2011 challenging for Microsoft: Goldman Sachs
By siliconindia   |   Tuesday, 14 December 2010, 19:33 IST   |    1 Comments
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2011 challenging for Microsoft: Goldman Sachs
Bangalore: During the last fiscal quarter, Microsoft was successful in pulling in $5.41 billion in net income, on revenue of $16.2 billion. The company also saw a 13 percent growth in sales, taking into account a deferral of revenue ahead of the release of Windows 7. Goldman Sachs, an investment and well-known analyst firm, said that Microsoft would see slowed revenue growth next year as long as it 'maintains the status quo' with its current attitude toward tablet computers. Research note says that Microsoft is due for a "more challenging year" and that the company's top-line growth could slow from 12 percent this year to 7 percent next year. Now, the Wall Street's confidence in Microsoft for next year has taken a hit, with what Goldman Sachs is attributing to the software giant's approach in both tablet PCs and mobile phones. Microsoft faces a growing threat from tablet computers, smaller touch-screen devices that run stripped operating systems and are more geared toward content consumption rather than creation. The research note said, "A tablet response is still not forthcoming and our early read on Windows Phone 7 has not yet changed our view that Microsoft's share in mobile OSes will remain at only the single-digit level."

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