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| Time:
09:10 EST/14:10 GMT | News Source:
Bloomberg |
Posted By: Chris Hedlund |
|
Microsoft Corp. shares failed to get a lift from better-than-predicted second-quarter sales and profit results yesterday after a shortfall in Windows revenue raised concerns about future demand for the operating system.
Windows revenue of $5.05 billion missed the $5.2 billion average of analysts’ estimates compiled by Bloomberg. That differed from results showing Microsoft’s Office and Server businesses exceeded projections, and the Xbox unit posted a 55 percent gain.
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