Bellini, the top-ranked software analyst by Institutional Investor magazine, said every one of Microsoft's five divisions may miss the company's and analysts' sales forecasts. The world's biggest software maker won't be able to cut enough costs to meet profit goals.
... "Enterprises have gone on a buyers' strike just like consumers have," said Bellini. "You see the unemployment numbers — I don't think people are worrying about upgrading laptops and desktops."
"I don't see how they can eke it out," she said. "The environment has gotten materially worse since they gave forecasts."
The risk posed by netbooks is just one in a series of cannibalization threats faced by Microsoft, the world's largest software company, that is already starting to weigh on the company's revenue growth.
... the company is struggling to offer its core Office suite of productivity tools over the Internet, a service broadly known as "cloud computing," without eroding sales of packaged versions of the products.
Looks like the world is finally catching up the technical reality."
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