TVSpy LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

CNBC Confusion about Microsoft

cnbcmicrosoft10-23.jpgAccording to Silicon Alley Insider, CNBC this morning “reported that Microsoft had lowered its REVENUE guidance on its conference call. Not surprisingly, the stock immediately tanked. But what Microsoft actually lowered was EXPENSE guidance.”

That distinction is a big one (apparently). CNBC’s Jim Goldman reported the original news and the “clarification” several minutes later.

After the jump, you can see a series of videos cataloging the incident.


Mediabistro Course

Online Production for Writers and Editors

Online Production for Writers and EditorsStarting July 17, learn how to create multi-dimensional content for your digital mediums! Taught by a multiplatform journalist, Darragh Worland will teach you how to create content that is multi-dimensional and editorially relevant, use the web to its full potential, create stories that have social media campaigns built in and increase your value as as an employee. Register now!