Well, well, well, that financial imp at Microsoft–CFO Chris Liddell–pulled a fast one on Wall Street and turned in first-quarter earnings that blew away all estimates and even whisper numbers.

BoomTown liveblogged the morning conference call, which took place at 7:30 am PT–thanks for the Kiwi-laced wake-up call, Chris!

While revenue and net income in Q1 were down significantly from the same period a year ago, they were not as bad as investors expected.

Which apparently passes for terrific these days!

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Here are the three new Apple commercials trying to take a smack at the launch of Windows 7, the new operating system from Microsoft.

The “Get a Mac” advertising features the PC and Mac guys, as usual, but are quite a bit meaner than usual.

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To be totally honest, BoomTown was a little late getting a request in to Microsoft to host a Windows 7 Launch Party.

Thus, no “special Signature Edition of Windows® 7 Ultimate and your very own Windows® 7 Party Pack to share with your guests” for a shindig at my house!

So, because we admire the very gumption of Microsoft marketing types trying to make a software launch festive, which many have mocked mercilessly, the Swisher boys and I pressed on and created our own party to mark the launch of the much anticipated operating system software.

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Way back in the fall of 2001, BoomTown attended a keynote speech at the now-defunct Comdex show in Las Vegas, where Microsoft Chairman Bill Gates continued to bang the drum for one of his long-running obsessions: The tablet computer.

It is an obsession he has never given up.

So it is ironic that all the hype has suddenly and firmly coalesced around the particulars of the tablet that Apple has developed–a device being spearheaded by CEO Steve Jobs and likely to arrive in the coming months.

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BoomTown went to visit the HQ of Adobe in San Francisco several weeks ago to have a chit-chat with its CTO, Kevin Lynch, for a lovely discussion about the future of its Flash online video technology and more.

But he somehow did not mention the then-pending purchase of Omniture by Adobe for $1.8 billion. Go figure.

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First up at Microsoft’s Financial Analyst Meeting today, as you might imagine, is CEO Steve Ballmer, who is as bouncy and braggy as I have ever seen him, probably because he is fresh from getting his mitts on a long-sought-after prize–the search business of Yahoo.

But, while Wall Street thinks Microsoft made out well in the deal, the opinion about Yahoo’s side of the deal has been not so positive, with its shares down another five percent today already, after plummeting 12 percent yesterday.

Thus, Ballmer to the rescue!

“This is the one that stuns me, that people haven’t figured it out,” said Ballmer. “It’s sort of, like, unbelievable.”

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How low can Microsoft go?

Very low, it seems, in announcing really bad fourth-quarter earnings, missing Wall Street revenue estimates by an astonishing $1 billion.

Talk about a game of extreme limbo.

No surprise–Microsoft shares have been taking a beating in after-hours trading.

BoomTown liveblogged the earnings call.

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All the news is already out about the new Yahoo homepage, which was launched today for users in the U.S. It features customizable apps, as well as a cleaner look.

But, just in case you are not satisfied yet, here is the full press release on the new front page for Yahoo.

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OK, the Lauren ad was a little too cute for its own good, and BoomTown has no interest in Giampaulo’s “really big hands.”

But the latest installment of Microsoft’s real-people advertising campaign, called “Laptop Hunters”–this time a mother and son named Lisa and Jackson looking to score a computer–is pretty funny and sweet, and the main theme of hefty value over too-thin hipness is really starting to kick in.

And while I cannot blame Microsoft for sticking to the Apple-Is-for-Value-Ignorant-Elites meme, I still wish that the messaging would move on from price to more important things such as how the software and hardware perform together.

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Displaying BoomTown’s advanced age and elephantine cache of meaningless tech memories, after news yesterday that the software giant was plunging into the retail market, I was surprised to find little mention that Microsoft’s last store effort had ended in failure in 2001.

That’s not to say it’s a particularly good or bad idea to hire a former Dreamworks and Wal-Mart exec named David Porter as vice president of retail stores to create Microsoft-branded stores–or as the company announced yesterday, “to create a better PC and Microsoft retail purchase experience.”

Just as long as the Zunes go on the back shelf!

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Microsoft CEO Steve Ballmer made an appearance at the three-day U.S. House of Representatives Democratic Caucus Retreat today to talk about innovation and, let’s be real, the very bad economy and the impact on businesses like the tech giant.

The confab has already seen an appearance by President Barack Obama yesterday and one by Vice President Joe Biden this morning. Ballmer got the lunch spot today.

Ballmer’s message was a bummer, appropriately: “In my view, what we now have will be a fundamental economic reset.”

Here’s his whole speech.

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Earlier today Microsoft decided it would drop the bomb early by moving its second-quarter earnings conference call to 8 a.m. PST instead of 2:30 p.m. PST.

BoomTown, naturally, had to liveblog the Microsoft event, in which its execs tried mightily to put lipstick on a very ugly pig. It was a good effort, at least.

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Microsoft said its financial performance took a major hit, with revenue up only two percent and net income down 11 percent, whiffing badly on Wall Street’s expectations. In addition, the software giant said that it would cut 5,000 jobs and other costs across many divisions over the next 18 months, starting with 1,400 today, pegging operating cost savings at $1.5 billion annually. Perhaps most ominously, Microsoft said it would not give profit and revenue guidance for the rest of the year because of the economy’s turmoil. Apparently, even the smartest of techies have little insight to this very foggy financial situation.

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We’re posting all the interviews from the sixth D: All Things Digital conference that took place in late May.

Here’s an interview Walt Mossberg did with Michael Dell, the founder of the once-high-flying computer maker who has returned as its CEO. Dell was forced to resume the role in 2007 after changing market conditions caused the company to falter and competition from Apple, Hewlett-Packard and Sony increased.

This is part one of three parts.

In this first part, Dell talks about how Dell stumbled and how it is trying to right itself.

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Here are videos of three of the new “I’m a PC” ads, from Microsoft’s next phase of its Vista-doesn’t-bite advertising campaign.

You can decide if you like them or not. But BoomTown is declaring them a vast improvement on the quirky initial commercials that featured Microsoft Founder Bill Gates and comedian Jerry Seinfeld.

The software giant seems to be returning from its short visit in hipville to a more normal marketing message, with an it’s-a-small-world-after-all panoply of people declaring that they are all PCs.

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