14 DAY TRIAL // Microsoft reported revenues of $24.52 billion (€17.9 billion) and net income of $6.56 billion (€4.79 billion) for the second quarter of fiscal year 2014, exceeding analysts’ estimates and posting a big profit which confirms that the company is going in the right direction.
Analysts, on the other hand, believe that Microsoft has easily managed to beat all its rivals in the enterprise sector, which is just living proof that Redmond actually adopted the right strategy and its migration to devices and services is already showing positive signs.
“They continue to defy the skeptics,” Brent Thill, an analyst at UBS AG in San Francisco, told Bloomberg in a short statement. “This company is outpacing every other large-cap enterprise company by miles. They’re doing the right things. The last part of this is you have to get the right head coach.”
Microsoft in the meantime continues the search for a new CEO that would complete the One Transformation plan started by Steve Ballmer in mid-2013, but an announcement on this is expected in just a few weeks.