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

View Article



Comments

  • There are no comments yet. Be the first to comment!

Leave a Comment
  • Your email address will not be published. All fields are required.

Top White Papers and Webcasts

  • Entire organizations suffer when their networks can't keep up and new opportunities are put on hold. Waiting on service providers isn't good business. In these examples, learn how to simplify network management so that your organization can better manage costs, adapt quickly to business demands, and seize market opportunities when they arise.

  • The open source cloud computing project OpenStack has come a long way since NASA and Rackspace launched it in 2010. Backed by leading technology infrastructure providers including Cisco, Dell, EMC, HP, IBM, Intel, and VMware, OpenStack underpins significant workloads at an increasingly diverse set of organizations, including BWM, CERN, Comcast, eBay, and Wal-Mart. For CIOs engaged in broader programs to win, serve, and retain customers -- and refocus business technology (BT) spend -- a planned and pragmatic …

Most Popular Programming Stories

More for Developers

RSS Feeds

Thanks for your registration, follow us on our social networks to keep up-to-date