Microsoft promises growth
Seattle PI | at | by Mike
If merely saying "grow" were enough to make it happen, Microsoft might have tripled its size in the span of a few minutes yesterday.
Microsoft Chief Executive Steve Ballmer uttered the word or some variation 60 times during a 35-minute presentation. Other Microsoft executives echoed him repeatedly throughout the day, trying to persuade Wall Street analysts to embrace the company's view that it can boost revenue and profits.
Speaking yesterday at Microsoft's annual meeting with financial analysts, Ballmer acknowledged that many who follow the software company don't share his optimism. Microsoft's recently completed fiscal year brought the lowest revenue growth in the company's history, while younger rivals such as Google grow at a much faster pace.