Analysts look down on Windows 8 performance

Computer store news:

Microsoft will announce its second-quarter earnings after the US stock market closes on Thursday. Although the financial report has not yet been seen, analysts have already looked down on
Windows 8 performance, saying that Windows8
can't pull Microsoft's stock price.
Win8's performance is the main point of Microsoft's second-quarter earnings. Analysts pointed out that the demand for Windows 8 has been curbed due to the limited number of touch devices launched for the Win8
platform.

Since the brief rebound at the end of October last year, Microsoft's share price has fallen more than 8%. However, the stock rose 1.7% to $27.61 on Wednesday. Analysts surveyed by FactSet, a market research firm, expect Microsoft's second-quarter earnings of 75 cents a share on revenue of $21.6 billion, compared with 78 cents a share in the same period last year and revenue of $20.89 billion. Analysts are also watching the performance of the Surface tablet and Windows Phone business. Yuan Jin, an analyst at brokerage Janney Capital, gave Microsoft a "Neutral" rating with a target price of $28. He said that no matter what kind of performance Microsoft releases, investors should not overreact. In a research report sent to investors, Yun Kim said: “Although we acknowledge that Wall Street’s expectations did not fully reflect the recent downward revision of PC shipments, we do not believe that the weak Windows business will cause Microsoft’s share price. Negative impact. "The number of Microsoft shares will remain at the current level before there are signs that Microsoft can innovate and succeed in the post-PC era." Raymond James analyst Michael Turtis is relatively bullish on Microsoft's prospects, reaffirming Microsoft's stock "Buy rating" and $34 target price. However, Michael Turtis lowered its second-quarter Microsoft earnings per share forecast from 73 cents to 73 cents, on the grounds that a decline in PC shipments will affect the Windows business.