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Microsoft Profits Fail to Buoy Share Price
Source: E-Commerce Times E-Mail this News Story to a friend E-Mail this Story
Category: Science / Technology
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News URL: http://www.ecommercetimes.com/rsstory/63856.html
Microsoft Profits Fail to Buoy Share PriceMicrosoft said Thursday its fiscal fourth-quarter profit jumped 42 percent, helped by strong sales of its Office and Windows software, but the company offered a softer-than-expected outlook for the current quarter. Earnings for the three months ended June 30 rose to $4.3 billion, or 46 cents per share, missing Wall Street's expectations by a penny per share.
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