GVA’s Garrity Says MSFT Re-Focusing on Mobile and Cloud (Audio)

David Garrity, principal at GVA Research, says investors are clearly welcoming the greater cuts to Microsoft’s workforce than forecast. He says, however that given expected earnings growth through 2015 is “only” 4 percent, research and development refocusing has to happen “very quickly”. Garrity also discusses the ramifications of the Apple/IBM partnership. Garrity speaks with Bloomberg’s Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s "The Hays Advantage."

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