(ip-192.com): Not meeting quarterly revenue expectations by US$1 billion is not too bad – if you are Microsoft. "I can't say it's good. We're still down. But on a relative basis, it was a reasonable year, given the context of the environment," so Chris Liddell, Microsoft's chief financial officer.
The comment followed last week’s announcement of fourth-quarter revenue of US$13.1 billion, while analysts were expecting $14.37 billion.
At the company's annual financial analysts meeting, Liddell and Microsoft CEO Steve Ballmer tried to distinguish between the aspects of the company's performance that it could control and those it could not. The numbers of PCs that consumers buy is out of Microsoft's control, according to Ballmer.
In areas that it can control, such as managing operating expenses, Microsoft did very well, so Liddell. "We had great discipline around things that we can control."
Microsoft announced in January that it would cut 5.000 jobs over the next 18 months.
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