Microsoft's new CFO Peter Klein on cutting costs

Although Klein could not talk in much detail about the coming fiscal year, he still reassured Wall Street that his approach to cut costs will be disciplined

When asked on Microsoft's growth rate for the next year, he said : "Something I've been focused on even before taking this role (was) working with Chris and the leadership team on that — and (we) feel great that we've got a thoughtful plan that we've come up with, and we're doing what we said and executing against that. A big part of that is prioritization and making sure the resources are allocated to the high-return areas. And that will be the approach that we take when we build our fiscal year '11 plan, absolutely. So that approach stays the same."

Peter Klein, Chris Liddell's replacement, walks analysts through company earnings

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