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[sonycowboy]

Presumably, they'll give us an update on the Xbox business. Should be interesting. The earnings webcast should begin @ 5:30PST.

 

[akascream]

I'm confused. It's an Xbox update and they will be talking about earnings? :scratch

 

[human5892]

I'm confused. It's an Xbox update and they will be talking about earnings? :scratch

Hahaha. Zing!

 

[explodet]

All the buzz I'm hearing about Microsoft is about the ginormous shareholder payout / stock buyback. Will be interesting to see what Xbox tidbits are available.

 

[sonycowboy]

All the buzz I'm hearing about Microsoft is about the ginormous shareholder payout / stock buyback. Will be interesting to see what Xbox tidbits are available.

Well, $75 billion dollars will tend to distract people.

 

[Lazy8s]

Distract them from higher revenues?

 

[SyNapSe]

They could have used that 75 billion to purchase like 50 million Xboxen! Teh userbase!

 

[sonycowboy]

Webcast coming soon.

The company also announced revenue of $36.84 billion for the fiscal year ended June 30, 2004, a 14% increase over the $32.19 billion reported last year. Net income for fiscal year 2004 was $8.17 billion.

Webcast Details

Microsoft will hold an audio webcast at 2:30 p.m. PDT (5:30 p.m. EDT) today with John Connors, chief financial officer, and Scott Di Valerio, corporate controller, to discuss details regarding the company's performance for the quarter and other forward-looking information. The session may be accessed at http://www.microsoft.com/msft . The webcast will be available for replay through the close of business on July 22, 2005.