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NY Times: Microsoft Tells Analysts the Future Is Good, Sort Of

Jul 23, 1999, 17:39 (14 Talkback[s])

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"In summing up its year for financial analysts and investors today, a supremely confident Microsoft Corporation gave few indications that it felt embattled... Over all, the company's revenue grew by 29 percent.

"Microsoft's president, Steven Ballmer, said that 99 million Windows-based personal computers were sold in the last year, a global growth rate of 14 percent. The numbers appeared to overwhelm even the normally unflappable Ballmer..."

"Microsoft also announced early this morning that it was mounting an all-out attack on a market currently dominated by America Online -- instant-messaging software."

"Ballmer took particular note of Linux, a free version of the Unix operating system that is widely seen as a significant competitive threat to Microsoft, particularly among corporate users.

"The Unix phenomenon is scary," he said. "It doesn't go away. Linux is a serious, albeit crazy, implementation of Unix on the Intel platform.""

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