February 16, 2009 / 4:21 PM / 11 years ago

Microsoft sees sales impact from economy: CEO

Microsoft CEO Steve Ballmer speaks during a news conference at Mobile World Congress in Barcelona, February 16, 2009. The GSMA represents the interests of the worldwide mobile communications industry. REUTERS/Albert Gea

BARCELONA (Reuters) - Microsoft’s (MSFT.O) revenues will be impacted by the economic slowdown, Chief Executive Steve Ballmer said on Monday.

“Revenues in our industry, and in our company, will be affected by the economic conditions,” Ballmer said in an interview with Reuters TV on sidelines of Mobile World Congress trade show in Barcelona.

On Jan 22 Microsoft stunned Wall Street with disappointing results that included plans to slash up to 5,000 jobs and a warning that profit and revenue will almost certainly drop over the next two quarters.

Reporting by Tarmo Virki; Editing by David Cowell

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below