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MICROSOFT 2Q: NO DYNAMICS DETAILS

For the first time since Microsoft got into the mid-market accounting software game, it had an earnings report in which no numbers were issued regarding Dynamics. In the information released regarding the second quarter ended December 31 it was said that Dynamics CRM is experiencing double-digit growth and CRM Online is hot, which I don’t doubt. But there were no details. For several years, the earnings and operating profit of Microsoft Business Solutions was reported. Then a couple of years ago, MBS was assumed into Microsoft Business Division. However, at least the report was whatever percentage change up or down in Dynamics bookings.
Just to make sure, I downloaded the transcript of the earnings call and performed a word search, but I didn’t miss the numbers. They weren’t there. The company was so busy spinning how great everything was selling. Given the puff, I was looking for double-digit increases everywhere, especially with how well Kinnect is doing. For a while, I missed the fact that earnings were down, falling to $6.634 billion from $6.662 billion. Revenue rose to $19,953 billion, up 4.9 percent from $19,022 in last year’s corresponding period. I had the feeling I’d paid my money to go into the tent and see the bearded lady. Not bad in this economy, but the results didn’t live up to the informercial-paced tone of the Webcast “Wow, I can’t believe it does all that. Tell me, what else does it do."
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