BBC NEWS | Business | Microsoft profits down by a third

Microsoft has reported disappointing results for the April to June quarter, with profits down by almost a third.Net profit for the period was $3.1bn £1.9bn, down by 29% from the same period a year earlier. Revenue came in at $13.1bn, down 17% from a year ago.The results were worse than analysts had been expecting.The world’s largest software maker said it had been affected by weakness in the global personal computer PC and server markets.

via BBC NEWS | Business | Microsoft profits down by a third.