Therese Poletti's Tech Tales: As earnings arrive, tech CEOs have a lot of explaining to do [MarketWatch]
Microsoft Corporation (MSFT)
Last microsoft corporation earnings: 4/29 04:06 pm
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Source: MarketWatch
As earnings arrive, tech CEOs have a lot of explaining to do Tech’s annual victory parade is likely to turn into an apology tour in the next few weeks, as executives in charge of some of the most important companies in America face investors with much more to discuss than record-breaking holiday-shopping results. Tech executives have already been performing public apologies in response to two huge controversies: The potential impact from major flaws in semiconductor design disclosed earlier this month, and how social networks are combating counterfeit news. Now, they will have to explain exactly how these flaws and their proposed fixes will affect their earnings to anxious investors and an angry public. The question for investors is which will matter more: The huge revenue and profit from fourth-quarter results, or the long-term fallout from Big Tech’s missteps. Haunted by Spectre Semiconductor giant Intel Corp. INTC, +1.43% INTC, +1.43% will be the one of the first tech gian
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