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Microsoft's stock slides after dismal PC shipment reports

Gregg Keizer | April 12, 2013
Microsoft's stock took a beating in trading today after a pair of research firms said PC shipments in the first quarter were down as much as 14% from the year before.

Moorhead wasn't counting Microsoft dead and gone -- "The game is not over with," he said -- but neither was he overly optimistic. "So far, their prognosis doesn't look good at all."

Microsoft will hold its quarterly earnings call with Wall Street analysts next week, on April 18, starting at 2:30 p.m. PT, when it will reveal revenue figures.

Gregg Keizer covers Microsoft, security issues, Apple, Web browsers and general technology breaking news for Computerworld. Follow Gregg on Twitter at @gkeizer, on Google+ or subscribe to Gregg's RSS feed. His email address is gkeizer@computerworld.com.

See more by Gregg Keizer on Computerworld.com.

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