Time for a financial-focused week. First is FY06Q4 results. Then the 7/27 Financial Analysts Meeting. If this kind of thing gets you excited, I certainly recommend showing up for the financial-themed Breakfast Series on 7/28.
I'm not expecting much news out of the Q4 results. I'm so overscheduled that I'm not going to have a chance to catch-up on the news analysis for a bit - when I can, I'll go through the comments here and other sites to round up the links. I'm certainly hoping not to be surprised. Before hand we went and hid - er - simplified our financial reporting. Surprise.
Pre-discussion of the earning results (really slim pickings as of my writing this...):
- Microsoft earnings today - Todd Bishop's Microsoft Blog @ SeattlePI.com - includes links to Reuters and Bloomberg News articles.
- Microsoft financials getting less transparent - Todd Bishop's Microsoft Blog @ SeattlePI.com
- Microsoft Hides Its Mobile and Business Apps Divisions
- Intel launches major reorganization CNET News.com - throwing that one in there just in hopes that something like that could be the result of our financial report one fine day.
Post-discussion earning results: buy-back? Looks like executive management decided that wasn't such a dumb idea.
- Microsoft Fourth Quarter FY 2006 Earnings Release - the main Microsoft release with links and data galore.
- Microsoft Monitor Microsoft Fiscal 2006, Q4 Results - always a good break-down from Mr. Wilcox.
- Microsoft 4Q06 results - Todd Bishop's Microsoft Blog @ SeattlePI.com - Mr. Bishop's summary.
- How Much Would a Vista Slip Cost Microsoft - Ms. Foley highlighting an answer we hopefully don't have to come back to rant about.
- idea 1 Huge MS Stock Buyback... - thread started by the awesome Niner Jamie.
A question that has come up in the comments so far about the buyback is the cap of $24.75:
Microsoft has capped the tender offer at 24.75. Does it mean that Microsoft's share price can't practically go over 24.75 until August 17th?
What happens if the stock price does go above 24.75? What happens to the 20 billion dollars put on this tender offer?
Personally? I weep a little with each Xbox 360 sold.