Microsoft Corporation (NASDAQ:MSFT) Reveals Its Quarter Results Ended June 30 With Weak Earnings

Denver, CO, 07/19/2013 (Avauncer.com) – Shares of Microsoft Corporation (NASDAQ:MSFT) plummeted 0.84% to close at $35.44 in its previous trading session. This however remained at the higher end of its 52 week price band of $26.26 to $36.43. Also, shares remained heavily traded, with 49.55 million shares exchanging hands, compared to its average volume of 40.78 million shares.

This was in the backdrop of company revealing its quarter ending results ending June 30, reporting earnings of $0.59 per share, at the back of revenues of $19.9 billion. However, the market estimates had been pegged at 75 cents per share, with revenue of $20.7 billion. The same quarter in the previous year witnessed an EPS of 73 cents. The future prospects for Microsoft have become all the more unstable, though investors have seemed to have confidence in the company.

The main problem with Microsoft seems to be its inability to advent well before in the tablets and smartphone sector. Also, it has been trying to make ends meet when it comes to both hardware and software products. The company is now bogged down by its own size, rather than taking advantage if its scale efficiency.

On the positive side, the company has just fared well in launching its Windows 8 that has witnessed a strong adoption rates, and one which also had a low criticism rate as compared to its other product launch. The only challenge which lies ahead of the company is if it can successfully implement the use of its Windows 8 on tablets and other convertible devices.

The company has not only been facing adversaries only out of a PC decline, but has also faced challenges in its gaming consoles segment too. Also, innovative products such as Google docs have also taken a toll on the Office candidate of Microsoft.

The coming year is year of transition, and if the company sails through it, it shall see itself again as the leader in computing industry.