macro economy in the U.S. is moving in the right direction, but it is taking longer to gain traction in the tech sector.
affected certainly
It certainly rippled through and affected a lot of companies.
asking biggest block consumer delay department given justice
I think the biggest impact, were there a delay, would be on the consumer sector, but given that the Department of Justice is not asking to block the launch, it doesn't look like there'll be much of an impact.
becoming cloud department engage horizon justice longer possible
I think the big cloud on the horizon has been the Department of Justice lawsuit, but I'm becoming more optimistic, the longer they engage in negotiations, that a settlement may be possible here,
appear clear disrupted shipments supply xbox
It is clear that something disrupted the supply of Xbox 360 shipments in the quarter. There does not appear to be any end-of-year catch-up in shipments.
massive open stock
I think that would take the stock down a lot. It would open them up to massive follow-on litigation.
bad cycle flowing harmful investors looking next product rewards stock surprise year
It's bad to surprise the Street. It's harmful to the stock because investors are looking for the rewards of this big product cycle next year flowing through to earnings.
clear constraint supply
It's not clear what the constraint on supply is.
basic broken cannot company easily management marketing microsoft product research sales support
Microsoft cannot easily be broken up. It is a unitary company with one management team, one headquarters, one set of sales and marketing offices, one sales force, one product support organization, one basic research unit, etc.
believe bit group likely oracle quarter rest results september shy software
Extrapolating from Oracle as a bellwether for the rest of the software sector, we believe the September quarter results for the group will likely come in a bit shy of estimates,
companies difficult given oracle relief switch transition view
Given the difficult transition for other companies that have made the switch (to subscription accounting), we view this with some relief for Oracle stock.
believe changed data estimates management posture recent street
Microsoft's management has not changed its posture on the quarter, but we believe recent data suggests that Street estimates may need to come down,