Microsoft says PC environment weak, unchanged
Reuters | at | by Mike
Microsoft said on Thursday that it expected sales of personal computers, most of which run software from the world's top software maker, would grow slightly in the first half of the year and that conditions remained soft. "We're looking for PC shipments in the low- to mid-single digits for the fiscal year," chief financial officer John Connors told a conference call, referring to the end of Microsoft's current fiscal year at the end of June.
"Our view continues to be that there has not been much change in the health of the PC ecosystem, where things have continued to be soft," Connors said. Earlier, Microsoft announced its first-ever dividend and a two-for-one stock split as it posted quarterly earnings that edged past Wall Street expectations on higher revenues.