Microsoft to drop back on spending growth
C|Net | at | by Mike
Microsoft plans to grow its operating expenses next year, but it won't reach the $2.7 billion increase inked in for 2007, CEO Steve Ballmer told financial analysts on Thursday.
"I wouldn't expect a huge drop. Just a small drop is what you should have in mind," Ballmer said at a meeting with investors and financial analysts in New York.
He also cautioned that some analysts may be forecasting too much revenue growth in the Windows business associated with the launch of Vista. He noted that although Microsoft expects growth, more of it will come from consumers and in emerging markets--places where it gets less revenue.