Microsoft 3Q in the Tank

For those that don’t know Microsoft they do not follow a calendar year. Hence Jan-Mar is their 3Q. Regardless it is dismal for Uncle Bill. Profit is off 11% same period last year. Which begs the question is the downturn a reflection of dismal Vista or stupid Yahoo?

Regardless Microsoft is feeling the squeeze. Gross revenues were up a little over a Billion but net margin was down. Delivery of product is becoming harder to do. Couple that with the fact that they can no longer call the shots on standards like they used to in the late 80’s.

More on the financials here.