Microsoft released its Q4 earning today (MS starts its fiscal year in July, think Q2 2013) with revenue of 4.97 on $19.90 in revenue giving an EPS (earning per share) of $0.59.  Microsoft took a $900 million (nearly $1 billion) charge on SurfaceRT due to a price reduction on the tablet and inventory adjustment on associated accessories.  If you exclude that charge MS would have had a $0.07 EPS increase ($0.65 EPS overall). Regardless, Wall Street was extremely disappointed with the number and Microsoft’s stock tumbled nearly 7% (quite significant in terms of stock) in after hours trading.  The consensus among analysts was an EPS of $0.75 with almost $21 billion in revenue.  Unrealistic, yes, but expectations are expectations. No GAAP (generally accepted accounting principles) numbers are: “While our fourth quarter results were impacted by the decline in the PC market, we continue to see strong demand for our enterprise and ...

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