Metropolis Opinion

Microsoft Quarterly Report
According to Reuters, Microsoft books little low profit against forecast on first quarterly report. Reuters said, ‘Microsoft posted a net profit of $4.39 billion, or 47 cents per diluted share, for its third quarter ended March 31, compared with $4.93 billion, or 50 cents per diluted share, in the year-ago period. Revenue rose 0.4 percent to $14.45 billion.’
Microsoft’s staff claimed that, lower profit on first quarterly is caused by lowering on software sales.

An issue is rising, that with the lowering profit on first quarterly report, Microsoft will get hurt in battling to buy Yahoo. But the staff claimed the issue and gave no comment till consultant with internal analysts.
In my opinion (Microsoft has too), lowering on their sales (Microsoft and office software) is also caused by the economic fundamental problem in America like credit problem and their main state market.

American Express, First Quarterly Report
As same as Microsoft on their first quarterly report, American Express reports that lowering profit on first quarterly report. According to Reuters, American Express in this first-quarter profit fell 6 percent as it set aside more money for credit losses, but results beat expectations, and shares rose in after-hours trading.
Reuters also reports that according to the American Express, net income was $991 million, or 85 cents a share, compared with $1.06 billion, or 87 cents a share, in the same quarter last year. It means, profit decline around $69 million and .0 percent a share.While American Express reported that their profit is lowering, investor in stock market look at different ways, their stock is appreciated and causing the share rose from $45.18 to $46.89 or rose around 3.8 percent.

Source Reuters