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9 Microsoft analysts sound off about the company's future

9 Microsoft analysts sound off about the company's future
Tech1 min read

Satya Nadella Microsoft

AP

Microsoft on Tuesday announced a mixed bag forth-quarter earnings and the stock price has been jumping up and down ever since in heavy trading.

It's currently down about 4%.

One big problem: Microsoft lowered its guidance for revenue for its next quarter (and implied a lowered guidance for profits too) - again.

This is the fourth consecutive quarter of lowered guidance, points out analyst Kevin Buttigieg from MKM Partners.

Microsoft's CFO Amy Hood expects Q1 of fiscal 2016 to come at $20.7-$21.3 billion when the street was looking for, on average, $22.7 billion.

There was the expected weakness in sales from a shrinking PC market, and some unexpected weak sales in commercial products to businesses.

The good news: Microsoft reported solid progress in the hot growth area of cloud computing. This contributed to an all-time high of $24.5 billion for off-balance-sheet revenues under contract but not yet billed, a spokesperson told Business Insider.

This morning, some analysts are believers, others are not convinced ...

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