Microsoft Will Need A Monster Third Quarter To Top Apple In Revenue - The Business Insider

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Microsoft Will Need A Monster Third Quarter To Top Apple In Revenue 1 comment

Jul 23, 2010 11:47 AM | about stocks: MSFT, AAPL

Anxious Apple watchers who thought the company would deliver bigger quarterly sales than Microsoft for the first time in a long time, are just going to have to wait a few more months.
Last night Microsoft blew away expectations with $16.04 billion in sales, versus Apple's $15.7 billion for the same period. This quarter, we should see Apple's sales smoke Microsoft.

Jefferies analyst Katherine Egbert is forecasting $16.8 billion in revenue for Microsoft's current quarter. A big number, but well below Apple's $18 billion in guidance, and Apple usually offers conservative guidance.

Unless something drastically changes in the coming months, Apple will have bigger quarterly sales by quite a bit than Microsoft.

Why does this matter? Like it or not Microsoft bulls, it's a mindshare game. The bigger Apple grows, the more doubts form about Microsoft's future.

Read more: http://www.businessinsider.com/microsoft-will-need-a-monster-quarter-to-top-apple-in-revenue-2010-7#ixzz0uWMFaEmC

Disclosure: No Positions
Themes: Microsoft, Earnings, Apple Stocks: MSFT, AAPL

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