Category: Markets / Finance / July 18, 2014 2:18 PM EDT
Microsoft Corporation (NASDAQ:MSFT) on Tuesday is expected to report fourth quarter earnings of 60 cents per share on revenue of $23 billion, compared with a profit of 66 cents a share on revenue of $19.93 billion in the year-ago period.
Keith Bliss, senior vice president and director of sales & marketing at Cuttone & Co., Inc., weighs in on technology earnings from Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Facebook Inc. (NASDAQ:FB) and Amazon.com Inc. (NASDAQ:AMZN).
Microsoft on Thursday announced it would cut up to 18,000 jobs over the next year, or about 14 percent of the software giant’s workforce.
Shares of Microsoft are currently trading around $44.39.