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PC slump erodes Microsoft profits

Microsoft Corp.’s profit missed analysts’ projections as Windows sales were hurt by shrinking demand for personal computers and the company wrote down the value of unsold inventory of its Surface tablet.
Excluding a 7-cent charge related to the inventory adjustment, fourth-quarter profit was 66 cents a share, Microsoft said… …read more
Source: NY Post

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Posted by on July 19, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.