Ballmer cites Microsoft's plans in weak economy

MCP Magazine | at | by Mike

Microsoft on Tuesday provided a strategic update at a financial analyst meeting in New York, describing prospects for the company's second half of the fiscal year, which ends in June. Executives suggested that the bad economy would shadow all of Microsoft's business segments.

Chris Liddell, Microsoft's senior vice president and chief financial officer, cited deteriorating PC sales, a deteriorating situation on the server side and a gloomy outlook for Microsoft's online search business as ad sales come under pressure.