Lower Estimate for Shipments of Windows 95
Bloomberg Business News
November 17, 1995
Dataquest Inc., a market research firm in San Jose, Calif., reduced by a third yesterday its forecast of Windows 95 shipments this year, saying sales of the Microsoft Corporation's operating system were slower than expected. Dataquest, a unit of the Dun & Bradstreet Corporation, said that Microsoft would ship fewer than 20 million copies by the end of the year, down from a projection of 30 million. Microsoft's shares fell $4.125 yesterday, to $89.875, as about 12.2 million shares were traded on Nasdaq. The slide was attributed primarily to a reduction in the stock's rating by Richard Sherlund, an analyst for Goldman, Sachs & Company. Mr. Sherlund said Microsoft faced "a serious threat" from smaller, more nimble companies in Internet software.