[Am-info] Microsoft profits push higher
John J. Urbaniak
jjurban@attglobal.net
Fri, 24 Oct 2003 06:21:55 -0400
As far as I'm concerned, *all* of Microsoft's revenue is "unearned."
John
Erick Andrews wrote:
> I wonder if this is just more of MS's "cookie jar" accounting?
>
> ------------------------------------------------------------------------------------
>
> "The world's biggest software maker, Microsoft, has reported a 6% increase
> in quarterly profits."
>
> ...
>
> "But Microsoft stock was sharply down in after-hours trading, as traders
> digested the numbers.
>
> "Some investors were concerned that the company had signed far fewer
> new contracts with corporate customers than it expected, hitting its
> "unearned revenue" figures."
>
> ...
>
> ------------------------------------------------------------------------------------
> http://news.bbc.co.uk/2/hi/business/3209579.stm
>
> --
> Erick Andrews
>
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