Rob Enderle was bullish on MSFT stock hours before Microsoft reported its worst quarter in 23 years

Thu, Jul 30, 2009

Finance, News

Last week, Microsoft reported disappointing earnings, missed 4Q analyst estimates, and saw their profits fall by a staggering 29%.

A few hours earlier, everyone’s favorite “analyst”, Rob Enderle, appeared on CNBC and was particularly bullish about Microsoft’s financial prospects.

“I’m expecting some really good news in terms of outlook for [Microsoft]. They just released their Windows 7 to manufacturing—which means they’re on track to release it by the fourth quarter—and R2, their second generation of their current generation servers come out and that’s typically a big revenue generator for the firm.”

I guess there are 3 things you can count on in life.  Death, taxes, and Rob Enderle being wrong.


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