IT environment better in fourth
quarter
Microsoft's shares rose after a Wall Street analyst claimed
the company had an extremely good fourth quarter.
Microsoft has yet
to announce its own figures, but JP Morgan Securities analysts have
increased their predictions for Microsoft's 2008 profit estimates. JP
Morgan analyst Adam Holt was optimistic about the company's organic growth
prospects.
Office 2007 will continue to be a strong performer for
Microsoft, and he thinks the company's core business' margins will remain
stable while margins for its entertainment and devices unit and online
services segment will get better over time.