Microsoft Corporation (MSFT) - NASDAQ
  • Thu, Jul. 28, 6:03 PM
    • Microsoft (MSFT) announced in May it would reduce 1,850 jobs, mainly in its smartphone hardware and global sales divisions.
    • Today in the company's 10-K, Microsoft extends this reduction to include 2,850 more positions and forecasts the restructuring to be complete by the end of FY17.
    • In FY16, the company realized restructuring costs of $501M. It does not anticipate further charges related to these plans in upcoming years.
    | Thu, Jul. 28, 6:03 PM | 8 Comments
  • Tue, Jul. 26, 11:37 AM
    • Following last week's 2TB Xbox One S release date announcement, Microsoft (MSFT -0.1%confirms 1TB and 500GB models will be available on August 23.
    • There will be two bundled offerings; Xbox One S Madden NFL 17 Bundle (in a partnership with EA Sports) and Xbox One S Halo Collection Bundle.
    • The Halo bundle is to be released in 500GB and 1TB capacities while the Madden bundle is only to be offered with a 1TB hard drive.
    • The Madden package will cost $349 and the Halo packages will be priced at $299 and $349 for the 500GB and 1TB models, respectively.
    • From Microsoft: "We’re continuing to offer our fans the best choices to enjoy the games they want to play, with the people they want to play with and on the devices they want. Whether fans suit up as a Spartan or an NFL quarterback, we look forward to offering them the ultimate gaming and entertainment experiences on Xbox."
    | Tue, Jul. 26, 11:37 AM | 15 Comments
  • Sun, Jul. 24, 8:23 AM
    • Salesforce (NYSE:CRM) CEO Marc Benioff, who recently lost a bidding war for LinkedIn (NYSE:LNKD) to Microsoft (NASDAQ:MSFT), would have made a stronger bid for the social network had it continued talks with him after its call for final offers.
    • Persistent bidding by Salesforce - during the two months before LinkedIn's agreement to negotiate exclusively with Microsoft - ultimately raised the price of the deal by 22%, or $5B.
    | Sun, Jul. 24, 8:23 AM | 26 Comments
  • Fri, Jul. 22, 10:18 PM
    • Videogame spending fell 26% Y/Y in June, facing tough comparisons against strong launches in 2015 and with hardware making up most of the decline, according to NPD Group data.
    • Overall spending was $652.2M. Videogame hardware spending came to $181.5M -- down 42% as unit sales fell 32% and prices on average dropped 15%, the firm said.
    • NPD Group has begun adjusting its report to include point-of-sale info for digital game sales made via PlayStation Network, Xbox Store and Steam, to reflect a fast-growing portion of industry revenues. That means for now that Nintendo sales and mobile sales, as well as other PC stores like EA's Origin, are missing and not projected.
    • In software, both videogame and PC game software fell 20%, though last June featured strong launches like Batman: Arkham Knight. Overall sales (now including digital formats) came to $322M for consoles/portable and $27.8M for PC games including Steam.
    • Accessories fell 6%, and interactive gaming toys (the lead accessory type) fell by 21%, mitigated somewhat by a 6% growth in headsets/headphones.
    • In individual games (now ranked by dollar sales), despite the tough comps May launches had a good second month. Overwatch (NASDAQ:ATVI) continued to top the chart, followed by Grand Theft Auto V (NASDAQ:TTWO) and Lego Star Wars: The Force Awakens (NYSE:TWX). The inclusion of digital full-game sales game GTA V a new boost.
    • PlayStation 4 (NYSE:SNE) again was the top-selling console, over Xbox One (NASDAQ:MSFT) and Wii U (OTCPK:NTDOY).
    | Fri, Jul. 22, 10:18 PM | 32 Comments
  • Fri, Jul. 22, 3:53 PM
    • Microsoft (MSFT +1.2%adds automatic albums, "On this day", improved search, photo folders and most interestingly, a Poké detector to its cloud photo service.
    • Automatic albums populate based on time photos were taken and location. The service arranges the highest quality photos within these parameters accordingly.
    • "On this day" will surface previously taken photos based on date, similar to a service provided by Facebook.
    • Additional improvements include support for photo folders with large quantities of media in them and a Poké detector. This feature was built my Microsoft Research to automatically arrange Pokémon Go screenshots into the service while identifying, organizing and enabling search of 150 specific Pokémon.
    | Fri, Jul. 22, 3:53 PM | 7 Comments
  • Wed, Jul. 20, 2:51 PM
    • Nomura Securities restates a Buy rating on Microsoft (MSFT +6.3%) with a $65 price target (current price $56.60).
    • BMO Capital Markets restates an Outperform rating and a raised price target, $62 up from $57 and forecasts a free cash flow increase between 5-8% Y/Y over the next two years.
    • FBN Securities similarly raises its price target, $65 up from $55, and maintains an Outperform rating citing 109% and 59% revenue growth in cloud assets Azure and Office 365 Commercial, respectively.
    • Citi, not as impressed by the report. raises its price target to $40 from $37 but continues to maintain a Sell rating. Citi analyst Walter Pritchard is more concerned with sliding trend figures in Productivity and Business Process, commercial bookings and operating income as opposed to the company's touted cloud growth. Pritchard attributes lower-than-anticipated tax rates to the positive numbers and sees $5B in upcoming investment proceeds as contributing to boosted future earnings calls as well.
    | Wed, Jul. 20, 2:51 PM | 4 Comments
  • Wed, Jul. 20, 1:41 PM
    • Hot on yesterday's earnings release, Microsoft (MSFT +6.7%) announces its new Bookings service, an application customers can use to schedule appointments with businesses.
    • Businesses will have a unique web location where all communication and actions involving making an appointment will transpire.
    • Features confirmation, reminder, rescheduling and cancellation capabilities.
    • The service is in First Release presently for Office 365 Business Premium subscribers and will become available to Business Premium subscribers in upcoming months.
    | Wed, Jul. 20, 1:41 PM | 5 Comments
  • Tue, Jul. 19, 5:36 PM
    | Tue, Jul. 19, 5:36 PM | 5 Comments
  • Tue, Jul. 19, 5:08 PM
    • Reported $0.69 EPS vs. $0.58 expected and revenue of $22.6B vs. $22.1B expected.
    • Office 365 commercial revenue growth saw an increase of 54% while Office consumer products and cloud services revenue saw a 19% increase.
    • 23.1M Office 365 consumer subscribers.
    • Revenue for Azure, the company's enterprise cloud platform, increased by 102% with double the compute usage Y/Y.
    • Revenue derived from Surface devices grew 9%, citing Surface Pro 4 and Surface Book as catalysts.
    • Mobile phone revenue plummeted 71%.
    • MAUs for Xbox Live grew to 49M, a 33% increase Y/Y.
    • From CEO Satya Nadella: "This past year was pivotal in both our own transformation and in partnering with our customers who are navigating their own digital transformations. The Microsoft Cloud is seeing significant customer momentum and we’re well positioned to reach new opportunities in the year ahead."
    • With the company conceding last Friday it would not meet its own self imposed deadline to have Windows 10 running on 1B active devices, today's report further highlights Microsoft's transition from traditional software sales models to an increasing focus on cloud platforms and services.
    • Full release.
    • Conference call at 5:30 ET.
    • Presentation slides.
    • MSFT +2.95% in after hours trading.
    | Tue, Jul. 19, 5:08 PM | 29 Comments
  • Tue, Jul. 19, 4:09 PM
    • Microsoft (NASDAQ:MSFT): FQ4 EPS of $0.69 beats by $0.11.
    • Revenue of $22.6B (+1.9% Y/Y) beats by $460M.
    • Shares +4%.
    • Press Release
    | Tue, Jul. 19, 4:09 PM | 81 Comments
  • Mon, Jul. 18, 5:35 PM
    | Mon, Jul. 18, 5:35 PM | 1 Comment
  • Mon, Jul. 18, 3:44 PM
    • The Xbox One S is set for release by Microsoft (MSFT +0.5%) on August 2. Pre-orders are now being processed.
    • This redesigned and slimmer console will include 4K and HDR video support along with a newly modified Xbox Wireless Controller.
    • A 2TB model is presently available to pre-order at $399. 500GB and 1TB models are planned for release in December at price points of $299 and $349, respectively.
    | Mon, Jul. 18, 3:44 PM | 4 Comments
  • Mon, Jul. 18, 1:24 PM
    • Microsoft (MSFT +0.8%launches Stream, a video product geared for internal business and commercial purposes. It is being reported as having a feel similar to consumer video offerings such as YouTube and Vimeo with like, comment and recommendation features although with added security necessary for enterprise use.
    • Cases are being cited for internal organization communication use as well as training purposes.
    • Corporate VP of Business Intelligence Products Group James Phillips tells TechCrunch the service may support speech-to-text, advanced translations, face recognition and live streaming at some point in the future.
    • Enterprises will have the ability to flexibly and securely manage video rights and access.
    • A Microsoft Stream API will also be available, allowing developers to build out new uses for the platform.
    | Mon, Jul. 18, 1:24 PM | 1 Comment
  • Mon, Jul. 18, 12:23 PM
    • Boeing (BA +0.7%) intends to transition many of its commercial aviation applications into Microsoft's (MSFT +0.9%) Azure cloud.
    • Its portfolio of advanced analytics tools are currently used by more than 300 airlines worldwide to optimize operating efficiency.
    | Mon, Jul. 18, 12:23 PM | 13 Comments
  • Fri, Jul. 15, 3:20 PM
    • Microsoft (MSFT -0.4%claimed in April 2015 its Windows 10 operating system would be running on 1B active devices in two to three years.
    • Today the company is revising that timeline and attributing the setback to weakness in its mobile division.
    • In May of this year, Microsoft boasted 300M active devices running the software. A new schedule for achieving the 1B milestone has not been set.
    | Fri, Jul. 15, 3:20 PM | 13 Comments
  • Thu, Jul. 14, 1:08 PM
    • A federal appeals court has overturned a 2014 order requiring Microsoft (MSFT +0.5%) to hand over materials stored on servers in Dublin.
    • The ruling shields U.S.-based companies from warrants ordering requests for data stored outside of its borders.
    • Microsoft is one of the first companies in the U.S. to dispute demands to turn over information stored abroad with briefs filed in support by multiple peers ranging from Apple and Cisco to Gannett and Verizon.
    | Thu, Jul. 14, 1:08 PM
Company Description
Microsoft Corp. develops and markets software, services and hardware that deliver new opportunities, greater convenience and enhanced value to people's lives. The company's products include operating systems for computing devices, servers, phones, and other intelligent devices; server... More
Sector: Technology
Industry: Application Software
Country: United States