Analyst Research Report Snapshot

Title:

Microsoft (MSFT): review of FY13 10-K new data

Price:

$81.00

Provider:

Griffin Securities, Inc.

Date:

31 Jul 2013

Pages:

10

Type:

AcrobatPDF

Companies referenced:

MSFT.OQ

Available for Immediate Download
Summary:

We review here the new data available in Microsoft’s FY13 10-K, particularly with respect to segment revenue composition and segment margin variables. In addition, certain balance sheet data – i.e., inventories – is relevant as well, given the intended ramp of Surface and the forthcoming Xbox One launch in several months. Many of the segment costs & expenses revealed in the 10-K are consistent with what we had deduced for our model. Chart 1 shows the evolution of WWLD cost of revenues and Charts 2-3 show the progression of unearned revenues by segment and by volume licensing. Table 1 shows the progression of inventories. We reiterate our Buy rating on MSFT.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.