Microsoft sees plunge in quarterly sales, profit
Published: 23/07/2009 05:00
| Microsoft Corp. on Thursday posted drops of quarterly sales and profit that both missed expectations.
“Our business continued to be negatively impacted by weakness in the global PC and server markets,” Chris Liddell, chief financial officer of Microsoft, said in a statement. The results disappointed investors and Microsoft’s shares, which closed at 25.5 dollars, fell nearly 8 percent in after-hours trading. According to a consensus from Thomson Reuters, analysts have expected Microsoft to earn 36 cents per share on sales of 14.37 billion dollars. ã VietNamNet/Xnhuanet
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