I think MSFT would report at least 80 cents with $22.2B with cautious to optimistic outlook. They might be cautious so that the major other competitors will not pounce on MSFT with some baseless patents lawsuit. MSFT could trade in the range of $29-30 before earnings report and after earnings report if they come up with the #s that I have mentioned above then we could cross $30 and stay in low $30s until next Q.
Certainly doesn't seem outrageous. They have revenue from both Windows7 and we know at least 60M Windows8 licenses, plus Xbox and Halo sold well, the business division always does great. It should already be running up into earnings....I guess this will be one of those buy the news instead of sell the news events.