On Thursday, September 19, Microsoft will be holding what's likely its most closely watched Financial Analyst Meeting (FAM) to date.
This year's FAM is different from FAMs past, in that it's open to Wall Street analysts only. We press types who were granted entrance to past FAMs -- and were subject to a a bunch of special rules (like no reporting directly on anything said outside the main presentations) -- are not allowed to attend this year.
The event starts at 4 pm ET/1 pm PT. On this year's speaker list are Microsoft's outgoing (in both senses of the word) CEO Steve Ballmer; Chief Financial Officer Amy Hood; and Chief Operating Officer Kevin Turner. I've heard there also will likely be an engineering panel, which will feature most if not all of the newly appointed Executive Vice Presidents of the four Engineering units at Microsoft. That means: Terry Myerson, head of the new OS division; Qi Lu, head of applications and services; Satya Nadella, head of enterprise and cloud; and Julie Larson-Green, head of devices and Studios.
There was no Microsoft FAM in 2012. But this year, the company decided to resurrect FAM and use it as a way to articulate its new financial reporting structure, post the recently announced company-wide reorg. We should learn tomorrow at least some of the details as to how Microsoft will be reporting its fiscal results, starting on October 24, when Microsoft will report results of its first quarter for fiscal 2014.
Mostly, I'm expecting to hear quite a bit from the Microsoft speakers at this year's FAM on how and why Microsoft has reorg'd the way it has. (Short answer: To better compete with the increasingly walled gardens being erected by Apple and Google.)
I'll be blogging and tweeting the FAMfest on September 19. So check back here, early and often, if you want the latest.