Goldman Sachs Boosts Windows Revenue Forecast (MSFT)

Goldman Sachs updated its Windows revenue forecast for Microsoft (NASDAQ: MSFT).

The firm's June 2012 quarter and FY2013 Windows revenue forecast increases by $175 mn and about $280 mn, respectively, driven primarily by an increase in the number of business PC shipments as well as their higher ASPs.

FY12 EPS moves up from $2.72 to $2.74, FY13 from $2.99 to $3.01 and FY14 from $3.19 to $3.21.

Goldman maintained their Neutral rating and $34 target on MSFT.

For an analyst ratings summary and ratings history on Microsoft click here. For more ratings news on Microsoft click here.

Shares of Microsoft closed at $31.76 yesterday.

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