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Microsoft Tumbles Despite Beating Across The Board

• https://www.zerohedge.com by Tyler Durden

But instead what one would find is an inexplicable plunge of 6% which can only be attributed to someone bearishly positioned and slamming the stock after hours in hopes of setting a narrative that MSFT's beat wasn't strong enough.

Here is what the company reported for Q4:

Revenue $51.73 billion, +20% y/y, beating estimates of $50.87 billion

EPS $2.48 vs. $2.03 y/y, beating estimates of $2.31

Operating income $22.25 billion, +9.9% q/q, beating the estimate $21.06 billion

Capital expenditure $5.87 billion, +41% y/y, beating estimates $5.83 billion


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