We hoped that March would be back on track and strong enough to bail out the quarter, but it doesn't look like it got there fast enough to really allow this company to climb out of the hole they dug themselves in for January and February.
More Quotes from Rick Sherlund:
Microsoft's management has not changed its posture on the quarter, but we believe recent data suggests that Street estimates may need to come down,Rick Sherlund
We trimmed estimates last week to reflect even more sluggish PC demand, the potential for slower server growth and slower on-line advertising for MSN,
Rick Sherlund
Microsoft cannot easily be broken up. It is a unitary company with one management team, one headquarters, one set of sales and marketing offices, one sales force, one product support organization, one basic research unit, etc.
Rick Sherlund
We have over 100 civil actions already filed. There's concern that this gives them some leverage going forward.
Rick Sherlund
This effectively takes the wind out of the sails of investor sentiment at a time when investors were beginning to warm up to the prospects for accelerating earnings momentum.
Rick Sherlund
I think the Street's trying to figure out what is the long-term growth rate here,
Rick Sherlund
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