BANZAI7 NEWS--On Thursday, the world’s largest software company reported its worst fiscal year since it initially sold stock to the public in 1986. Year-over-year revenue and full-year sales of Microsoft’s flagship Windows software dropped for the first time.
“Clearly, Microsoft is not immune to the economic downturn,” said Brendan Barnicle, a pirate with Pacific Crest Securities.
Many prominent companies tied to the PC industry have watched about one-fourth of their revenue vanish as business customers in particular have scaled back new PC purchases.
More good news to send the markets soaring. Don't worry about that missing one fourth of revenue fellas, its in good hands.
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