Microsoft profit falls, but results top expectations

By Jos
Oct 23, 2009
  1. 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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