Microsoft notes from conference call: Co provides Q1 rev guidance that calcs to $21.2-22.3 bln vs $22.92 bln Capital IQ Consensus Estimate (44.83 -0.01)
Devices and consumer
In licensing revs expected between $4.1-4.2 bln
In computing and gaming hardware revs expected between $1.7-2.0 bln
In phone hardware revs are expected to be $1.9-2.3
Other revs expected between $1.8-1.9 bln
Commercial
Combined revs between the companies two commercial segments to be $12.0-12.2 bln; within this other revs accounting for $2.2-2.3 bln
Corporate
$300 mln of negative impact
Expect COGS to be between $7.5-7.9 bln
Expect OpEx excluding integration restructuring to be $8.5-$8.7 bln;
Expect CapEx to increase sequentially (vs $1.33 bln in Q4)
Expect full year tax rate between 21-23%
Co sees FY15 operating expenses of $34.2-34.6 bln