
Microsoft Corp Chief Executive Steve Ballmer said on Thursday he still sees a 8220;certain buoyancy8221; among technology and telecommunications customers worldwide, despite recent US economic woes.
8220;Our industry is not immune to what goes on in the global economy. And yet as I travel8230;given the current circumstances, people still see a certain buoyancy in the market,8221; Ballmer told a meeting of Silicon Valley civic leaders.
8220;At least, for now, people are feeling, I won8217;t say optimistic, but better than you would be feeling if you are watching CNBC all day,8221; he said of the financial TV channel.
Ballmer, the leader of the world8217;s largest software maker, said he was speaking generally of industry demand rather than his own business. 8220;We are one week from the end of the quarter, so I have nothing all that interesting to say,8221; he joked.
Wall Street analysts, on average, expect the Redmond, Washington-based company to generate an 8 per cent rise in revenue to just under 15 billion during its fiscal first quarter ending in September.