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Microsoft to drop back on spending growth

Time: 06:38 EST/11:38 GMT | News Source: News.com | Posted By: Andre Da Costa

Microsoft plans to increase its operating expenses next year, but it won't reach the $2.7 billion increase inked in for 2007, CEO Steve Ballmer told financial analysts on Thursday. "I wouldn't expect a huge drop. Just a small drop is what you should have in mind," Ballmer said at a meeting with investors and financial analysts in New York.

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