In connection with that call, Goldman analyst Heather Bellini trimmed her forecast for Microsoft's financial results for the June quarter. Bellini now sees Windows revenue in the June quarter of $4.8 billion, down from $5 billion, with total revenue of $18.8 billion, down from $19 billion, and profits of 66 cents a share, down from 67 cents, but still above the consensus at 65 cents.
On the other hand, Bellini said that based on updated March quarter PC shipment forecasts, she boosted her Windows revenue forecast for the March quarter to $4.2 billion from $4 billion, boosting total revenue to $16.9 billion, from $16.8 billion, with EPS of 56 cents, up from 55 cents, but a penny below the Street at 57 cents.
For FY 2013, she now sees profits of $2.96 a share, down from $2.99. Bellini maintains a Neutral rating and $32 target on the stock.
MSFT this morning is down 22 cents, or 0.7%, to $31.26.