Microsoft after the bell 05-23-2006: Vista confidence? Markets says, 'No'

Posted May 23rd 2006 4:22PM by Sarah Gilbert
Filed under: After the Bell, Press Releases, Products and Services, Launches, Microsoft (MSFT)

microsoft chart 05-23-2006 Confident about Vista release dates? That's what Microsoft "Windows guru" Jim Allchin told Reuters in an interview today. He's the co-president of the company's Platforms & Services Division, and the one responsible for Vista, the upcoming operating system update. The market has been highly skeptical of Microsoft's ability to release the software on time; ever since Gartner released a report indicating Vista would hit the shelves months behind schedule.

Evidently, the market remains skeptical. MSFT was way up in the morning to a respectable $23.38, but plunged at the end of the day in a market-wide sell-off, ending down nine cents at $22.79. Evidently, Allchin's confidence didn't have much sway in the face of uncertainty over commodity prices and, perhaps, the continuing incredulity of MSFT investors.

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