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Microsoft profit falls, but results top expectations

Discussion in 'TechSpot News and Comments' started by Jos, Oct 23, 2009.

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  1. Jos TechSpot Staff

    Microsoft has released its financial results for the first quarter of fiscal 2010, managing to beat forecasts despite a drop in both revenue and profit compared to last year. Specifically, the company's net income slipped to $3.57 billion, or 40 cents a share, from $4.37 billion a year ago while revenue fell 14 percent to $12.92 billion.

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