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  • No, the iPad Is Not Killing Microsoft's Business

    02/01/2011 12:12:05 PM PST · by SeekAndFind · 57 replies
    Daily Finance ^ | 02/01/2011 | Kevin Kelleher
    The iPad is killing Microsoft (MSFT), at least if you believe the meme that has been spreading in the stock market. After Microsoft reported its second-quarter earnings last Thursday, the stock fell 4% despite stronger-than-expected financials and several analysts raising their price targets on the stock. But investors were taken in by the idea that Microsoft's future earnings are so much roadkill in the iPad Era. Microsoft's quarterly revenue came in at $19.95 billion, above the $19.14 billion estimated by analysts, and its earnings of 77 cents a share beat the analysts' expectations of 68 cents per share. Revenue was...