Microsoft shows off and shows caution
Seattle Times | at | by Mike
Microsoft gave Chairman Bill Gates an early gift for his 50th birthday today - quarterly earnings of 29 cents a share, worth $295,691,311 to Gates, the company's largest individual shareholder.
Gates is expected to celebrate with a party tonight at his Medina mansion, but other Microsoft investors are still waiting for the financial blowout. On Thursday, Microsoft reported earnings slightly better than Wall Street expected, but some analysts had hoped for more after personal-computer sales soared during the back-to-school season.