Will Windows 7 boost Microsoft earnings?

InternetNews | at | by Mike

Microsoft may deliver a tardy but welcome holiday present when the company reports revenues and earnings for its second quarter of fiscal 2010 on Thursday.

A consensus survey of financial analysts by Thomson Financial found the average figures they believe Microsoft will report will be earnings per share of $0.59 for the quarter, a significant jump from a year ago, when the company brought in EPS of $0.47.

That figure is based on analysts' average revenue predictions of $17.8 billion for the quarter, up from $16.6 billion in the year-ago quarter.