Science and Technology Science and Technology
Wed, February 25, 2009
[ Wed, Feb 25th 2009 ] - Market Wire
Worldwide Survey of VMware Customers Finds Cost Savings and Business Continuity as Top Priorities
[ Wed, Feb 25th 2009 ] - Market Wire
Invensys Process Systems: IPS Brings Immersive Virtual Reality Process to Life
[ Wed, Feb 25th 2009 ] - Market Wire
Clearpace Software and DataDirect Technologies Partner on Archive Repository Application
Tue, February 24, 2009
[ Tue, Feb 24th 2009 ] - Market Wire
IBM: IBM Academic Program for System z Enterprise .. w Deployed at Approximately 550 Schools Worldwide
[ Tue, Feb 24th 2009 ] - Market Wire
IBM: IBM Joins EDISON Project to Build Smart Grid for Electric Cars
[ Tue, Feb 24th 2009 ] - Market Wire
IBM: IBM Tops in Server Hardware in 2008
[ Tue, Feb 24th 2009 ] - Market Wire
IBM: IBM Sheds New Light on the Smart Energy Consumer
[ Tue, Feb 24th 2009 ] - Market Wire
Omniture: Omniture to Present at the Morgan Stanley Technology Conference
[ Tue, Feb 24th 2009 ] - Market Wire
Supermicro Demos SuperBlade Solutions at VMworld Europe
[ Tue, Feb 24th 2009 ] - Market Wire
Kulicke & Soffa Extends Expiration Date for Tende .. its 1.0% Convertible Subordinated Notes Due 2010
[ Tue, Feb 24th 2009 ] - Market Wire
Synergx Systems Inc. : Synergx Systems Inc. Recei .. es Nasdaq Audit Committee Deficiency Notification
[ Tue, Feb 24th 2009 ] - Market Wire
Websense, Inc.: Everything Channel's CRN Names Websense Executive Channel Chief
[ Tue, Feb 24th 2009 ] - Market Wire
Internet America Terminates Proposed Merger with KeyOn Communications
[ Tue, Feb 24th 2009 ] - Market Wire
Gmarket: Gmarket Reports Fourth Quarter and Full Year 2008 Financial Results
[ Tue, Feb 24th 2009 ] - Market Wire
HP and Sun Microsystems to Announce Partnership Agreement During Live Audio Webcasts
[ Tue, Feb 24th 2009 ] - Market Wire
Merge Healthcare Brings Cost and Time Savings to Orthopaedic Surgical Planning
[ Tue, Feb 24th 2009 ] - Market Wire
Centennial Communications Corporation: Centennial .. munications Stockholders Approve Merger With AT&T
[ Tue, Feb 24th 2009 ] - Market Wire
First SolarPasses $1 Per Watt Industry Milestone
[ Tue, Feb 24th 2009 ] - Market Wire
First Solar unterschreitet Produktionskosten von 1 US$/Watt
[ Tue, Feb 24th 2009 ] - Market Wire
Owners Research Group Announces Initiation of Inv .. s Survey for California Micro Devices Corporation
[ Tue, Feb 24th 2009 ] - Market Wire
BTU International Receives $2 Million Order for Thin Film Solar Equipment
[ Tue, Feb 24th 2009 ] - Market Wire
Mindspeed Technologies: Leading Proxy Advisor Rec .. ders Support Management's Nominees and Other Mana
[ Tue, Feb 24th 2009 ] - Market Wire
BTU International Reports Fourth Quarter and Fiscal Year 2008 Results
[ Tue, Feb 24th 2009 ] - Market Wire
Unify Reports Fiscal 2009 Third Quarter Results
[ Tue, Feb 24th 2009 ] - Market Wire
Verigy to Present at the Morgan Stanley Technology Conference
[ Tue, Feb 24th 2009 ] - Market Wire
Bruker Announces Opening of Expanded, State-of-th .. ons and Demonstration Facility in Yokohama, Japan
[ Tue, Feb 24th 2009 ] - Market Wire
Applied Signal Technology, Inc. Announces Strong First Quarter Operating Results
[ Tue, Feb 24th 2009 ] - Market Wire
FalconStor Enables Zero-Impact Backups with VMware Consolidated Backup
[ Tue, Feb 24th 2009 ] - Market Wire
Juniper Networks Outlines Vision and Strategy to Develop Next Generation Data Center Fabric
[ Tue, Feb 24th 2009 ] - Market Wire
Schaeffer's Market Blog: Microsoft CEO Steve Ballmer Reiterates Weak Guidance, Slams Jerry Yang

Schaeffer's Market Blog: Microsoft CEO Steve Ballmer Reiterates Weak Guidance, Slams Jerry Yang


Published on 2009-02-24 11:52:02, Last Modified on 2009-02-24 11:52:30 - Market Wire
  Print publication without navigation


CINCINNATI--([ BUSINESS WIRE ])--Microsoft Corporation (NASDAQ: MSFT) fell today to its lowest price since January 1998, after CEO Steve Ballmer warned that challenging market conditions will persist through the second half of 2009. "I think the economy will be relatively weak for a relatively long time," predicted Ballmer, speaking at a financial analysts' meeting in New York.

Specifically, the software giant expects its second-half earnings and revenue will decline on a year-over-year basis, and Ballmer said he's continuing to manage costs carefully -- though he's wary of cutting the budget too deeply, for fear of hampering innovation.

To continue reading this article, click here: [ http://www.schaeffersresearch.com/commentary/content/microsoft+ceo+steve+ballmer+reiterates+weak+guidance+slams+jerry+yang/optionbytes.aspx?single=true&byteID=91361#91361"&source=businesswire ]

Contributing Sources