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October 19, 2012 01:10 am GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/b2XVXSW84RE/
Microsoft Earnings Fall Short of Forecasts
Microsoft announced its quarterly results on Thursday: $16.01 billion in revenue, with $5.31 billion of that profit. Thats down from the companys reported $7.2 billion in profit at the same time last year.
By division, Windows reported $3.24 billion in revenue, down 33 percent from last year. Business and Entertainment and Devices were also both down in revenue from this time last year, with the Server and Tools and Online Services divisions being the only two departments to show an increase in year-over-year revenue with eight and nine percent increases, respectively.
The smaller numbers may be due in part to the fact many of Microsofts flagship products have yet to launc…
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More About: Microsoft Windows 8
Original Link: http://feeds.mashable.com/~r/Mashable/~3/b2XVXSW84RE/
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