Microsoft: Waiting for Vista, Zune

The software maker again fell back on its strength in server software ahead of the release of the long-awaited Windows upgrade and music player

For Microsoft, a quiet quarter isn't a bad thing. Especially when you consider that in recent months, the software maker caught analysts off-guard with unexpected expenses and on another occasion posted blowout results. The first quarter of fiscal 2007 was neither of those. "This was kind of a tame quarter," says Goldman Sachs (GS) analyst Rick Sherlund.

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